Nigeria Deposit Rates

Deposit Rate: Savings Deposits

2000 - 2024 | Monthly | % pa | Central Bank of Nigeria

Deposit Rate: Savings Deposits data was reported at 5.280 % pa in Jan 2024. This stayed constant from the previous number of 5.280 % pa for Dec 2023. Deposit Rate: Savings Deposits data is updated monthly, averaging 3.520 % pa from Jan 2000 to Jan 2024, with 289 observations. The data reached an all-time high of 8.510 % pa in Mar 2002 and a record low of 1.250 % pa in Feb 2022. Deposit Rate: Savings Deposits data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Last Frequency Range
5.280 Jan 2024 monthly Jan 2000 - Jan 2024

View Nigeria's Deposit Rate: Savings Deposits from Jan 2000 to Jan 2024 in the chart:

Nigeria Deposit Rate: Savings Deposits

Nigeria Deposit Rate: Savings Deposits: 1 Month

2006 - 2018 | Monthly | % pa | Central Bank of Nigeria

Deposit Rate: Savings Deposits: 1 Month data was reported at 8.710 % pa in Oct 2018. This records a decrease from the previous number of 8.790 % pa for Sep 2018. Deposit Rate: Savings Deposits: 1 Month data is updated monthly, averaging 8.580 % pa from Jan 2006 to Oct 2018, with 154 observations. The data reached an all-time high of 15.010 % pa in Apr 2009 and a record low of 3.490 % pa in Aug 2010. Deposit Rate: Savings Deposits: 1 Month data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Last Frequency Range
8.90 May 2018 monthly Jan 2006 - May 2018

View Nigeria's Nigeria Deposit Rate: Savings Deposits: 1 Month from Jan 2006 to May 2018 in the chart:

Nigeria Nigeria Deposit Rate: Savings Deposits: 1 Month

Nigeria Deposit Rate: Savings Deposits: 12 Months

2006 - 2018 | Monthly | % pa | Central Bank of Nigeria

Deposit Rate: Savings Deposits: 12 Months data was reported at 10.460 % pa in Oct 2018. This records an increase from the previous number of 10.080 % pa for Sep 2018. Deposit Rate: Savings Deposits: 12 Months data is updated monthly, averaging 8.245 % pa from Jan 2006 to Oct 2018, with 154 observations. The data reached an all-time high of 16.470 % pa in Feb 2009 and a record low of 3.530 % pa in Dec 2010. Deposit Rate: Savings Deposits: 12 Months data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Last Frequency Range
9.96 May 2018 monthly Jan 2006 - May 2018

View Nigeria's Nigeria Deposit Rate: Savings Deposits: 12 Months from Jan 2006 to May 2018 in the chart:

Nigeria Nigeria Deposit Rate: Savings Deposits: 12 Months

Nigeria Deposit Rate: Savings Deposits: 3 Months

2006 - 2018 | Monthly | % pa | Central Bank of Nigeria

Deposit Rate: Savings Deposits: 3 Months data was reported at 9.470 % pa in Oct 2018. This records an increase from the previous number of 9.440 % pa for Sep 2018. Deposit Rate: Savings Deposits: 3 Months data is updated monthly, averaging 9.415 % pa from Jan 2006 to Oct 2018, with 154 observations. The data reached an all-time high of 14.650 % pa in Apr 2009 and a record low of 4.130 % pa in Aug 2010. Deposit Rate: Savings Deposits: 3 Months data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Last Frequency Range
9.97 May 2018 monthly Jan 2006 - May 2018

View Nigeria's Nigeria Deposit Rate: Savings Deposits: 3 Months from Jan 2006 to May 2018 in the chart:

Nigeria Nigeria Deposit Rate: Savings Deposits: 3 Months

Nigeria Deposit Rate: Savings Deposits: 6 Months

2006 - 2018 | Monthly | % pa | Central Bank of Nigeria

Deposit Rate: Savings Deposits: 6 Months data was reported at 10.150 % pa in Oct 2018. This records an increase from the previous number of 9.760 % pa for Sep 2018. Deposit Rate: Savings Deposits: 6 Months data is updated monthly, averaging 9.515 % pa from Jan 2006 to Oct 2018, with 154 observations. The data reached an all-time high of 15.840 % pa in Feb 2009 and a record low of 3.500 % pa in Dec 2010. Deposit Rate: Savings Deposits: 6 Months data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Last Frequency Range
10.62 May 2018 monthly Jan 2006 - May 2018

View Nigeria's Nigeria Deposit Rate: Savings Deposits: 6 Months from Jan 2006 to May 2018 in the chart:

Nigeria Nigeria Deposit Rate: Savings Deposits: 6 Months

Deposit Rate: Savings Deposits: 7 Days

2000 - 2022 | Monthly | % pa | Central Bank of Nigeria

Deposit Rate: Savings Deposits: 7 Days data was reported at 5.095 % pa in Mar 2023. This records a decrease from the previous number of 5.448 % pa for Feb 2023. Deposit Rate: Savings Deposits: 7 Days data is updated monthly, averaging 4.615 % pa from Jan 2000 to Mar 2023, with 279 observations. The data reached an all-time high of 12.910 % pa in Mar 2002 and a record low of 0.775 % pa in Jan 2021. Deposit Rate: Savings Deposits: 7 Days data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Last Frequency Range
5.062 Sep 2022 monthly Jan 2000 - Sep 2022

View Nigeria's Deposit Rate: Savings Deposits: 7 Days from Jan 2000 to Sep 2022 in the chart:

Nigeria Deposit Rate: Savings Deposits: 7 Days

Deposit Rate: Savings Deposits: Over 12 Months

2000 - 2023 | Monthly | % pa | Central Bank of Nigeria

Deposit Rate: Savings Deposits: Over 12 Months data was reported at 3.709 % pa in Sep 2023. This records a decrease from the previous number of 4.395 % pa for Aug 2023. Deposit Rate: Savings Deposits: Over 12 Months data is updated monthly, averaging 8.850 % pa from Jan 2000 to Sep 2023, with 285 observations. The data reached an all-time high of 21.310 % pa in Mar 2002 and a record low of 2.166 % pa in Sep 2010. Deposit Rate: Savings Deposits: Over 12 Months data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Last Frequency Range
3.709 Sep 2023 monthly Jan 2000 - Sep 2023

View Nigeria's Deposit Rate: Savings Deposits: Over 12 Months from Jan 2000 to Sep 2023 in the chart:

Nigeria Deposit Rate: Savings Deposits: Over 12 Months
Deposit Rate: Savings Deposits
Deposit Rate: Savings Deposits: 1 Month
Deposit Rate: Savings Deposits: 12 Months
Deposit Rate: Savings Deposits: 3 Months
Deposit Rate: Savings Deposits: 6 Months
Deposit Rate: Savings Deposits: 7 Days
Deposit Rate: Savings Deposits: Over 12 Months
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