Nigeria: Deposit interest rate

(measure: percent, source: Central Bank of Nigeria)
* indicates monthly or quarterly data series

Bank deposit interest rate, percent in Nigeria, June, 2020: For that indicator, we provide data for Nigeria from January 2006 to June 2020. The average value for Nigeria during that period was 8.52 percent with a minimum of 3.53 percent in December 2010 and a maximum of 16.47 percent in February 2009. Click on the following link to see the values of Bank deposit interest rate, percent around the world.
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Measure: percent
Source: Central Bank of Nigeria

Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
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