Nigeria Deposit Rates
Deposit Rate: Savings Deposits
Deposit Rate: Savings Deposits data was reported at 7.560 % pa in Oct 2024. This records an increase from the previous number of 6.790 % pa for Sep 2024. Deposit Rate: Savings Deposits data is updated monthly, averaging 3.590 % pa from Jan 2000 (Median) to Oct 2024, with 298 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 |
|---|---|---|
| 7.560 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
View Nigeria's Deposit Rate: Savings Deposits from Jan 2000 to Oct 2024 in the chart:
Nigeria Deposit Rate: Savings Deposits: 1 Month
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 (Median) 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 Deposit Rate: Savings Deposits: 12 Months
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 (Median) 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 Deposit Rate: Savings Deposits: 3 Months
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 (Median) 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 Deposit Rate: Savings Deposits: 6 Months
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 (Median) 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:
Deposit Rate: Savings Deposits: 7 Days
Deposit Rate: Savings Deposits: 7 Days data was reported at 8.155 % pa in Jun 2024. This records a decrease from the previous number of 8.462 % pa for May 2024. Deposit Rate: Savings Deposits: 7 Days data is updated monthly, averaging 4.829 % pa from Jan 2000 (Median) to Jun 2024, with 294 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 |
|---|---|---|
| 8.155 Jun 2024 | monthly | Jan 2000 - Jun 2024 |
View Nigeria's Deposit Rate: Savings Deposits: 7 Days from Jan 2000 to Jun 2024 in the chart:
Deposit Rate: Savings Deposits: Over 12 Months
Deposit Rate: Savings Deposits: Over 12 Months data was reported at 13.076 % pa in Jun 2024. This records an increase from the previous number of 12.195 % pa for May 2024. Deposit Rate: Savings Deposits: Over 12 Months data is updated monthly, averaging 8.861 % pa from Jan 2000 (Median) to Jun 2024, with 294 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 |
|---|---|---|
| 13.076 Jun 2024 | monthly | Jan 2000 - Jun 2024 |