Nigeria Banks

BankBranchFoundedBest RateTypeTermOwnership
Stanbic IBTC Bank602007N/AN/AN/AForeign
Zenith Bank3401990N/AN/AN/ALocal
United Bank For Africa5361949N/AN/AN/ALocal
Citibank Nigeria121984N/AN/AN/AForeign
First Bank Of Nigeria52018941.00%SavingsN/ALocal
Standard Chartered Bank Nigeria2818947.90%Deposits1 yearForeign

Nigeria Deposit Rates (Fixed Interest)

BankBranchFoundedInterest RateChangeCurrencyLast Updated
Standard Chartered Bank Nigeria2818947.90% - NGNMar 2015
More Term Deposit Rates

Nigeria Savings Accounts (Floating Rates)

BankBranchFoundedInterest RateChangeCurrencyLast Updated
First Bank Of Nigeria52018941.00% - NGNMar 2015
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Nigeria Loans Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
Standard Chartered Bank Nigeria28189420% - NGNMar 2015

Economy

Compare Bank Deposit Rates in Nigeria

The Nigerian economy with a population of 158.2 Million (Est 2009) ranks 31st in the world with a GDP PPP of 374 billion and GDP PPP per capita of 2,422 vs 47,284 (United States) according to the IMF in 2010. Its currency is the Nigerian Naira (NGN). Bank deposits held for a fixed term in Nigeria are called fixed deposits or term deposits. According to CIA.gov its inflation was 11.5% in 2009 and 13.9% in 2010.