Nigeria Interest Rates

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 its inflation was 11.5% in 2009 and 13.9% in 2010.

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Nigeria Banks

Showing rates for 6 Bank deposit providers in Nigeria.
United Bank for AfricaUnited Bank For Africa5361949Local
First Bank of NigeriaFirst Bank Of Nigeria5201894Local
Zenith BankZenith Bank3401990Local
Stanbic IBTC BankStanbic IBTC Bank602007Foreign
Standard Chartered Bank NigeriaStandard Chartered Bank Nigeria281894Foreign
Citibank NigeriaCitibank Nigeria121984Foreign

Nigeria Discussion Activity