Lending Rate in Nigeria increased to 18.54 percent in July from 18.19 percent in June of 2025. Lending Rate in Nigeria averaged 14.13 percent from 1961 until 2025, reaching an all time high of 37.80 percent in September of 1993 and a record low of 6.00 percent in April of 1975. source: Central Bank of Nigeria
Lending Rate in Nigeria is expected to be 17.04 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Lending Rate is projected to trend around 15.04 percent in 2026 and 14.04 percent in 2027, according to our econometric models.