NIGERIAN EUROBONDS SEPTEMBER 24, 2020: 6.75% $500M Jan 2021 – 100.458/ 5.292%, 5.625% $300M Jun 2022 – 100.590/5.262%, 6.375% $500M Jul 2023 – 101.947/5.607%, 7.625% $1.118BN Nov 2025 – 103.747/6.748%, 6.500% $1.50BN Nov 2027 – 95.432/7.328%, 7.143% $1.25BN FEB 2030 – 95.331/ 7.853%, 8.747% $1.0BN Jan 2031 – 101.916/8.462%, 7.875% $1.50BN Feb 2032 – 94.801/8.598%, 7.696% $1.25BN Feb 2038 – 89.564/8.884%, 7.625% $1.50BN Nov 2047 – 88.422/8.745%, 9.248% $750M Jan 2049 – 98.521/9.396%.
Updates
- Finance minister, others shun budget performance sitting, panel kicks
- CBN prepares for recession, reduces benchmark lending rate to 11.5%
- National Assembly pledges allocation to youth development: Budget
- President Buhari issues new order to CBN: COVID-19
- IMF, World Bank conditions behind subsidy withdrawal, electricity tariff hike: Budget support
- It’s regrettable, no going back on fuel, electricity tariff hike – Buhari
- Naira loses ground against Dollar
- World food price index rises for third month: FAO
- Fed Govt set to replace Vision 20:2020
- COVID-19, Global mobility: outlook for the future
Fixed Deposit Rates
Fixed deposits interest rates of Nigerian Banks
| S/N | NAME OF BANK | Demand Deposit | Savings Deposit | Time Deposit |
| Ave. Int Rate | Ave. Int Rate | Ave. Int Rate | ||
| 1 | Access Bank | 0.90 | 4.05 | 11.61 |
| 2 | Citi Bank Nigeria | 1.50 | 4.10 | 6.60 |
| 3 | Coronation Merchant Bank | – | – | 13.67 |
| 4 | Diamond Bank | 0.36 | 4.20 | 6.80 |
| 5 | Ecobank Nigeria | 0.01 | 4.05 | 8.86 |
| 6 | FCMB | 0.47 | 4.20 | 10.50 |
| 7 | Fidelity Bank | 3.00 | 4.05 | 12.00 |
| 8 | First Bank of Nigeria | 0.00 | 4.05 | 7.50 |
| 9 | FBN Merchant Bank | – | – | 9.20 |
| 10 | FSDH Merchant Bank | – | – | 9.55 |
| 11 | Guaranty Trust Bank | 0.47 | 4.20 | 8.18 |
| 12 | Heritage Bank | 0.00 | 4.20 | 13.88 |
| 13 | Keystone Bank Ltd | 0.41 | 4.20 | 14.04 |
| 14 | Nova Merchant Bank | – | – | 13.18 |
| 15 | Providus Bank | 0.00 | 4.20 | 9.05 |
| 16 | Rand Merchant Bank Nig. Ltd | 0.00 | 0.00 | 15.08 |
| 17 | Polaris Bank | – | 4.20 | 8.48 |
| 18 | Stanbic IBTC Bank | 0.63 | 4.20 | 7.68 |
| 19 | Standard Chartered Bank | 0.00 | 4.22 | 7.24 |
| 20 | Sterling Bank | 0.00 | 4.05 | 10.17 |
| 21 | SunTrust Bank | 0.00 | 2.00 | 9.94 |
| 22 | Union Bank | 0.50 | 4.20 | 10.06 |
| 23 | United Bank for Africa | 0.02 | 4.20 | 8.15 |
| 24 | Unity Bank | 0.50 | 4.20 | 16.00 |
| 25 | Wema Bank | 1.85 | 4.20 | 8.75 |
| 26 | Zenith Bank | 0.47 | 4.05 | 8.63 |
Updated October 18, 2019