Stock QuotesEurobonds ($)
NIGERIAN EUROBONDS NOVEMBER 26, 2020: 6.75% $500M Jan 2021 – 100.819/ 1.616%,   5.625% $300M Jun 2022 – 103.228/3.499%,   6.375% $500M Jul 2023 – 107.267/3.445%, 7.625% $1.118BN Nov 2025 – 112.868/4.694%,  6.500% $1.50BN Nov 2027 – 105.389/5.559%,   7.143% $1.25BN FEB 2030 – 105.857/ 6.295%, 8.747% $1.0BN Jan 2031 – 113.814/6.834%,   7.875% $1.50BN Feb 2032 – 108.618/6.764%,   7.696% $1.25BN Feb 2038 – 104.661/7.217%,  7.625% $1.50BN Nov 2047 – 103.225/7.349%,   9.248% $750M Jan 2049 – 114.750/7.929%.
Business Finance Info & Updates

Bank Lending Rates

Nigeria Banks Lending Rates, Interest rate in Nigeria, Average lending rates.

Nigeria Banks Lending Rates

S/N NAME OF BANK Agriculture Manufacturing Real Estate & Construction Oil & Gas
Prime Max. Prime Max. Prime Max. Prime Max.
1 Access Bank 16.00 29.50 14.0 29.50 14.00 29.00 15.00 29.50
2 Citi Bank Nigeria 16.00 22.00 16.00 21.00 16.00 22.00 16.00 22.00
3 Coronation Merchant Bank 16.50 18.00 16.00 22.0 19.10 19.50 17.00 17.00
4 Diamond Bank 15.00 30.06 20.00 29.83 20.00 23.00 20.0 28.72
5 Ecobank Nigeria 17.00 25.00 14.00 24.0 19.00 28.0 15.00 26.00
6 FCMB***** 4.20 30.0 5.79 30.0 5.77 77.0 3.00 30.0
7 Fidelity Bank 6.0 36.0 19.0 36.0 19.0 36.0 19.0 36.0
8 First Bank of Nigeria 9.0 27.0 20.0 28.0 20.0 27.0 20.0 28.0
9 FBN Merchant Bank 18.0 18.5 13.0 26.00 11.97 22.00
10 FSDH Merchant Bank 14.85 20.0 14.85 20.0 14.95 20.0
11 Guaranty Trust Bank 7.0 21.0 12.0 24.0 18.0 23.0 7.5 26.0
12 Heritage Bank 27.0 30.0 27.0 31.0 27.0 30.0 27.0 30.0
13 Keystone Bank Ltd 19.0 36.0 19.0 34.0 19.0 34.0 19.0 36.0
14 Nova Merchant Bank 17.00 20.0
15 Providus Bank 9.0 25.0 22.0 25.0 22.0 25.0 22.0 25.0
16 Rand Merchant Bank Nig. Ltd 17.5 19.00 20.95 20.95 17.36 17.36
17 Polaris Bank 9.0 31.0 28.0 34.0 28.0 34.0 28.0 34.0
18 Stanbic IBTC Bank 7.0 36.0 13.50 36.0 17.44 28.0 11.0 36.0
19 Standard Chartered Bank 20.0 25.0 20.0 25.0 20.0 25.0 20.0 25.0
20 Sterling Bank 24.0 33.0 21.0 30.0 24.0 30.0 21.0 33.0
21 SunTrust 16.59 30.0 21.02 30.0 22.0 30.0
22 Union Bank 23.5 45.5 9.5 32.00 24.5 36.5 17.5 42.5
23 United Bank for Africa 7.0 25.0 19.0 29.0 24.0 29.0 19.0 29.0
24 Unity Bank 24.0 32.0 24.0 32.0 24.0 32.0 24.0 32.0
25 Wema Bank 9.0 25.0 29.0 29.0 29.0 30.0 29.0 30.0
26 Zenith Bank 17.00 27.00 17.00 26.00 17.00 26.00 17.00 27.00

Lending rates for the following sectors are not covered by the table above. The full list can be downloaded here:

Banks Deposit and Lending Rates – October 18, 2019

  • Mining & Quarrying
  • Public Utilities
  • General Commerce
  • Transportation & Storage
  • Finance & Insurance
  • General
  • Government
  • Management & Remediation Activities
  • Construction
  • Information & Communication
  • Professional, Scientific & Technical
  • Administrative & Support Services
  • Education
  • Human Health & Social Work Activities
  • Arts, Entertainment & Recreation
  • Activities of Extraterritorial Organizations & Bodies
  • Power & Energy
  • Capital Market

Updated October 18, 2019