Interest spread, which is the difference between interest rate on loans and deposits reached 7.14% in second quarter of 2015 in Nigeria, according to the National Central Bank. This is 4.08% less than in the previous quarter.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Nigeria reached an all time high of 13.5% in 4Q1993 and an all time low of 1.67% in 2Q2008.
Nigeria has been ranked 36th within the group of 101 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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