Nigeria Banks Lending Rates
January 12th, 2024

S/N	NAME OF BANK	Agriculture		Mining & Quarrying		Manufacturing		Real Estate & Construction		Oil & Gas
		Prime	Max.	Prime	Max.	Prime	Max.	Prime	Max.	Prime	Max.
1	Access Bank	22.00	28.50	-	-	22.00	28.50	22.00	28.50	22.00	28.50
2	Citi Bank Nigeria	15.50	22.50	15.50	22.50	15.50	22.50	15.50	22.50	15.50	22.50
3	Coronation Merchant Bank	22.00	24.00	9.00	9.00	9.00	25.00	16.00	20.00	12.90	23.00
4	Ecobank Nigeria	17.00	26.00	21.00	25.00	14.00	25.00	19.00	28.00	15.00	26.00
5	FCMB	17.50	45.00	17.50	-	17.50	42.00	17.50	40.00	17.50	40.00
6	Fidelity Bank	24.00	26.00	24.00	26.00	24.00	26.00	24.00	26.00	24.00	26.00
7	First Bank of Nigeria	15.26	28.00	-	-	10.95	28.00	13.57	28.00	13.46	28.00
8	FBN Merchant Bank	19.00	23.00	9.00	9.00	7.00	25.00	23.00	25.00	12.50	24.00
9	FSDH	19.00	25.00	-	-	9.00	33.50	-	-	9.85	27.00
11	Greenwich Merchant Bank	20.00	25.00	-	-	18.00	25.00	20.00	25.00	20.00	25.50
10	Guaranty Trust Bank	13.00	20.50	9.00	9.00	7.00	23.50	20.00	20.00	12.00	19.50
11	Globus Bank Ltd	9.83	23.00	9.00	9.00	18.31	27.00	16.21	24.50	17.33	25.00
12	Heritage Bank	27.00	35.00	-	-	27.00	35.00	27.00	35.00	27.00	35.00
13	Keystone Bank Ltd	31.00	36.00	31.00	36.00	31.00	36.00	31.00	36.00	31.00	36.00
14	Nova Merchant Bank	-	-	-	-	12.00	20.00	12.00	20.00	12.00	20.00
15	Optimus Bank	19.00	31.00	19.00	31.00	19.00	31.00	19.00	31.00	19.00	31.00
16	Polaris Bank	9.00	32.50	28.00	30.50	8.00	32.00	18.00	32.00	19.00	31.00
17	Premium Trust	18.00	24.00	-	-	-	-	-	-	18.00	29.00
18	Providus Bank	9.00	30.00	25.00	30.00	25.00	30.00	25.00	30.00	25.00	30.00
19	Rand Merchant Bank Nig. Ltd	-	-	-	-	1300	20.40	-	-	11.90	15.00
20	Polaris Bank	8.00	32.50	28.00	32.00	6.00	32.00	16.00	32.00	9.00	34.00
21	Signature Bank	-	-	-	-	18.00	18.00	-	-	18.00	20.00
22	Stanbic IBTC Bank	8.00	36.00	-	-	8.00	36.00	15.00	36.00	9.00	36.00
23	Standard Chartered Bank	19.00	26.00	19.00	26.00	19.00	26.00	19.00	26.00	19.00	26.00
24	Sterling Bank	18.00	33.00	18.00	30.00	18.00	30.00	18.00	30.00	18.00	33.00
25	SunTrust	18.00	9.00	-	-	18.00	18.00	7.00	10.00	18.00	14.00
26	Titan Trust Bank	-	-	--	-	23.00	30.50	23.00	27.00	23.00	30.50
27	Union Bank	19.65	33.00	19.65	33.00	19.65	31.00	19.65	33.00	19.65	33.00
28	United Bank for Africa	7.00	24.00	20.00	24.00	17.00	24.00	20.00	24.00	18.00	24.00
29	Unity Bank	9.00	33.00	26.00	33.00	26.00	33.00	26.00	33.00	26.00	33.00
30	Wema Bank	27.50	25.50	27.50	29.50	27.50	28.50	27.50	27.50	27.50	28.50
31	Zenith Bank	18.76	30.00	18.76	30.00	18.76	30.00	18.76	30.00	18.76	30.00

Lending rates for the following sectors are nto covered by the table above. The full list can be downloaded here:
Bank-Fixed-Deposit-Interest-Rates Banks Deposit and Lending Rates - November 18, 2022

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