Nigeria Deposit Interest Rate

Nigeria · Monthly series · EC-NG-DIR

Latest, April 2026

9.2%

-2.19pp from March 2026

Open interactive chartNigeria Deposit Interest Rate in the app

16.579.1971.824May 2016April 2027
History through April 2026, the forecast path to April 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for April 2027: 9.3%, with an 80% interval of 2.1% to 16.0%.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
May 20269.2%7.6%11.2%
June 20269.2%6.8%11.9%
July 20269.2%5.1%13.4%
August 20269.1%1.8%16.6%
September 20269.1%5.0%13.2%
October 20269.1%5.3%12.8%
November 20269.2%3.3%14.6%
December 20269.2%5.2%12.9%
January 20279.2%3.2%14.7%
February 20279.2%3.5%14.6%
March 20279.3%3.1%14.9%
April 20279.3%2.1%16.0%

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-15.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+1%Matches the no-change baseline over 12 tests (12 tests, 6 won)
Direction
52%No clear edge over a coin flip (75 of 143 calls right in 12 tests)
Turning points
8 of 64Anticipated some turns (64 turns in 12 tests, 0 without a turn)
Error vs baseline
1% lowerError ratio 0.99; 1.00 is a tie.
Tests won
6 / 12Complete rolling backtests; ties count as no win.
Test period
2014-05-01 to 2026-04-0112 observations ahead per test.
80% band coverage
81%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 58% of the 119 earlier readings since May 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
April 20269.2%
March 202611.4%
February 202611.8%
January 202612.0%
December 202511.8%
November 202510.8%
October 202511.3%
September 202512.3%
August 202511.1%
July 202510.9%
June 202510.8%
May 202510.2%
April 202511.4%
March 202511.2%
February 202511.5%
January 202512.0%
December 202411.6%
November 20249.5%
October 202411.7%
September 202412.1%
August 202414.4%
July 202415.2%
June 202412.1%
May 202411.3%

Source

Data: public market data feeds.

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