Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria

Nigeria: Government securities: Treasury bills yields, Rate, Percent per annum was 16.56 in 2025. ▼ Falling

Latest (2025)
16.56
Change on year
up 3.4%
World rank
6th
of 89 countries
All-time high
24.5
in 1993
All-time low
1.63
in 2020
Years of data
35
1991–2025

Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria, 1991–2025

05101520251991200820251991: 171992: 17.91993: 24.51994: 12.91995: 12.51996: 12.21997: 121998: 12.31999: 17.82000: 15.52001: 17.52002: 192003: 14.82004: 14.32005: 7.82006: 8.92007: 6.82008: 8.22009: 3.82010: 3.82011: 9.72012: 13.62013: 10.92014: 10.52015: 9.42016: 10.12017: 13.42018: 10.12019: 9.62020: 1.62021: 2.22022: 3.62023: 4.72024: 162025: 16.6

Source: International Monetary Fund.

Analysis

The most recent figure for government securities: treasury bills yields, rate, percent per annum in Nigeria is 16.56, measured in 2025.

Compared with earlier readings it is up 3.4% on the previous year and up 76.3% over ten years.

Over the whole period, government securities: treasury bills yields, rate, percent per annum in Nigeria peaked at 24.5 in 1993 and was at its lowest, 1.63, in 2020.

Nigeria ranks 6th of 89 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 35 years of available data.

Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria, year by year

Annual values for Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria, 1991 to 2025.
Year Value Change
1991 17
1992 17.89 +5.2%
1993 24.5 +36.9%
1994 12.87 -47.5%
1995 12.5 -2.8%
1996 12.25 -2.0%
1997 12 -2.0%
1998 12.26 +2.2%
1999 17.82 +45.3%
2000 15.5 -13.0%
2001 17.5 +12.9%
2002 19.03 +8.8%
2003 14.79 -22.3%
2004 14.34 -3.1%
2005 7.83 -45.4%
2006 8.88 +13.4%
2007 6.82 -23.2%
2008 8.2 +20.3%
2009 3.79 -53.9%
2010 3.85 +1.7%
2011 9.7 +152.1%
2012 13.63 +40.6%
2013 10.85 -20.4%
2014 10.54 -2.9%
2015 9.39 -10.9%
2016 10.14 +8.0%
2017 13.41 +32.3%
2018 10.08 -24.8%
2019 9.63 -4.5%
2020 1.63 -83.1%
2021 2.17 +32.7%
2022 3.56 +64.5%
2023 4.73 +32.8%
2024 16.02 +238.5%
2025 16.56 +3.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.45 12 24.5 9
2000s 11.67 3.79 19.03 10
2010s 10.12 3.85 13.63 10
2020s 7.45 1.63 16.56 6

Countries ranked near Nigeria

  1. 3 South Sudan 20.41 compare
  2. 4 Turkey 17.72 compare
  3. 5 Angola 17.5 compare
  4. 7 Uzbekistan 16.27 compare
  5. 8 Malawi 15.84 compare
  6. 9 Kenya 15.28 compare

See the full ranking of 90 places →

More financial sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is government securities: treasury bills yields, rate, percent per annum in Nigeria?
Government securities: treasury bills yields, rate, percent per annum in Nigeria was 16.56 in 2025, according to International Monetary Fund.
What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Nigeria?
The highest recorded value was 24.5 in 1993.
What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Nigeria?
The lowest recorded value was 1.63 in 2020.
How does Nigeria rank for government securities: treasury bills yields, rate, percent per annum?
Nigeria ranks 6th out of 89 countries with data for 2025.
Is government securities: treasury bills yields, rate, percent per annum rising or falling in Nigeria?
Over the last ten years it is up 76.3%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from International Monetary Fund, published as part of Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://financial-sector.statizoid.com/stat/government-securities-treasury-bills-yields-rate-percent-per-annum/nigeria/

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About this data

Indicator
Government securities: Treasury bills yields, Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 2,932 data points, 1950–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.