Which bank has the best fixed deposit rates as at now?

First Bank?
GTBank?
Eco Bank?

Try union bank. brand new

AllBusiness:
Which bank has the best fixed deposit rates as at now?

First Bank?
GTBank?
Eco Bank?

look at my signature..
learn about treasury bills today..

thats what banks do with your fixed deposits

AllBusiness:
Which bank has the best fixed deposit rates as at now?

First Bank?
GTBank?
Eco Bank?

like someone has suggested, instead of fixed deposit why not treasury bills or even savings bonds. there is a thread dedicated to such on NL, search for it

learn about treasury bills and earn 17+% per annum not 7% on fixed deposits
www.nairaland.com/878880/

GTB told me that one year fixed deposit for N5m is 9%. Nawa O!

AllBusiness:
GTB told me that one year fixed deposit for N5m is 9%. Nawa O!

na so na...
mugu will give them..they invest it in t-bills and earn 17+%...you know the rest..lol

RealityShot:
na so na...
mugu will give them..they invest it in t-bills and earn 17+%...you know the rest..lol

What is t-bill

Nigerdcritics:



What is t-bill

Treasury bills

miredia:
Treasury bills

Please o, how those treasury bills work ,is it risk free ? Enlighten me pls

please this percent thing is confusing let say i invest 3million naira every 90day i will 3hundrend thousand pls correct me

Gud

wisemanj:
please this percent thing is confusing let say i invest 3million naira every 90day i will 3hundrend thousand pls correct me

nope! if you invest 3milion at the rate of 10%, your interest will be calculated as;

10/100 X 3,000,000 = 300,000 then divide that 300,000 by 12months to give 25,000. now multiply 25,000 by 3 to give you 75,000naira but witholding tax will still be deducted from your interest

RealityShot:
na so na...
mugu will give them..they invest it in t-bills and earn 17+%...you know the rest..lol

Treasury bills are no longer earning this much and I heard if your capital is large, banks give a really good interest on fixed deposit.

Jethrolite:
Treasury bills are no longer earning this much and I heard if your capital is large, banks give a really good interest on fixed deposit.

kontinu

RealityShot:
kontinu

Continue to where?

Jethrolite:
Continue to where?

in your preferred choice

So guys, recently i stumbled across a gold mine... A fixed deposit that seems very competitive compared to most i've seen.
Almost thought it was a scam... But its d truth . For more details you can reach me on 08052296606 - Samuel. Here's the rate guide for the Bank.

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