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Nairaland Forum / Nairaland / General / Investment / Whats The Current Fixed Deposit Interest Rate For Nigerian Banks (43388 Views)
Finally !!!fixed Deposit Interest Rate That Can Compete With Treasury Bills / Fixed Deposit Vs Treasury Bills: Which Pays Better? (2) (3) (4)
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Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by fkj950ax(m): 8:58am On Jan 26, 2017 |
queendoreez: I am with you on this. Properties in that axis extremely overrated. Most of the projects are elephant projects. Those that deliver "eventually" use the worst materials in the market, you'd have to change everything yourself. I recommend TBills. It's the most secured investment option around now, and you can get part of your earnings in advance... That's great. 5 Likes 1 Share |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by Nobody: 9:00am On Jan 26, 2017 |
For how many months pls?... |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by fkj950ax(m): 9:01am On Jan 26, 2017 |
bettercreature: Dude grow up. There is no tax that's 2% in Nigeria. You probably mean bank charges. Post the form or source of the 2% if you have paid such ever. 2 Likes |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by helovesme(f): 9:04am On Jan 26, 2017 |
Cation: I agree. The ARM money market fund makes a whole lot of sense. What I like the most is its flexibility. Minimum investment if I remember correctly is 1k. This means I can put into the fund any spare cash I have (the odd 50k here, 200k there, etc) knowing fully well it would yield interest and I do not have to wait for an auction date or "make a bid" as it is the case with treasury bills. As with treasury bills, you can also select the option of reinvesting any accured interest. I can also withdraw the funds anytime I want and withdraw any amount I want. Usually takes them 48hours to action any request. 2 Likes |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by Ayoola171(m): 9:07am On Jan 26, 2017 |
queendoreez: Have you been to that place in person, are you aware of the Dangote refinery going on to be completed by 2018; the largest in West Africa, are you aware of Trade zone Center(of international Standard) also going on over there, do you also know about International Airport to be constructed by Lagos State government in that same Ibeju-Lekki ? So many opportunities in Ibeju-Lekki. I can tell you convincingly that; if you can give it a trial, Ibeju-Lekki is a place to be. 1 Like |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by bettercreature(m): 9:07am On Jan 26, 2017 |
fkj950ax:You need to shut up i have money in those 2 banks and its not a problem to post it here,they charge 2 percent of the interest accrued every month as tax Modified its more than 2% it looks like they deducted 2% of out 13 remaining 11% And 2% out of 10 remaning 8% |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by toldnhead: 9:13am On Jan 26, 2017 |
Premium Microfinance bank in PH give 10% per annual |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by fkj950ax(m): 9:22am On Jan 26, 2017 |
bettercreature: Stop behaving like Donald Trump. Intelligently make your point. Don't ask people to shut up because they have a different opinion from yours. Make your point and convince them. You still haven't posted the "evidence". Please post it 5 Likes |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by ndcide(m): 9:24am On Jan 26, 2017 |
queendoreez: Please I'd like to know why |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by Xano(m): 9:27am On Jan 26, 2017 |
kunlef1: Thank you |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by Boyooosa(m): 9:29am On Jan 26, 2017 |
kaz4sure:But somebody says its an 'economics in the book'. can u prove him/her wrong/right? Thanx. |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by prestige2013: 9:31am On Jan 26, 2017 |
What is the minimum amount and tenor u can invest in Treasury Bill and ARM funds? |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by atirolu(m): 9:36am On Jan 26, 2017 |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by Youngzedd(m): 9:37am On Jan 26, 2017 |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by helovesme(f): 9:43am On Jan 26, 2017 |
prestige2013: ARM market fund - I remember correctly, minimum amount is 1,000 or 5,000 naira. Please check their website for a copy of their prospectus. No minimum tenor. However, there is a small penalty if you cash out within 30 days of your investment. Treasury bills - 90days, 180 days or 365 days. Minimum investment varies from bank to bank. Averagely it's around 100,000 naira. |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by xpool(m): 9:46am On Jan 26, 2017 |
queendoreez:LOL |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by xpool(m): 9:57am On Jan 26, 2017 |
adex79:Who you think say e go contact you for that kind thing, why not go and borrow money and do your own export. People are genuinely afraid to invest in credible institution how much more through people. Yes there are fraudsters everywhere. Fixed deposit and Treasury bills don do us, at least bank and government dey involved. The best investment is the one you can do and you don't loose your capital when it comes to the worst disappointment. 6 Likes |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by xpool(m): 10:01am On Jan 26, 2017 |
bettercreature:That was harsh! Just explain to him if you know better. Small time now una go begin call una selves ipod and Igbo, zombie and wailer. 1 Like |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by sexyboocalher(f): 10:08am On Jan 26, 2017 |
I put 2million in first bank for one month and got 7,215... I went crazy on dem! Anyways, that's past cos me sef don sharp! Mumsy would give me 500k, I give her 12k weeekly or 50k monthly for 14 months...I am better than BANKS! |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by odimbannamdi(m): 10:08am On Jan 26, 2017 |
psalmsjob: Can we chat? |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by eezeribe(m): 10:12am On Jan 26, 2017 |
Ermacc: Don't mind the guy,he is saturated with theory.., He knows nothing about treasury bills in Nigeria 1 Like |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by tibro(m): 10:12am On Jan 26, 2017 |
Contact me for private loan business which will yield between %10 to 20% per month with a money back guarantee on the coll act aral. 08030482872 |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by psalmsjob: 10:13am On Jan 26, 2017 |
odimbannamdi: Yes, probably! |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by onlysam01: 10:14am On Jan 26, 2017 |
ProvidusBank does 13.5% for 100k to 1M, 14% for 1M to 5M. For higher figures u can get a higher rate depending on ur negotiation with treasury... NB: d bank is one of the newly licenced commercial banks in Nigeria...they currently have about 5branches... You don't need to open an account to do FD... You can check their website for their closest address...or reply me for directions |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by tibro(m): 10:15am On Jan 26, 2017 |
tibro: 08030482872.
|
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by Cation(m): 10:16am On Jan 26, 2017 |
helovesme:you have said it all,thanks for the buttress. 1 Like |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by tibro(m): 10:22am On Jan 26, 2017 |
[quote author=tibro post=53141126][/quote] 08030482872 |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by Nobody: 10:31am On Jan 26, 2017 |
queendoreez: pls don't fixed again . let do business or invests it |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by blithe: 10:35am On Jan 26, 2017 |
Cation:Hey Bro can I have your email address or WhatsApp contact please...I want to ask some questions |
Re: Whats The Current Fixed Deposit Interest Rate For Nigerian Banks by bettercreature(m): 10:36am On Jan 26, 2017 |
fkj950ax:You reserve the right to tell people to shut up when they are saying what they knows nothing about That is 2 different banks and the money are still there till this moment cc xpool MKO4ever Attachment deleted for security reasons .... |
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