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deposit money

CBN Pegs Savings Deposit Rates at 1.25%

The Nigerian mother-bank CBN has greeted all Nigerian deposit money banks with a new directive. On 1st September 2020, the Central Bank of Nigeria (CBN) instructed all banks in Nigeria not to negotiate interest on savings accounts below 1.25% of the deposit. RELATED POSTS: OPAY FLEXIFIXED – MAKE 14% ON ONE INVESTMENT! As seen on the CBN

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