Browsing Tag

rate

Interest rates are at an ALL-TIME Low: What to do?

We are in a time where interest rates in Nigeria are being reviewed and slashed daily. Last week, a leading Nigerian bank offered its clients 3% for an investment of over N200m (two hundred million naira). As if that is not ridiculous enough, this came with a caveat stating the 3% given can be further slashed if the situation becomes worse.
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