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Current Fixed Deposit Rate In Nigerian Banks - Investment - Nairaland

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Current Fixed Deposit Rate In Nigerian Banks by ithink7: 4:34pm On Nov 27, 2020
Please does anyone know what the current rate for fixed deposit is in Nigerian banks, specifically Zenith bank.
If you put 1m in fixed deposit for 3 months, how much are you likely to get in return?
Re: Current Fixed Deposit Rate In Nigerian Banks by SavageResponse(m): 4:49pm On Nov 27, 2020
ithink7:
Please does anyone know what the current rate for fixed deposit is in Nigerian banks, specifically Zenith bank.
If you put 1m in fixed deposit for 3 months, how much are you likely to get in return?

The current deposit rate is less than 9%

If you fix N1 million for 3 months you will get an interest that is less than 20K.

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