interest rate on savings deposit

Why Interest Rate on Savings Deposit Was Cut to 1.25%—CBN

September 10, 2020

By Dipo Olowookere On September 1, 2020, the Central Bank of Nigeria (CBN) in a circular signed by its Director of Banking Supervision, Mr

September 1, 2020

By Dipo Olowookere The minimum interest rate to be paid by deposit money banks (DMBs) in Nigeria to their customers for deposits has been