CBN Raises Savings Interest Rates to 4.2% - THEWILL NEWS MEDIA

8/16/2022 12:00:00 AM2 years 8 months ago

August 16, (THEWILL) - The Central Bank of Nigeria (CBN) has ordered banks in Nigeria to pay savings deposit accounts an interest rate of at least 4.2%, an increase from the 1.4% previously received. This was contained in a circular dated August 15, 2022, tit…

August 16, (THEWILL) – The Central Bank of Nigeria (CBN) has ordered banks in Nigeria to pay savings deposit accounts an interest rate of at least 4.2%, an increase from the 1.4% previously received.… [+2523 chars]

full article...