Someone said that the bank's interest rates are too poor, I laugh. Greedy Nigerians will say interest rates of commercial banks are too poor and then go on and invest into shady schemes promising them 30% ROI. They get duped and they come back online crying scam. Have you ever asked yourself how these investment houses generate their funds to be able to pay you such interest? Truth is, good number of them are scam houses.once they're ousted, they rebrand themselves and come out with more mouth watering offers to fleece unsuspecting people of their hard earned cash.

This is the reason why promoting such investments will not be allowed on the forum yet some people will ignore the rules and go on to post about them. We will not hesitate to issue lenghty bans to anybody that deliberately decides to go against the rules. Let's be guided.

thank you for the advice

Thanks Dominique!!

Tell them truth!

anisalome:
I would rather invest my money in pure water distribution business than to fix it even if the interest rate is 10%

this business template gives a good understanding of the pure water distribution business

http://www.talkasset.com/how-to-start-up-a-bottle-water-or-sachet-water-distribution-business-in-nigeria/

Can we do this pure water dostribution biz? I have a van and the capital . Email me ASL331@YAHOO.COM

strong766:
so is it calculated as thus; 3.5%*600000 or 3.5%*50,000 compounded for 12 months.

is this rate monthly or yearly

please i want to know if the interest is monthly or yearly