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Nairaland Forum / Nairaland / General / Business / CBN Asks Banks To Pay Higher Interest On Savings (20309 Views)
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Re: CBN Asks Banks To Pay Higher Interest On Savings by Macgyver1: 12:00pm On Aug 18, 2022 |
UBA doesn't give me any interest. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by tctrills: 12:19pm On Aug 18, 2022 |
dre11:You are destroying the economy. Businesses would have to pay incredibly high rates for loans. People would prefer to safe up money in the banks than invest into the economy. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by pat077: 12:19pm On Aug 18, 2022 |
What about fix deposit and treasury bills? 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by AlexB300: 12:46pm On Aug 18, 2022 |
Omihanifa:it is contractionary monetary policy. It’s meant to encourage savings and reduce borrowing. E go help reduce money in circulation. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Ijaya123: 12:51pm On Aug 18, 2022 |
onuman: Banks have no power to do this without CBN consent. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Nobody: 1:05pm On Aug 18, 2022 |
How realistic is this, do Nigerians have money to put in the banks? Has the dollar to naira rate fallen below 300 naira? Thrash, they re just looking for money. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Deeprooted: 1:45pm On Aug 18, 2022 |
This is the first economic policy targeted at curbing inflation by the evil administration. How will this curb inflation? Basic economics made us understand that one of causes of inflation is so much amount of money chasing few goods. Lecture postponed until further notice... Make ASUU strike end fes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by kafeii123: 2:06pm On Aug 18, 2022 |
una sha want to stimulate savings....yet you allow exchange rate to keep galloping. I wonder how long you want to keep doing this sha..... punishing the poor for the rich's flamboyance |
Re: CBN Asks Banks To Pay Higher Interest On Savings by porthouse7(f): 3:00pm On Aug 18, 2022 |
Akinsete19:they now realize Nigerians are now saving in dollars, is just a of enticing us to save in local currency again 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Hassanmaye(m): 3:00pm On Aug 18, 2022 |
phemmyjohnson:Hahahhahahaha |
Re: CBN Asks Banks To Pay Higher Interest On Savings by snitchbitch: 4:00pm On Aug 18, 2022 |
Hope Termites won't eat our money? |
Re: CBN Asks Banks To Pay Higher Interest On Savings by amaechi185: 4:30pm On Aug 18, 2022 |
hmmm issokay .at a cheaper price dm me for your logo and flyer designhmmm issokay .at a cheaper price dm me for your logo and flyer design... |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Wwwq: 5:46pm On Aug 18, 2022 |
Never trust a failed government |
Re: CBN Asks Banks To Pay Higher Interest On Savings by bjtinz: 5:54pm On Aug 18, 2022 |
AlexB300: That's the issue. Is our inflation caused by too much money in circulation? (which decrease in rates might help) Or rather the spiralling cost of production, rampant insecurity and dollar scarcity issues? ( For which this decision will have little or no effect) |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Amodi470(m): 6:41pm On Aug 18, 2022 |
Abegi.. Shift lemmi pass
|
Re: CBN Asks Banks To Pay Higher Interest On Savings by AlexB300: 8:16pm On Aug 18, 2022 |
bjtinz:the latter. That’s why this policy will have little or no effect. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Exodora: 7:31pm On Aug 21, 2022 |
I don’t get this from Ecobank but you see my Union bank na God go destroy their network service, every now and then they keep deducting. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Ugmama(m): 8:06pm On Aug 21, 2022 |
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