All the bankers on NL have been laid off, they r now looking for work. Try posting it in job section, th3y will respond.

http://www.suncorpbank.com.au/investing/term-deposits/calculator use the link to calculate. However given that the term deposit rate for the period is on the average 8% you should earn about 65k for the 6 months period less 10% Vat at maturity. So u collect N10,065,000

osile2012:
Was having an argument and a friend said its not wise fixing money in Nigerian banks, that the interest makes no sense. So Please bankers in the house, How much will 10 Million naira generate as interest if fixed for 6 months ?.

You better forget about fixed deposit and go for treasury bill. Imagine what that amount is going to give you if you invest in T.bill with an interest rate of 12%(I.e 10000000*12/100=1.2m/2=N600,000- that's a lot if you ask me......