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How Is Fixed Deposit Account In Nigerian Banks? - Investment - Nairaland

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How Is Fixed Deposit Account In Nigerian Banks? by Guddy(m): 3:15pm On Aug 15, 2009
I'm thinking of opening a fix deposit account. How much interest do Nigerian banks pay and which bank is d best.
Re: How Is Fixed Deposit Account In Nigerian Banks? by tokoro: 8:59pm On Aug 15, 2009
@Goddy,
its gud u want to invest in the money market with a reliable instituition.
However,u must understand that fxd dpsit is an old investment vehicle,whose advantage is just 14-17% only.
However,it may interest u to knw that some banks hav come out with high yield investment vehicles offering as mch as 25%p.a.wit advantages like using the notes as collateral,payment of dividnds/interest in any desired currency,etc.
My bank offers ds service and id love to b yr mrketng officer as we r rwrded gr8ly 4 customers of ths facility.do cal me on 07035866823 or mail me at tony.okorodudu@yahoo.com
Re: How Is Fixed Deposit Account In Nigerian Banks? by Seun(m): 9:08pm On Aug 15, 2009
What's the name of your bank?
Re: How Is Fixed Deposit Account In Nigerian Banks? by tokoro: 1:16pm On Aug 16, 2009
Still available
Re: How Is Fixed Deposit Account In Nigerian Banks? by tokoro: 2:13pm On Aug 16, 2009
@seun,
oga,i understand ur concern on this forum.
Pls note that recent occurences in the industry wil nt permit me to divulge some information on this post.
I hav however posted my email n phn num,shld incase you want to ascertain my dtails.
Thank u 4ur concern.
Re: How Is Fixed Deposit Account In Nigerian Banks? by walestar2(m): 10:26pm On Aug 16, 2009
This T.Okoro guy can be a big time scammer.
Re: How Is Fixed Deposit Account In Nigerian Banks? by ovdot(m): 10:18am On Aug 17, 2009
If you plan on saving cash for the future or on a long term basis, Fixed/tenured Deposits offer the best options for you and your Business.
A Fixed/Tenured Deposit is an investment savings account with a defined rate and interest for a certain period of time. The rate and interest earned is fixed for the said period.Guaranty Trust Bank rate are relatively Ok. Find attached our rate guide. If you are interested kindly send a mail to cbg3plaza@gtbank.com.

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