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Nairaland Forum / Nairaland / General / Business / CBN Asks Banks To Pay Higher Interest On Savings (20390 Views)
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CBN Asks Banks To Pay Higher Interest On Savings by dre11(m): 8:56am On Aug 18, 2022 |
More money for Nigerians as CBN asks banks to pay higher interest on savings The rate has been revised from 10 per cent to 30 per cent of the Monetary Policy Rate (MPR). By Ayodeji Adegboyega https://www.premiumtimesng.com/news/headlines/549232-more-money-for-nigerians-as-cbn-asks-banks-to-pay-higher-interest-on-savings.html
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Re: CBN Asks Banks To Pay Higher Interest On Savings by Omihanifa: 8:58am On Aug 18, 2022 |
Inflation will still wipe the interest away 88 Likes 5 Shares |
Re: CBN Asks Banks To Pay Higher Interest On Savings by NaijaRoyalty(m): 8:59am On Aug 18, 2022 |
Who takes CBN serious 58 Likes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Candidlady: 9:02am On Aug 18, 2022 |
How much interest Only God can help the poor 9 Likes 1 Share |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Nobody: 9:03am On Aug 18, 2022 |
Fraudulent activities and societies. 14 Likes 2 Shares |
Re: CBN Asks Banks To Pay Higher Interest On Savings by thesicilian: 9:04am On Aug 18, 2022 |
Remove your money from the bank, they'll never pay you the interest you deserve. 66 Likes 7 Shares |
Re: CBN Asks Banks To Pay Higher Interest On Savings by chariisGRACE(m): 9:43am On Aug 18, 2022 |
Why do I feel like CBN is mocking me and other common Nigerians? No be who get money dey save? 63 Likes 4 Shares |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Akinsete19(m): 10:57am On Aug 18, 2022 |
A higher interest rate that inflation has destroyed. After receiving the interest rate, the bank will debit you for alert, atm maintenance, and Federal govt electronic transfer levy. In the end, you will be running your account at a loss. 65 Likes 4 Shares |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Risingblue008(m): 10:58am On Aug 18, 2022 |
I don't know what they are saying But I think I'll support them 5 Likes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by ATEAMS: 10:58am On Aug 18, 2022 |
Oyyana 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Grassroott(m): 10:58am On Aug 18, 2022 |
hmmm issokay |
Re: CBN Asks Banks To Pay Higher Interest On Savings by phemmyjohnson: 10:59am On Aug 18, 2022 |
Nonsense! only for you to get the interest on your savings to pay ransom for our forest leaders . 4 Likes 1 Share |
Re: CBN Asks Banks To Pay Higher Interest On Savings by inoki247: 10:59am On Aug 18, 2022 |
ok where the more money hope say no be all doz give 5 naira debit 20 naira as account maintenance una dey call more money nd making money to become useless nd loose more value 2 Likes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Authoreety: 10:59am On Aug 18, 2022 |
Bank will embezzlecbnwn nd 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by maasoap(m): 10:59am On Aug 18, 2022 |
Banks like First Bank dey pay something like 1-2% on saving account, imagine that! 3 Likes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by pyyxxaro: 10:59am On Aug 18, 2022 |
Mmmsshheewww Pro Max |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Nobody: 10:59am On Aug 18, 2022 |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Alexas58: 10:59am On Aug 18, 2022 |
How does this beat inflation? Isn’t this a deliberate attempt to devalue the naira as the prices of things will still be bought at a high price. I’m open to new knowledge tho 2 Likes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by GardenOfGod(m): 11:00am On Aug 18, 2022 |
Lies.... Don't be deceived. This government is a joke. 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by AMAUCHESKY(m): 11:00am On Aug 18, 2022 |
[center][/center]fools.. Fools Fools What can I buy in the market with the interest? I love my wife 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by SKIBiNSKI(m): 11:00am On Aug 18, 2022 |
Higher interests on savings? Whata joke! people are struggling to afford basic food commodities and these goons are talking about saving. You can only save when you have extra, people don't even have enough let alone save. How much high taxes will they be charged on their interests? Tiffs! 5 Likes 1 Share |
Re: CBN Asks Banks To Pay Higher Interest On Savings by fortune1894(m): 11:00am On Aug 18, 2022 |
No b who get extra money Dey save... 4 Likes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by kennytay: 11:00am On Aug 18, 2022 |
Make all of us go dey save for "kolo" be dat |
Re: CBN Asks Banks To Pay Higher Interest On Savings by dallyemmy: 11:01am On Aug 18, 2022 |
Incentive to encourage saving. 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by apache22b: 11:01am On Aug 18, 2022 |
This is as a result of the meeting he had with Tinubu .. Better days ahead for us all in this Country when Tinubu assumes office . We shall enjoy the true dividends of democracy 3 Likes 1 Share |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Abilistic(m): 11:01am On Aug 18, 2022 |
Ironically, it's still the poor masses that bear the burden. All in the name of : SMS charges USSD charges ATM maintenance Withholding tax Account maintenance fee Transfer/deposit charges ETC 3 Likes |
Re: CBN Asks Banks To Pay Higher Interest On Savings by onuman: 11:02am On Aug 18, 2022 |
In response, banks will increase their charges for ATM cards maintenance, increase charges for money transfers, increase charges on text messages to customers. It's hard to find other countries where banks charge depositors for the transactions named above. 5 Likes 1 Share |
Re: CBN Asks Banks To Pay Higher Interest On Savings by TOPCRUISE(m): 11:02am On Aug 18, 2022 |
Banks are very smart. They know how to collect it back 1 Like |
Re: CBN Asks Banks To Pay Higher Interest On Savings by SKIBiNSKI(m): 11:02am On Aug 18, 2022 |
People are not leaving their monies anymore in naigerian banks, all these kangaroo banks will shut down soon. |
Re: CBN Asks Banks To Pay Higher Interest On Savings by Stevenson20: 11:02am On Aug 18, 2022 |
Buhari useless policies turned most Nigerians to beggars. Before his advent, Nigerians were comfortable but right now most manage to eat a meal per day. Na who get money go save in this useless dispensation 3 Likes |
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