| Institution | Interest rate | Minimum amount | Minimum Tenor |
|---|---|---|---|
 | 6.94% | ₦100,000 | 1 Month |
 | 13.00% | ₦250,000 | 6 Months |
 | 17.11% | ₦100,000 | 1 Month |
 | 9.20% | ₦100,000 | 1 month |
 | 5.00% | ₦100,000 | 3 Months |
 | 12.90% | ₦100,000 | 1 Month |
 | 9.50% | ₦10,000 | 1 Month |
 | 7.55% | ₦100,000 | 1 Month |
 | 10.00% | ₦100,000 | 1 Month |
 | 16.00% | ₦100,000 | 1 Month |
 | 14.42% | ₦200,000 | 1 Month |
 | 9.30% | ₦500,000 | 1 Month |
 | 16.55% | ₦50,000 | 1 Month |
 | 17.95% | ₦100,000 | 1 Month |
 | 1.00% | ₦100,000 | 1 Month |
 | 8.00% | ₦100,000 | 1 Month |
 | 10.00% | ₦100,000 | 1 Month |
 | 6.92% | ₦100,000 | 1 Month |
| | |||
Bank Deposit
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Bank Deposit
Fixed deposits in Nigeria is a type of savings account which lasts for a set period of time. It earns you a higher rate of interest for setting aside your savings for a longer period of time.
