CBN Releases 2026 Savings Interest Rates for Nigerian Banks
The Central Bank of Nigeria has published the latest savings account interest rates. Discover which banks offer the highest returns and how the market averages 8% in 2026.
Category : Search result: average savings deposit Nigeria
NAHCON's 20-Year Milestone: A Call for Hajj Sector Reform
As NAHCON marks 20 years, experts urge a shift from pilgrimage management to strategic economic planning. Nigeria's untapped Hajj & Umrah sector holds potential for billions in halal exports and job creation. The time for action is now.
DMO Offers 15.396% Rates on 2026 Savings Bonds
The DMO has opened subscriptions for FGN Savings Bonds with rates up to 15.396% p.a. Learn key details, subscription dates, and why this is a safe investment for Nigerians.
Nigeria's Average Family Size: 4.8 Children Per Woman
New data shows Nigeria's fertility rate is declining to 4.8 children per woman, but major regional gaps persist. Explore the economic, cultural, and educational factors shaping family size across Africa's most populous nation.
Aptech Nigeria Launches AI Career Program with Internships
Aptech Nigeria launches a new AI Career Program offering tech skills, paid internships, and pathways to international degrees. Learn how to apply for this job-ready training.
Woman Saves N2,500 Daily on OPay, Reveals Total After 50 Days
A Nigerian lady's disciplined savings plan of N2,500 daily on OPay for 50 days yielded a specific sum. She explains why the total was less than expected. See her story and netizens' reactions.
Man saves N700 daily on OPay for a year, shows result
A Nigerian man known as Cruise Daddy disciplined himself to save N700 every day on OPay for a full year without withdrawals. See the total amount he accumulated and his motivational message on the power of consistent saving.
Nigerian Lady Laments OPay's N4k Interest on Yearly Savings
A Nigerian entrepreneur saved N1,000 daily on OPay throughout 2025, expecting substantial interest. She was shocked to receive only N4,000. Read her story and see expert reactions.
New Cash Withdrawal Limits & Fees for Nigerian Bank Customers
Nigerian banks like Access, UBA, GTB enforce new CBN cash withdrawal limits from Jan 1, 2026. Weekly limits set at N500k for individuals, N5m for corporates, with fees for excess. Details inside.
Banks Begin 10% Tax on Dollar Deposits
Nigerian banks implement a 10% withholding tax on foreign currency deposit interest from Jan 1, 2026. Learn how this new tax law affects your dollar account and who is exempt.
German Bank Heist: £30M Gold Stolen Over Christmas
Thieves executed a sophisticated heist on a German bank vault over Christmas, stealing £30 million in gold and valuables. Details of the 'Ocean's Eleven'-style robbery revealed.
NAICOM: No Extension for Insurance Recapitalisation
NAICOM insists the July 30, 2026, recapitalisation deadline is fixed by law. NDIC says remitting 50% of earnings to govt hampers its Deposit Insurance Fund growth. Read the full details.
NDIC Reaffirms Fiscal Compliance, Seeks Stronger Capacity
NDIC reaffirms strict adherence to fiscal regulations while seeking exemption from a 50% cost-to-income policy to build a robust fund for protecting depositors. Learn about the strategic talks with MOFI.
CBN Announces New Cash Withdrawal, Deposit Rules for 2026
The Central Bank of Nigeria has revised its cash withdrawal and deposit policies, effective January 1, 2026. Learn the 5 major changes, including new limits and fees.
U.S. Visa Ban Threatens Nigeria-US Air Travel, Airlines Warn
Nigeria's aviation sector braces for a sharp drop in passenger traffic as U.S. visa restrictions take effect January 2026. Experts warn of economic fallout for airlines and travel agencies. Read more.
SERAP Sues Governors Over ₦14trn Subsidy Funds
SERAP drags Nigeria's 36 governors and FCT Minister Wike to court, demanding transparency on ₦14 trillion fuel subsidy savings. Will justice prevail?
Nigeria's Climate: From 27°C Average to 45°C Extremes
Explore Nigeria's diverse climate zones, from Lagos's humid coast to Maiduguri's scorching heat. Learn about rising temperatures, regional patterns, and practical adaptation strategies for 2025 and beyond.
Trump Orders US Strikes on ISIS in Nigeria
US President Donald Trump announced deadly military strikes against ISIS terrorists in Northwest Nigeria on Christmas, citing attacks on Christians. Read the full details.
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
Man's Viral Self-Tribute Before Death Highlights Nigeria's Healthcare Failures
A Nigerian man's heartbreaking self-tribute before dying from a heart condition has gone viral, exposing demands for N2m deposits by Lagos hospitals and a failing healthcare system. Read his full story.
Lady Saves ₦1k Daily for Rent, Now Doubles to ₦2k
A Nigerian lady's disciplined saving method of ₦1,000 daily to pay her ₦350k rent goes viral. With rent now ₦600k, she plans to double her daily savings. See her inspiring story and netizens' reactions.
Activist Dies After Hospital Strike, Writes Own Obituary
Kingsley Aneke's tragic death highlights Nigeria's healthcare crisis. His self-penned obituary blames hospital strikes and upfront payment demands. Read his powerful final plea for change.
Lady Reaches PiggyVest Payday After Saving for Rent All Year
A Nigerian woman shares her joy online after successfully saving for rent throughout 2025 using PiggyVest. Despite a change of plans for the funds, she celebrates the financial discipline achieved.
FG Targets N2b Savings as MDAs Go Paperless
The Federal Government projects over N2 billion savings in 2026 through digital workflows. MDAs face a paperless deadline, cutting stationery costs and boosting transparency. Read more.
Lady Saves N50k Daily on Piggyvest, Shows Interest
A Nigerian woman's story of saving N50,000 daily on Piggyvest and the interest she earned has sparked massive reactions online. Discover her strategy and the public's response.
Beetles Block Europe's Biggest Rare Earths Mine
Plans to mine Europe's largest rare earth deposit in Norway face delays over environmental fears for endangered beetles and mosses. Discover the clash between green energy goals and conservation.
How the Average Nigerian Makes a Living
Discover how most Nigerians survive through multiple income streams, informal jobs, and creative hustle. Learn about real salaries, from ₦70K minimum wage to MTN's high pay.
Lady saves money in 9 piggy boxes for 2025
A Nigerian woman's impressive savings discipline went viral after she displayed cash saved in nine piggy boxes from January to December 2025. See the amazing results!
Lady displays huge cash saved in box, gives advice
A Nigerian lady's TikTok video showcasing a large sum of money she saved in a container has gone viral, inspiring netizens with her financial discipline. See her story and reactions.
N577bn Pension Disbursement Brings Relief to 1.05M Retirees
Nigeria's PenCom has disbursed N577.26 billion to over 1.05 million Retirement Savings Accounts, clearing major pension arrears. Read how this impacts retirees and the pension system.
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