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interest rate

Government

CBN Sets Minimum Interest Rate On Savings Deposits To 1.25%

Inah Emmanuel | News Reporter - Sep 1, 2020

The Central Bank of Nigeria, CBN, has directed deposit money banks in Nigeria not to pay less than 1.25% in interest rate on savings...

Business

FirstBank Issues $450 Million Eurobond

ThisDay - Jul 21, 2014

FirstBank of Nigeria Limited has successfully issued a $450 million tier-2 Eurobond, THISDAY learnt at the weekend. The debt instrument with a seven-year tenor...

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Daily Inspiration, Cariol Horne speaks during the WNY Women’s March on Saturday, Oct. 17, 2020 in Buffalo, N.Y. | Derek Gee/The Buffalo News via AP

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