Investment Apps

How to Invest Idle Money: Beginner’s Guide to Earning Interest Safely

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An illustration showing how to invest in Nigeria Dollar Income Fund on InvestNaija App

If your savings account earns little or no interest, you’re missing an opportunity to grow your wealth. Inflation reduces the value of idle cash over time, but you can protect and grow your money by choosing safe and interest-bearing investment options. This guide explains how to invest idle money through Mutual Funds, Treasury Bills, and … Read more

Nigerian Banks Offering Over 15 Percent Interest Rates on Fixed Savings Accounts

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Opay savings interest

In Nigeria’s banking sector, where traditional commercial banks often provide fixed savings interest rates between 3% and 7%, savers looking for higher returns have options among licensed fintech platforms. These institutions, regulated by the Central Bank of Nigeria (CBN) and covered by the Nigeria Deposit Insurance Corporation (NDIC), offer fixed savings products with rates starting … Read more