N36 Trillion Kept by Nigerians in Banks and Low Yielding Assets

Data reveals that N36 trillion is kept in banks and low yielding assets by Nigerians. Despite an increase in Nigeria’s inflation rate that rose to 12.82%, deposit rates, fixed deposit rates, and risk-free rates such as treasury bills have been driven to 6% per annum.  Nigerians Keep N36 Trillion in Banks and Low Yielding Assets … Continue reading N36 Trillion Kept by Nigerians in Banks and Low Yielding Assets