CBN releases interest rate on Savings Accounts with Nigerian commercial and merchant banks

Latest data published by the Central Bank of Nigeria (CBN) shows that the Nigerian banking industry (NBI) pays its customers an average interest rate of 5.32% on savings in their bank accounts. The figures released on its website capture deposit rates across 31 commercial and merchant banks. Commercial Banks’ average interest rate on customers’ deposit […]

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Alleged commercial sex worker’s body found by the roadside in Edo State (Photos)

The lifeless body of a young woman identified as Peace Precious, alleged to be a commercial sex worker has been discovered by the roadside in Upper Mission Extension, around Imuetinyan Junction, Benin, Edo State. According to reports, residents of the area claimed they heard a noise around 4a.m., around where the body was found and only heard “Please, […]

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