Airopay woos Nigerian savers with 20% interest rates as it eyes payment market

L-R: Richard Mofe-Damijo, Airopay Brand Ambassador; Chief Tony Amaechi; Hon. Friday Ossai Osanebi, Chairman, Airopay; Charles Oyakhilome, Managing Director/CEO, Airopay; Emeka "E-Money" Okonkwo, Dr Kennedy Okonkwo, CEO, Nedcomoaks Limited and Dr Chima Anyanso, Managing Director, Ceecon Energy Oil and Gas Limited during the official launch of Airopay App in Lagos on Tuesday.

Amidst fallen interest rates on bank deposits and negative treasury bills returns, Airopay, a digital banking provider, is offering users a 20 percent interest rate when they save on the platform for three months. The 20 percent offer is part of the company's Save for Christmas Promo and it is ar

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Frank Eleanya

Senior Analyst: Technology