Naira Vault Investment
Explainer on how the Naira vault works
The Naira Vault is a Naira investment option available only to Nigerians. It allows you to invest for as little as one month and up to five years.
Wed, 26 Feb, 2025 at 1:39 PM
To create a Naira Vault, follow these steps: Log in to the app> Click on Wallet> Select NGN Wallet> Click on Create New Vault> Name your vault ...
Wed, 26 Feb, 2025 at 8:56 AM
Returns are paid based on the investment amount with the following rates: 15% per annum for investments below ₦500,000 18% per annum for investments betw...
Wed, 26 Feb, 2025 at 2:33 PM
No, funds locked in the Naira Vault cannot be accessed until the maturity date.
Wed, 26 Feb, 2025 at 2:29 PM
Returns are credited to your Naira Wallet on the 1st day of each month. You can choose to re-invest the returns by topping up your Vault investment or withd...
Wed, 26 Feb, 2025 at 2:32 PM
Yes, you can withdraw funds from your Naira Wallet at any time. Withdrawals can be made to a linked bank account or transferred to the USD wallet on the Ris...
Tue, 8 Jul, 2025 at 7:12 PM
There is a 10% withholding tax charged on every interest earnings. This tax is deducted monthly before payouts.
Tue, 2 Sep, 2025 at 9:30 AM
No, funds in your Naira Wallet do not earn interest.
Tue, 8 Jul, 2025 at 7:13 PM
You can choose to lock your funds in the Naira Vault for periods ranging from 30 days to 5 years, depending on your financial goals.
Tue, 8 Jul, 2025 at 7:21 PM
Returns are credited to your Naira Wallet on the 1st day of each month. You can choose to reinvest the returns by topping up your Vault investment or withdr...
Wed, 13 Aug, 2025 at 4:44 PM