Naira Vault Investment

Explainer on how the Naira vault works

What is the Naira Vault?
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
How do I create Naira Vault on Rise?
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
What are the expected returns on the Naira Vault?
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
Can I access my funds in the Naira Vault before the maturity date?
No, funds locked in the Naira Vault cannot be accessed until the maturity date.
Wed, 26 Feb, 2025 at 2:29 PM
When are returns from the Naira Vault paid?
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
Can I withdraw funds from my Naira Wallet?
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
Are there any fees charged on the Naira Vault?
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
Can I earn interest on the Naira Wallet?
No, funds in your Naira Wallet do not earn interest.
Tue, 8 Jul, 2025 at 7:13 PM
How long can I lock my funds in the vault?
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
When are returns from the Naira Vault paid?
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