Nigeria's current interest rate is 26.50%.
Some banks charge about 30%, meaning for every ₦100k borrowed, you're expected to repay ₦130k per annum.
But @OPay_NG seems not to follow this.
Dear Opay, why are you charging ₦204k on a ₦470k loan? That's almost 50%. Why?
@oladejograce@Donsyl36 Your kind of mentality is the reason Nigerian are docile and stupid, because instead holding government to account we're busy praying for some sky daddy to intervene.
@oladejograce@Donsyl36 So NEPA cutting off power was done on purpose that you would have to pray to God to touch their heart to restore it?
Is it not because of technical issues like overload?
Does it require prayers to get the government to be useful for once??