Investment Comparator
Compare any two Nigerian investment instruments side by side. Same amount, same period — see rates, total returns, tax, liquidity and risk at a glance.
Returns use annual compound interest. WHT is applied to gross returns per Nigerian tax law. Dollar Fund returns are USD-denominated — naira equivalent depends on forex.
Treasury Bills 364d earns ₦11.8K MORE after tax over 12 months.
FGN Savings Bond (2yr)
2 Years · Federal Govt of Nigeria
Annual Rate Applied
14.72%
₦147.2K
14.72%
Exempt
₦147.2K
Treasury Bills 364d
364 Days · CBN / FGN
Annual Rate Applied
17.66%
₦176.6K
17.66%
₦17.7K
₦158.9K
Growth Projection Over 12 Months
Projected total portfolio value (principal + compound returns). ₦1.00M invested in each instrument.
Full Side-by-Side Comparison
| Attribute | FGN Savings Bond (2yr) | Treasury Bills 364d |
|---|---|---|
| Annual Rate | 14.72% | 17.66% |
| Total Return (₦) | ₦147,160.00 | ₦176,600.00 |
| WHT | 0% | 10% |
| WHT Deducted (₦) | ₦0.00 | ₦17,660.00 |
| Net Return (₦) | ₦147,160.00 | ₦158,940.00 |
| Net Return % | 14.72% | 15.89% |
| Liquidity | Quarterly | At Maturity |
| Min Investment | ₦5,000 | ₦50,000 |
| Credit / default risk | Very low | Very low |
| Backed by | Federal Govt of Nigeria | CBN / FGN |
| Tax Status | Exempt (NTA 2025) | Taxable — 10% WHT |
Quick Recommendations
Best for Short-term (< 1 yr)
NTBs — highest short-term sovereign yield; very low credit risk (10% WHT applies since Oct 2025).
Best for 2–3 Year Goals
FGN Savings Bond — tax-exempt quarterly coupons, government-backed.
Best for Daily Liquidity
Money Market Fund — redeem any business day, competitive yield around 22%.
Best for Diaspora / FX Hedge
Dollar Fund — USD returns protect against naira depreciation.