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N60m Savings Race: Banks Fight for Ilebaye’s Attention After BBNaija Victory



N60m Savings Race: Banks Fight for Ilebaye's Attention After BBNaija Victory

N60m Savings Race: Banks Fight for Ilebaye’s Attention After BBNaija Victory

After her stunning 120 million Naira win at the Big Brother Naija (BBNai). This news has sparked a flurry of reactions across the nation, with Nigerians taking to social media to voice their views. But why this sudden interest by the banks? What’s at stake? This article seeks to unravel the underlying factors motivating this rush by banks and offers insights into the public sentiment.

“Let’s save N120m for you,” ushered bank representatives across various platforms, provoking diverse reactions from Nigerians. From sharp-witted jests to serious financial advice, the conversation around Ilebaye’s win has taken a new, intriguing turn.

This unanticipated interest from financial institutions follows Ilebaye’s victory on Nigeria’s highly rated reality TV show, BBNaija. The star-studded finale, which saw Ilebaye walking away with a grand prize of 60 million Naira, has set tongues wagging, igniting a nationwide discourse. 

A breakdown of the reactions reveals a mixed bag of sentiments. Let’s delve into the fascinating perspectives shared by Nigerians:

Banks invites Ilebaye to save with them

One of the financial institutions, Piggyvest, was the first to fire a shot, asking Ilebaye to save half of her BBNaija prize money with them.

Piggyvest said if Ilebaye invests N60 million in the bank, they would guarantee her over N7.5 million as a return on investment over a period of one year. Piggyvest said this was more than 12% interest.

But while quoting the tweet, another financial institution, Fairmoney, said they could offer Ilebaye more interest if she saved half of the BBNaija prize money with them.

Fairmoney said they will offer her over N12.5 million as interest, which is 23% for a year.

See the tweets below:

Reactions as banks fight for Ilebaye’s attention

Ilebaye won the BBNaija All Stars show, going home with a whopping N120 million. Nigerians have reacted differently to the offers being made by the banks.

@kingsbenson_ said:

“This is looking interesting. Never heard of FairmMoney before. Make I go download the app now.”

@bruno_nwogu said:

“Wait, is this for real? How is it possible?”

@jae65ive commented:

“I dey wait make Opay put head here.”

@demithacreator said:

“First, with the current state of the naira, not too advisable. 2nd, what type of investments exactly does Piggyvest use in generating returns because 10%+ guaranteed sounds like a whole lot.”

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