Moniepoint Microfinance Bank has partnered with Nollywood actress and filmmaker Funke Akindele to launch a new savings campaign aimed at encouraging Nigerians to improve their financial preparedness.
The campaign, tagged “One Step Ahead,” is designed to help customers build financial resilience and better prepare for unexpected expenses.
As part of the initiative, Moniepoint has introduced an expanded range of savings products that gives customers greater flexibility while allowing them to earn interest on their funds.
The Managing Director of Moniepoint Microfinance Bank, Babatunde Olofin, said the new savings options were created to address common challenges faced by customers and give them easier access to their money when needed.
The products include Target Savings, Flexible Savings, Fixed Deposit and Save As You Transact.
Under Target Savings, customers can make one withdrawal of up to 50 per cent without losing their accrued interest.
Flexible Savings allows customers to make up to four withdrawals each month without forfeiting interest.
The Fixed Deposit option offers customers upfront interest at rates of up to 17.5 per cent per annum, while Save As You Transact allows customers to save automatically as they spend, with unrestricted access to their funds.
Moniepoint said the campaign will use Funke Akindele’s strong public profile, particularly her popular Jenifa brand, to promote a stronger savings culture and encourage Nigerians to stay financially prepared.
