What it is
Phone → Bank is where you can check your statement, pay bills and use the Naija Reserve Bank. Savings earn interest each week. Bonds lock your money for a set term and pay a return when they mature. The Reserve Bank does not offer loans; LAPO is the game's starter loan.
How to save or buy a bond
- Open Phone → Bank and scroll to the Naija Reserve Bank card.
- To save or withdraw, open the Save tab. Enter an amount or choose a quick amount, then tap Deposit or Withdraw.
- To buy a bond, open the Bonds tab, enter an amount and buy it. When the countdown ends, tap Cash in to collect your money and return. Bonds do not pay out automatically.
How to pay off LAPO early
- Tap your Sim's portrait to open the Sim panel.
- On the LAPO card, tap Pay ₦12,000 now to pay one week's amount, or tap Pay it all off twice to clear the loan.
Rules & numbers
- Savings earn 0.5% interest per week on up to ₦1bn. You need at least ₦1,000 to deposit or withdraw.
- You need at least ₦10,000 to buy a bond. A bond lasts 7 days and returns 2% over its term. You can hold up to 10 bonds, worth ₦500m in total.
- You can make up to 20 deposits and 20 withdrawals a day, and buy up to 10 bonds a day.
- Savings interest is added in whole naira, at most once a day. A bond's return rate is set when you buy it.
- The LAPO loan gives you ₦60,000, and you owe ₦72,000. LAPO collects ₦12,000 every 7 days from 10 AM. If you can't pay, a penalty of 10% of that week's payment is added.
Tips
- Savings count towards your net worth and cannot be robbed or raided.
- Bonds pay a higher return than savings, but your money is locked until the bond matures.