FAQs About Sky Capital

Got questions about our business? products or services? here is our frequently asked question .

What does Sky Capital do?

Sky Capital is a financial insitution and a member of Sifax Group conglomerate which has presence in the oil and gas, aviation, logistics, maritime and haulage industries. We offer a range of superior financial solutions including loans, savings, investment, financial advisory and insurance brokerage. Our companies are in Nigeria, Guinea, Gambia and Sierra Leone.

Is Sky Capital a registered company?

Sky Capital and Financial Allied Int’l Ltd is registered with RC number 1567711.

Where is Sky Capital located?

Our office is at 10, Anifowoshe Street, Off Adeola Odeku, Victoria Island, Lagos, Nigeria.

Can I save money and get interest?

Yes, you can through our Fundbeta savings scheme.

What is FundBeta?

FundBeta is a micro savings scheme where savers can save daily, weekly or monthly and receive monthly interest at 5% per annum. Daily, weekly and monthly savers automatically qualify for loans up to double their savings if they save for three, four and six months respectively without breaking* (Terms and conditions apply). A FundBeta account can be opened with just N5, 000 (Five thousand naira only).

Is there a minimum or maximum amount that should be saved on FundBeta?

There are no limits to deposits made to your FundBeta account. However, an initial deposit of N5, 000 is required to successfully open a FundBeta account

When can I withdraw my money from my FundBeta account?

Savers can withdraw their money anytime they wish to. However, savers are encouraged to save for at least three, four or six months if they are saving daily, weekly or monthly respectively without breaking to qualify for double their savings in loans*. (Terms and conditions apply)

How much is the interest rate for FundBeta savings account?

FundBeta savings account attracts an interest rate of 5% per annum.

Are there any hidden charges on my FundBeta account I should know about?

There are no hidden charges for FundBeta.

What is the investment plan like?

We offer investment opportunities for different tenors ranging from 30, to 60, to 90, to 180 and to 360 days. Interest rates depend on amount fixed and fixing period- the higher the amount fixed, the higher the interest rate and the longer the fixing period, the higher the interest rate. Please contact 07025002871 if you need more details.

What happens if interest rates change whilst my money is fixed? Will the new rate, higher or lower, affect my funds?

The interest rate at which the funds were fixed will apply in this case. However, if investors choose to re- invest at the end of the initial tenor, the new rates will apply. In exceptional circumstances, the company will let savers and investors know if a new rate will apply to existing savings accounts and current investments.

How can I get my money or returns when I need it?

You will be asked to provide your bank account details when you register. This account will be credited whenever you request for your money. You may also share new or preferred account details when you ask for your money.

What is the minimum investment?

Investments starts from N1, 000, 000 (One million naira only).

What is the minimum amount I can take in loans?

We give loans starting from N50, 000.

What is the interest rate for loans?

Interest rate for loans ranges from 2.5%- 3%.

What kind of loans do you offer?

We offer various types of loans including personal loans, business loans and employee loans amongst others.

How can I reach a customer service representative?

You can send a mail to info@skycapitallimited.com. Alternatively, you can call or chat via Whatsapp on 070- 2500- 2871 between Mondays to Fridays, from 8am to 5pm.

What other products and services does Sky Capital offer?

We offer Eurobonds, FGN Bonds, treasury bills and trade services through our Finance house, Everden Financial. We also offer insurance brokerage services through our insurance brokerage company, Trusted Risk Managers (TRM) Insurance Brokers Limited.

Got more questions?

our dedicated customer experience representative will be happy to provide more information or clarifications