FG Expands Investment Access With Two New Savings Bonds
In a continued effort to diversify Nigeria’s funding sources and deepen retail participation in the financial markets, the Debt Management Office (DMO), on behalf of the federal government, has announced the issuance of two new Federal Government of Nigeria (FGN) Savings Bonds. The move is part of a broader macroeconomic strategy to enhance financial inclusion […]
Read MoreDMO Launches FGN Savings Bonds With 17.48%, 18.48% Annual Interest Rates
The Debt Management Office (DMO) has launched two new Federal Government of Nigeria (FGN) Savings Bonds, offering Nigerians an attractive investment opportunity with competitive interest rates. These bonds, backed by the full faith and credit of the federal government, aim to provide a secure and profitable option for individual and institutional investors alike. According to […]
Read MoreFGN Savings Bonds Open For September With Interest Rates Up To 18.20%
The Debt Management Office (DMO) of Nigeria has announced the opening of subscriptions for the Federal Government of Nigeria (FGN) savings bonds for September 2024. The subscription period began today, September 2nd, and will last for five days, ending on September 6th. The bonds offer attractive interest rates, with the two-year savings bonds available at […]
Read MoreNigerian Capital Market In View Of Its Potential Growth
As Nigeria celebrates 25 years of uninterrupted democratic governance, financial market experts took stock of the local capital market’s evolution and growth prospects. Despite notable achievements since 1999, including a 14.06 percent annual compound growth in market capitalisation, stakeholders believe the market has yet to fully exploit its potential for capital formation. Historical Perspective and […]
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