Fellow NLs, i have been thinking if its safe to invest in the federal govt of nigeria' bond. i have 10m which i desire to invest but am yet to decide where to invest it in. A friend and colleague told me about the FGN bond but am skeptical about it sustainability cos in time past i had lost million to the stock trading in nigeria and wouldnt want to thread the path of loss anymore.

Investment expert biko i need ur expertise counsel. thanks

I'm also interested in knowing myself

The FGN bond is safe to invest in.cos it issued and back by the federal govt of Nigeria and its asset..
You might only lose money if you liquidate before its maturity. The minimum period of the bond is 2 years/3yrs. If you need money for an emergency and you need to liquidate it , it may be a period when bond prices are down.
When interest rate raises bond prices go down . .. And vice versa

You can consider investing in money market mutual fundfund. Which is more liquid and guarantees your capital any time.
You are not tied to any particular rate , but you enjoy current rate in the market

sentoms:
The FGN bond is safe to invest in.cos it issued and back by the federal govt of Nigeria and its asset..
You might only lose money if you liquidate before its maturity. The minimum period of the bond is 2 years/3yrs. If you need money for an emergency and you need to liquidate it , it may be a period when bond prices are down.
When interest rate raises bond prices go down . .. And vice versa

Thanks a millions for the insight