The Nigerian government, via the Debt Management Office (DMO)
has asked Nigerians to subscribe to FGN savings bonds
– The DMO stated that the first is a two-year savings bond due on
June 14, 2025, and the other is due on June 14, 2026.
– It stated that the offer opened on June 3, 2023, and would be
closing on June 9, 2023
The Debt Management Office (DMO) has announced two Federal
Government of Nigeria (FGN) saving bonds for a subscription at
N1,000 per unit.
According to a statement by DMO, the offer opens on June 3, 2023,
and closes by June 9, 2023.
The DMO stated that the first offer is a two-year FGN savings bond
due on June 14, 2025, at an interest rate of 11.301% per annum.
Per the DMO, the second offer is a three-year savings bond maturing
on June 14, 2026, at an 11.301% interest rate per annum.
TheCable reports that the DMO said the coupon dates are September
14, December 14, and June 14, respectively.
DMO said:
“They are offered at N1,000 per unit subject to a maximum
subscription of N5,000 and in multiples of N1,000 after that,
subject to a maximum subscription of N50 million,” the statement
reads.
“Interest is payable quarterly, and the bullet repayment (principal
amount) is done on maturity.”
Bonds guaranteed by the Nigerian government
The debt office also stated that the latest offers have a settlement
date of June 14, 2023.
The agency also noted that the FGN savings bonds were backed by
the full faith and credit of the Nigerian government and charged upon
the general assets of the country.

It said.
“They qualify as securities in which trustees can invest under the
trustee investment act,” DMO added.
“They qualify as government securities within the meaning of the
company income tax act (CITA) and personal income tax act
(PITA) for tax exemption, pension funds, amongst other
investors.”
The office said the savings bonds are also listed on the Nigerian
Exchange Limited and qualify as liquid assets for bank liquidity ratio
calculation.
FG Offers high interest-yielding savings bond for November 2022
Legit.ng reported that the Debt Management Office (DMO) , on behalf
of the Federal Government of Nigeria, has announced the offer for a
subscription to the November 2022 Federal Government Savings
Bonds.
According to a circular by the DMO, there are two batches of
issuances, the 2-year and 3-year savings bonds, with interest rates of
12.492 per cent and 13.492 per cent.
Reports say the interest rates went up from 11.382 per cent and
12.382 per cent in October for the 2-year and 3-year Savings Bonds.

https://www.legit.ng/business-economy/economy/1538063-tinubus-government-invites-nigerians-buy-bonds-n1000-unit/
mynd44 oam4j lalasticlala seun nlfpmod FOD dominique puskin naijacutee mukina2 dominique

Good Development with Tinubu huge break even opportunities are possible.

God bless the Jagaban of Nigeria

Use your 1k and eat

Good idea.

You are not asked to hail rather to invest your money. if you you trust him that much invest your money that is when I will take you serious

ManirBK:
Good Development with Jagaban Huge opportunities are possible God bless the Jagaban of Nigeria

When you talk about effective and result-oriented leadership, Tinubu is to Lagos what Peter Obi is to Anambra.

Rastafryrice:
Use your 1k and eat

Make sure you think deeply (Ronu) while eating your future away.

To avoid story that touch.
Make una see my armpit oo

dominic17:
You are not asked to hail rather to invest your money. if you you trust him that much invest your money that is when I will take you serious

He is talking only to those who have sense

APCNig:


He is talking only to those who have sense

Invest your 1k or shutup.

How is this the president's initiative? FGN bonds has being in existence for over two decades now.

APCNig:


He is talking only to those who have sense

borrow from bank and invest , infact invite your papa make him invest his money

LeoDeKing:
When you talk about effective and result-oriented leadership, Tinubu is to Lagos what Peter Obi is to Anambra.

What about Tinubu of the Chicago drug cartel

YouandiAllofus:
How is this the president's initiative? FGN bonds has being in existence for over two decades now.

Where in the reports did you see it was a president’s initiative?

GeneralPula:

Where in the reports did you see it was a president’s initiative?

Why were they inviting Nigerians as if Nigerians were denied access to fgn bonds before now?

How can I invest

Hope it won't turn out to be like Raymond Dokpesi's fraudulent AIT.

YouandiAllofus:
Why were they inviting Nigerians as if Nigerians were denied access to fgn bonds before now?

How much have you invested since you have always known about this. Post invoices with date of investment, let’s see.

This is straight out of PBAT’s blueprint. He is methodically following same tactics he used to pull Lagos out of economic & developmental decayed state it was in before he took over as governor. Read the excerpt below:

YouandiAllofus:
Why were they inviting Nigerians as if Nigerians were denied access to fgn bonds before now?

Don’t fight this, invest in your future, it is not a religious war.

Jagungidi:


How much have you invested since you have always known about this. Post invoices with date of investment, let’s see.

This is straight out of PBAT’s blueprint. He is methodically following same tactics he used to pull Lagos out of economic & developmental decayed state it was in before he took over as governor. Read the excerpt below:

While other countries use platforms like these to generate revenue for critical infrastructural developement, here in nigeria, with the few years it has being in existence, this has proven to be just another avenue for the gov to make public money available for looting. I don't invest my money where there is no proper and transperent channel for utilization!

Nice one..... only people don't trust Nigerian government that much

No long thing here really.

We believed in Peter Obi and we funded his campaign.

Let the Ronu people invest and post screenshots. What greater way to put your money where your mouth is?

Their time starts now.

Jagungidi:

He is methodically following same tactics he used to pull Lagos out of economic & developmental decayed state

You talk big for a state that owes 20% of the total debt owed by states in Nigeria. Point to note, there are 36 states in Nigeria.

All that grandstanding and the state saw its debt stock rise at the rate of #6 billion every single month.

Make this make sense; how does a state that supposedly nets over #60 billion per month have a debt stock that keeps growing at the rate of #6 billion per month?

Either you're just quoting ink on paper or his protégés are just pilferers😂. Two truths can still co-exist.

Naso
Omo use your 1k eat o, no say them no tell u.

Bond. Token of bondage disguised.

Rastafryrice:
Use your 1k and eat

good advice but not everybody eates with their 10 fingers.

Rastafryrice:
Use your 1k and eat

Hahaha

Nice idea.

As it was in Lagos so shall it be in Nigeria as a whole. I'm in for this.

God bless our beloved President Bola Ahmed Tinubu
God bless NIGERIA

Where can i get this? I want to invest, where to go to or website?

Rastafryrice:
Use your 1k and eat

Pennywise...