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FG hikes Savings Bonds rates to hunt for more retail investors

… begins auction of September 2019 FGN Savings Bonds

Following two consecutive months of abysmal subscription levels in the Federal Government of Nigeria (FGN) Savings Bonds on the back of reduced interest rates, the government has raised, for the first time in 4 months, its proposed rates for September 2019 Savings Bonds. This is in a move to boost retail participation at the Savings…



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