Nigeria's leading finance and market intelligence news report.

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…

Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.