Full Repayment in 3 Years: FG Invites Nigerians To Buy Bonds and Earn, Starting Amount N5k [Video]

• The Nigerian government is inviting Nigerians to invest in two of its July bonds and has offered up to 16% interest rate
• The offer is open to every Nigerian interested in investing, and the repayment dates have been set for 2027
• President Bola Tinubu’s administration will use the funds generated to meet urgent needs and offer Nigerians a chance to save and earn

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Debt Management Office (DMO) of Nigeria, on behalf of the federal government of Nigeria, has announced savings bonds for July 2024.

According to a statement by the DMO, the offer, which opened on Monday, July 1, will close on July 5, 2024, with a settlement date of July 10, 2027.

The debt office also said …