The Nigerian Stock Exchange has listed the first series of the Federal Government of Nigeria savings bond maturing March 2019. The savings bond, the first of its kind in Nigeria, was opened to investing public by way of offer for subscription over a five-day offer period starting from March 13, 2017 to March 17, 2017, […]
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As part of the Federal Government’s efforts to mobilise funds locally to fund its budget deficit, the Nigerian Stock Exchange (NSE) yesterday approved the listing of N2.067 billion Federal Government of Nigeria (FGN) Savings Bond on its Lagos floor. Chief Executive Officer of the NSE, Oscar Onyema, who approved the listing when a team from […]
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The Federal Government will today sell the first tranche of its newly introduced Federal Government of Nigeria Savings Bond (FGNSB). The minimum subscription for the FGNSB has been fixed at N5, 000 while the maximum subscription for the new security is fixed at N50 million. The Debt Management Office (DMO), which oversees issuance of Federal […]
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