News From MDA'STrending Story

Debt Management Office announces resumption of FG’s savings bond

865


Following the suspension of the monthly offer of the Federal Government Savings Bond in April, the Debt Management Office (DMO) has announced its resumption.

The offer for subscription will open on Monday, August 10, 2020 and close on Friday, August 14, according to a statement by Chinenye Onu, given to Persecondnews.

Interested members of the public are enjoined to watch for the advert of the offer for subscriptions in the various newspapers and on the DMO’s website.

The DMO said it was constrained to suspend the monthly offers of the FGN Savings Bond in April 2020 due to the restrictions on movement and lockdown in the wake of COVID-19.

“Investors are encouraged to continue saving through the FGN Savings Bond as they attract good incomes and are secure being a sovereign instrument while also contributing to national development.’’

Author

See also  Paris Club refunds: 36 states lose $418m suit against FG

Leave a comment

Related Articles

NAFDAC Aligns Systems Ahead of National Single Window Launch

The National Agency for Food and Drug Administration and Control (NAFDAC) has...

FG, IITA Partner to Train 6m Youths in Agribusiness

The Federal Ministry of Youth Development and the International Institute of Tropical...

Federal Salary Delays: MDAs Face Liquidity Issues Amid Funding Shortfalls

The Office of the Accountant-General of the Federation (OAGF) has attributed the...

Maritime Excellence: NPA Celebrates Women Thriving in High-Pressure Roles

The Nigerian Ports Authority (NPA) has commended the resilience and dedication of...