News From MDA'STrending Story

Debt Management Office announces resumption of FG’s savings bond

924


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  Indebtedness to Chinese company: FG moves to recover 3 presidential jets seized in France

Leave a comment

Related Articles

FG Pushes Unified Digital Identity System Across MDAs

By Omoyeni Ojeifo The Federal Government says it is strengthening efforts to...

Tinubu’s Reforms Reviving Mining Sector, Attracting Fresh Investments — Alake

The Minister of Solid Minerals Development, Dele Alake, on Thursday said the...

PMAWCA Day 1: Nigeria Pushes for Regional Maritime Hub Status

By Samuel Akpan Nigeria has renewed its drive to become the premier...

Major Boost for Nigeria’s Anti-Drug Fight as EU, UNODC, ECOWAS Endorse 2026–2030 Strategic Plan

By Omoyeni Ojeifo As part of measures to intensify the fight against...