The Debt Management Office (DMO) has announced the opening of the Federal Government’s August savings bond offer to investors, stating that the offering will close on August 6. The DMO, in a circular posted on its website on titled ‘FG savings bond offer for subscription August, 2021’ indicated that the offering was for two-year and […]
Tag: DMO Director General – Patience Oniha
TUC Cautions FG Over Rising Public Debt Stock
Trade Union Congress (TUC) has warned the Federal Government against increasing the nation’s indebtedness to unmanageable level, saying that excessive borrowing has negative wealth transfer implications for millions of Nigerians. The union gave the warning in a Sallah message jointly signed by its National President, Mr. Quadri Olaleye and the Secretary General, Mr. Musa-Lawal Ozigi. […]
DMO Opens FG Savings Bonds’ Subscription At N1,000 Per Unit
The Debt Management Office (DMO) has offered for subscription two years and three years Federal Government Savings Bonds at N1,000 per unit. A circular published on DMO’s website indicated that the two years bond with Feb. 10, 2023 as due date would attract an interest rate of 4.214 per cent per annum while the three-year […]