• About Us
  • Terms & Conditions
  • Contact Us
Thursday, June 8, 2023
Investogist
No Result
View All Result
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Bolt, Uber drivers, others begin nationwide strike, demand 200% increment in fares

    Bolt, Uber drivers, others begin nationwide strike, demand 200% increment in fares

    U.S knew of Ukraine’s plan to attack Nord Stream pipeline – Media Report

    U.S knew of Ukraine’s plan to attack Nord Stream pipeline – Media Report

    VACANCY: Egbin Power Plc is recruiting into several positions

    VACANCY: BudgIT Nigeria is hiring across 13 states

    NGX suspends trading in the shares of four listed companies

    Fuel Subsidy: NLC, TUC suspend planned nationwide strike after meeting with FG

    Court grants Peter Obi’s request to access sensitive materials used by INEC

    Peter Obi’s Counsel tenders more evidence from eight states

    Federal High Court fines Festus Keyamo over SPV “frivolous” lawsuit

    Federal High Court fines Festus Keyamo over SPV “frivolous” lawsuit

    BREAKING: Trump’s VP Mike Pence joins the race for US President

    BREAKING: Trump’s VP Mike Pence joins the race for US President

    NNPC says no plan to increase petrol price in March

    Private companies to begin importing fuel before end of June – Mele Kyari

    Fuel Subsidy: NLC absent as FG, TUC agree on wage increase for workers to cushion impact

    Fuel Subsidy: NLC absent as FG, TUC agree on wage increase for workers to cushion impact

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Details of 2023 Budget parameters, revenue estimate, expenditure, fiscal balance

    2023 Budget: List of most expensive Zonal Intervention Projects by FG, states with highest allocation

    How to obtain foreign currency from Teller Points at Bank branches

    We did not devalue Naira – CBN

    How to obtain foreign currency from Teller Points at Bank branches

    CBN Devalues Naira to 630/US$1 at the I&E Window – Reports

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    BREAKING: CBN raises interest rate to 18.5% amid rising inflation

    JUST IN: Nigeria’s inflation rate hits 19.64% – highest since 2005.

    Inflation rate hits 22.22% in April, highest in 14 years

    Telcos kick as FG plan 12.5% call tax

    FG re-introduces 5% excise duty on telecom services in new fiscal policy

    Headline Inflation in Nigeria rose to 22.04% in March

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI declined by 0.03% as Union Bank loses 8.86%

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI Declined by 0.03%, as volume traded declined by 18.87%

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond interest rates slide in June

    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    The NGX- ASI gained 5.22% on bullish performance

    FY 2020: Unilever Nigeria Plc remains in loss despite revenue growth

    The NGX- ASI increased by 0.48% as Unilever gained 9.70%

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI increased by 0.35% despite negative market sentiment

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Gained 0.31% as NB rose another 9.63%

    FY 2020: Nigerian Breweries Plc reports 54.3% decline in profit

    The NGX- ASI Increased By 0.36% as NB rises 9.97%

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Lasaco Assurance Plc to pay Dividend of 15 kobo to Shareholders for 2022 FYI

    Lasaco Assurance Plc to pay Dividend of 15 kobo to Shareholders for 2022 FYI

    Equities Market Recorded Gains… As NGX-ASI Grows Marginally By 0.02%

    BUA Cement Plc gets $500 million loan facility from IFC and partners

    FBN Holdings Plc announces 50 kobo final Dividend for 2022 Financial Year

    FBN Holdings Plc announces 50 kobo final Dividend for 2022 Financial Year

    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Breaking: NNPC releases statement on fuel price adjustment

    Breaking: NNPC releases statement on fuel price adjustment

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Seplat extends, revises Mobil Producing Nigeria purchase deal

    Zenith Bank’s Board of Directors approve payment of final dividend for 2022

    Zenith Bank Directors acquired 17.78mn shares of the bank

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Bolt, Uber drivers, others begin nationwide strike, demand 200% increment in fares

    Bolt, Uber drivers, others begin nationwide strike, demand 200% increment in fares

    U.S knew of Ukraine’s plan to attack Nord Stream pipeline – Media Report

    U.S knew of Ukraine’s plan to attack Nord Stream pipeline – Media Report

    VACANCY: Egbin Power Plc is recruiting into several positions

    VACANCY: BudgIT Nigeria is hiring across 13 states

    NGX suspends trading in the shares of four listed companies

    Fuel Subsidy: NLC, TUC suspend planned nationwide strike after meeting with FG

    Court grants Peter Obi’s request to access sensitive materials used by INEC

    Peter Obi’s Counsel tenders more evidence from eight states

    Federal High Court fines Festus Keyamo over SPV “frivolous” lawsuit

    Federal High Court fines Festus Keyamo over SPV “frivolous” lawsuit

    BREAKING: Trump’s VP Mike Pence joins the race for US President

    BREAKING: Trump’s VP Mike Pence joins the race for US President

    NNPC says no plan to increase petrol price in March

    Private companies to begin importing fuel before end of June – Mele Kyari

    Fuel Subsidy: NLC absent as FG, TUC agree on wage increase for workers to cushion impact

    Fuel Subsidy: NLC absent as FG, TUC agree on wage increase for workers to cushion impact

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Details of 2023 Budget parameters, revenue estimate, expenditure, fiscal balance

    2023 Budget: List of most expensive Zonal Intervention Projects by FG, states with highest allocation

    How to obtain foreign currency from Teller Points at Bank branches

    We did not devalue Naira – CBN

    How to obtain foreign currency from Teller Points at Bank branches

    CBN Devalues Naira to 630/US$1 at the I&E Window – Reports

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Senate sits on Saturday, increases Ways and Means borrowing from 5% to 15%

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    BREAKING: CBN raises interest rate to 18.5% amid rising inflation

    JUST IN: Nigeria’s inflation rate hits 19.64% – highest since 2005.

    Inflation rate hits 22.22% in April, highest in 14 years

    Telcos kick as FG plan 12.5% call tax

    FG re-introduces 5% excise duty on telecom services in new fiscal policy

    Headline Inflation in Nigeria rose to 22.04% in March

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI declined by 0.03% as Union Bank loses 8.86%

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI Declined by 0.03%, as volume traded declined by 18.87%

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond interest rates slide in June

    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    The NGX- ASI gained 5.22% on bullish performance

    FY 2020: Unilever Nigeria Plc remains in loss despite revenue growth

    The NGX- ASI increased by 0.48% as Unilever gained 9.70%

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI increased by 0.35% despite negative market sentiment

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Gained 0.31% as NB rose another 9.63%

    FY 2020: Nigerian Breweries Plc reports 54.3% decline in profit

    The NGX- ASI Increased By 0.36% as NB rises 9.97%

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Lasaco Assurance Plc to pay Dividend of 15 kobo to Shareholders for 2022 FYI

    Lasaco Assurance Plc to pay Dividend of 15 kobo to Shareholders for 2022 FYI

    Equities Market Recorded Gains… As NGX-ASI Grows Marginally By 0.02%

    BUA Cement Plc gets $500 million loan facility from IFC and partners

    FBN Holdings Plc announces 50 kobo final Dividend for 2022 Financial Year

    FBN Holdings Plc announces 50 kobo final Dividend for 2022 Financial Year

    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    First Bank’s parent company reports N136.3bn profit for 2022, to pay dividend

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Nigerian Breweries presented offer to acquire Chamdor and Amarula producer

    Breaking: NNPC releases statement on fuel price adjustment

    Breaking: NNPC releases statement on fuel price adjustment

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Oando kicks-off test of electric vehicles for mass transportation in Lagos

    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Seplat extends, revises Mobil Producing Nigeria purchase deal

    Zenith Bank’s Board of Directors approve payment of final dividend for 2022

    Zenith Bank Directors acquired 17.78mn shares of the bank

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Markets

DMO offers 2-year and 3-year FGN Savings Bond for subscription

Wednesday, 7 April 2021, 5:40 am
in Markets, Rates & Bonds
0
DMO offers 16.3% rate FGN bond
Share Share Share Share Send as Email

The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria offers 2-year and 3-year FGN Savings Bond for subscription The bonds are offered at different interest rates.

FGN Savings Bond is backed by the full faith and credit of the Federal Government of Nigeria and are charged upon the general assets of Nigeria.

The DMO offers:

  • 2-Year FGN Savings Bond due April 14, 2023: 5.522% per annum
  • 3-Year FGN Savings Bond due April 14, 2024: 6.522% per annum

Key Dates

  • Opening Date: April 6, 2021;
  • Closing Date: April 9, 2021
  • Settlement Date: April 14, 2021
  • Coupon Payment Dates: July 14, October 14, January 14, April 14

Units of sale –N1,000 per unit subject to a minimum subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50,000,000

  • Read: Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion
  • Visit Investogist’s homepage for more articles

The interests are payable quarterly, with a bullet repayment of the principal on maturity date.

Bond Status:

  1. Qualifies as securities in which trustees can invest under the Trustee Investment Act.
  2. Qualifies as Government securities within the meaning of Company Income Tax Act (“CITA”) and Personal Income Tax Act (“PITA”) for Tax Exemption for Pension Funds amongst other investors.
  3. Listed on the Nigerian Stock Exchange.
  4. All FGN Bonds qualify as liquid assets for liquidity ratio calculation for banks.

Interested investors should contact offices of any of the following Primary Dealer Market Makers (PDMMs): Access Bank Plc, First Bank of Nigeria Ltd, Standard Chartered Bank Nigeria Ltd, Citibank Nigeria Ltd, First City Monument Bank Plc, United Bank for Africa Plc, Coronation Merchant Bank Ltd, FSDH Merchant Bank Ltd, Zenith Bank Plc, Ecobank Nigeria Ltd, Guaranty Trust Bank Plc, FBNQuest Merchant Bank Ltd, Stanbic IBTC Bank Plc.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • DMO offers 2-year and 3-year FGN Savings Bond for subscription
    DMO offers 2-year and 3-year FGN Savings Bond for…
  • DMO offers N150 billion FGN bond for subscription in addition to FGN savings bond
    DMO offers N150 billion FGN bond for subscription in…
  • FG Offers 11.20% Per Annum 7-Year Sukuk for Subscription
    FG Offers 11.20% Per Annum 7-Year Sukuk for Subscription
  • FGN Savings Bond for December opens for subscription
    FGN Savings Bond for December opens for subscription
Previous Post

P+ Measurement Services rolls out media intelligence solution for the PR industry

Next Post

Presco Plc Board of Directors propose N2 bn as dividend for 2020

Next Post
List of Dividends announced in 2021, qualification and payment dates

Presco Plc Board of Directors propose N2 bn as dividend for 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2023, qualification and payment dates

List of jobs Belgium is seeking to fill with foreign workers

List of jobs Belgium is seeking to fill with foreign workers

VACANCY: Egbin Power Plc is recruiting into several positions

VACANCY: BudgIT Nigeria is hiring across 13 states

Lasaco Assurance Plc to pay Dividend of 15 kobo to Shareholders for 2022 FYI

Lasaco Assurance Plc to pay Dividend of 15 kobo to Shareholders for 2022 FYI

David Moyes’ West Ham United wins UEFA Europa Conference League

David Moyes’ West Ham United wins UEFA Europa Conference League

Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

The NGX- ASI declined by 0.03% as Union Bank loses 8.86%

Lionel Messi to lose €1.7mn after PSG suspension

Lionel Messi to join US Inter Miami

Bolt, Uber drivers, others begin nationwide strike, demand 200% increment in fares

Bolt, Uber drivers, others begin nationwide strike, demand 200% increment in fares

Investogist
info@investogist.com

Follow us

Categories

  • Africa
  • Agriculture
  • Arts & Culture
  • Budgets
  • Business
  • Columnists
  • Commodities
  • Companies
  • Cryptocurrencies
  • Economic Data
  • Economy
  • Editorials
  • Financial Education
  • Football
  • Forex
  • Industry
  • Investogist Business Saturday
  • Job Opportunities
  • Markets
  • Nature
  • News
  • Nigeria
  • Op-ed
  • Opinion & Analysis
  • Places & People
  • Policies
  • Rates & Bonds
  • Sports
  • Stocks/Equities
  • Technology
  • Travel & Tours
  • Vacancies
  • World

Quick Links

  • News
  • Economy
  • Markets
  • Business
  • Opinion & Analysis
  • Travel & Tours

Newsletter

Copyright © 2023 investogist.com, All Rights Reserved

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us
No Result
View All Result
  • Home
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies

Copyright © 2023 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist