The Debt Management Office (DMO) stated that subscription to FGN savings bonds has increased from about N100 million to over N1 billion in the last few months. This was said in an interview on Tuesday in Ibadan by Mr. Monday…
The Debt Management Office (DMO), says it is more profitable for Nigerians to invest their monies in the Federal Government of Nigeria (FGN) savings bonds than saving in banks. Patience Oniha, the Director-General of DMO said this on Tuesday in…
The Debt Management Office (DMO) is set to hold its Southwest edition of its Federal Government of Nigeria (FGN) Securities Issuance Awareness programme in Ibadan on Tuesday. This is coming after the Office held its inaugural securities awareness programmes in…
They are mostly Fixed Income Securities, which makes the borrower or issuer obliged to make payments of a fixed amount on a fixed schedule. Amongst benefits of FGN securities, according to the DMO, are that they are backed by the…
The Debt Management Office (DMO) says it recorded 1,322 successful subscriptions and N1.7 billion total allotments in its two Federal Government of Nigeria (FGN) bond offers for June. This is contained in the FGN bonds allotment result released by the…
The Debt Management Office (DMO) on behalf of the Federal government has offered for subscription N225 billion worth of FGN bonds by auction in June 2022. This is according to a disclosure published on the website of the agency. The…
The Debt Management Office (DMO) and stock broking firm for the Federal Government, CSL Stockbrokers Limited, are partnering to raise security investment awareness to Ibadan and Kano. Ifeoma Ukwunna, Head, Retail Business for CSL, made this known to journalists during…
Debt Management Office (DMO), on behalf of the Federal Government has announced the offer for subscription of the June 2022 Federal Government Savings Bond to investors. This disclosure is contained in a circular issued by the DMO and can be…
The Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to the DMO, the first one is a two-year savings bond maturing on June 15, 2024, at…
The Debt Management Office (DMO) says it is advisable for Nigerians to invest in the various Federal Government Securities, as they are profitable and risk-free. The Director-General of the DMO, Patience Oniha, said this in an interview on Tuesday in…
