FG Announces Two Savings Bonds

The Federal Government of Nigeria has announced the issuance of two savings bonds, offering citizens a unique opportunity to invest in the country's development while earning a return on their investment. These bonds are designed to be risk-free, backed by the full faith and credit of the federal government, making them an attractive option for individuals and businesses looking for a safe and secure investment.

The two savings bonds have different maturity periods, with one maturing in 2 years and the other in 3 years, offering investors flexibility in their investment choices. The interest rates for these bonds are 17.483% per annum for the 2-year bond and 18.483% per annum for the 3-year bond, providing a decent return on investment.

To invest in these bonds, individuals and businesses can subscribe through the FGN Savings Bond Subscription form, which is available online. The minimum investment amount is ₦5,000, while the maximum investment amount is ₦50,000,000, making it accessible to a wide range of investors.

The Federal Government's decision to issue these savings bonds is a great way to encourage citizens to invest in the country's development, while also providing a safe and secure investment option. 

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