NEWS: Nigerian government announces two savings bond offers

Nigerian government announces two savings bond offers

Nigerian government through the Debt Management Office has announced two savings bond offers.

The first one is a two-year bond that pays 17.23 percent of interest per annum and ends in January 2027.

The second is a three-year bond that pays 18.23 percent of interest each year and ends in January 2028.

This was contained in DMO’s recent notice, noting that two savings bonds have some special features.

They are tax-free under both company and personal tax laws.

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