Search

Interest on Nigerian Savings Bonds Soars as Monetary Policy Tightens

Allen dreyfus Logo
© Allen Dreyfus
  • Interest rates on Nigerian savings bonds have surged more than sevenfold in four years
  • Current offers stand at 17.414% for two-year bonds and 18.414% for three-year bonds

 

Lagos, Nigeria – Interest paid on Nigerian savings bonds has dramatically increased over the past four years, with rates rising more than sevenfold in some cases, according to data from the Debt Management Office.

Recent Business

Image of oil refinery at night across the sea. Photo @Unsplash
Oil, inflation and mining: Is South Africa losing its cost advantage?
Read More »
Houmt Souk, Tunisia. Photo by Ondrej Bocek @ Unsplash
Tunisia inflation steadies at 5% - relief or a pause before renewed price pressures?
Read More »
Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
Hidden debt, rising risk: a look at Nigeria and Senegal’s swap gamble
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »

Latest Posts

Latest news insights