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

Johannesburg. Photo by Keenan Constance @ Unsplash
Why South Africa’s $925mn World Bank loan could redefine how cities borrow
Read More »
Addis Ababa, Ethiopia. Photo by Gift Habeshaw @ Unsplash
Can Ethiopia’s homegrown economic reform sustain growth or is the recovery fragile?
Read More »
Parked cars in a community. Photo by Sincerely Media @ Unsplash
Buying a used car in Morocco is exhausting - AI platform Choufli wants to fix the chaos
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