- Government targets retail investors with competitive savings bond rates of up to 18.443%
- High interest rates strain the private sector, with lending costs climbing to 40% in some cases
Lagos, Nigeria – The Nigerian government has rolled out its November Savings Bonds, presenting retail investors with a chance to lock in competitive returns. The two-year bond, offering 17.44%, matures on November 13, 2026, while the three-year option, at an impressive 18.443%, is due on November 13, 2027. Both bonds come with quarterly coupon payments—scheduled for February 13, May 13, August 13, and November 13—ensuring regular income for investors.
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