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Nigeria Launches High-Yield Savings Bonds Amid Inflation and Rising Interest Rates

Lagos, Nigeria. © Pixabay
  • 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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