• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, August 29, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Ordinary Nigerians deserve to be part of financial system

DMO

The Matters Press by The Matters Press
June 27, 2022
Reading Time: 1 min read
0
DMO releases bonds issuance calendar

The Debt Management Office (DMO) says ordinary Nigerians (retail investors) also deserve a chance to operate in the financial market and part of the system in Nigeria.

RELATED POSTS

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

Tinubu succeeding where Obasanjo failed woefully, says TMSG

Mr Monday Usiade, DMO’s Director, Market Development Department, said on Monday in Kano when he spoke against the backdrop of the Federal Government of Nigeria (FGN) Securities Issuance Awareness Programme, organised by the DMO and CSL Stockbrokers Limited, scheduled for Tuesday in the ancient city.

DMO has held similar programmes in Lagos, Enugu and Ibadan

Usiade said that the need to encourage Nigerians in the lower echelon of society to also imbibe the culture of fixed-income investment was what informed the awareness programme.

“We will educate the people of Kano about what we do to raise money for the country.

“We will also educate them of the immense benefits they will get if they invest in FGN securities,’’ he said.

He listed the existing FGN securities as FGN Bond, FGN Savings Bond, Treasury Bills, FGN Green Bond, the Sovereign Sukuk and Eurobond.

According to Usiade, the product that is specifically designed for the benefit of retail investors is the FGN savings bond.

“That one will be of particular interest to them because for as low as N5, 000, they can subscribe, and it is subject to a maximum subscription of N50 million.

“It opens on a monthly basis, and the interest rate, which is usually between eight per cent and ten per cent, is paid quarterly.

“The principal sum is paid on maturity of the investment, which could be two or three years,’’ he said.

He said that the awareness programme had received encouraging responses from the places where it had held, while urging the people of Kano not to be left out of the “golden opportunity’’.

Tags: DMOFinance
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Next Post
Nigeria showcases minerals to woo investors

Lull in solid minerals sector causes concerns

Nigeria disburses N56bn to MSMEs

Nigeria commits to support MSMEs

Recommended Stories

Smuggling evil in West Africa

NEXIM to disburse $1b to Nigerian exporters

December 22, 2018
Nigeria’s deal with Siemens on electricity supply, discard generators

Nigeria’s deal with Siemens on electricity supply, discard generators

August 3, 2022
Al-Shabaab profits from smuggling charcoal

FCT residents worry over high cost of coal, firewood

July 11, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals
  • ‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient
  • Tinubu succeeding where Obasanjo failed woefully, says TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us