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Home Economy/Technology

Securities awareness impacting ordinary Nigerians

Securities

The Matters Press by The Matters Press
May 19, 2023
Reading Time: 1 min read
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Nigeria’s N225bn bonds oversubscribed

Benin, May 18, 2023: A Stockbroker, Foluke Samuel, says the Federal Government of Nigeria (FGN) Securities Issuance Awareness Programme organised by the Debt Management Office (DMO) has been most impactful on ordinary Nigerians.

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Samuel, Lead Sales, Northern Region, CSL Stockbrokers Limited, said on Thursday, on the sidelines of the FGN Securities Issuance Awareness Programme in Benin.

The awareness programme is a collaborative effort between the DMO and CSL, which is the the stockbroking firm for the Federal Government.

According to Samuel, many more ordinary Nigerians have continued to embrace the attractive investment opportunities in FGN Securities, thereby promoting financial inclusion.

“We are here in Benin to continue to create awareness on the need for Nigerians across social classes to embrace investment opportunities in FGN Securities.

“Before now, the opportunity was opened to a segment of the society, but now it has cut across as many more ordinary Nigerians have started embracing this opportunity,” she said.

She said that the feedback from the investing public indicated the various FGN Security instruments were receiving more acceptance.

“A lot of Nigerians have been investing more in FGN Securities through the awareness that we have been creating.

The last FGN Savings Bond that was issued in May, shortly after the awareness programme in Gombe, recorded a high volume of interest from that axis,” she said.

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