FG offers September bonds at 12% interest

As part of the capital raising for the 2019 budget, the Debt Management Office (DMO) is offering two and three years savings bonds for the month of September at 11 percent and 12 percent interest rates respectively . The offers are expected to close Friday. This was contained in a document published on the DMO […]

FG to auction N145bn long term bonds at 14%

The Debt Management Office (DMO) will offer a 5, 10 and 30 year bond totalling N145 billion at 12.7 percent, 14.5 percent and 14.8 percent interest rates respectively. A publication by the Debt Management Office (DMO) showed the breakdown of the N145bn bond include a N40bn 5-year reopening bond that would mature in April 2023; […]

Better Tax: NESG launches Citizen Report as stakeholders chart new path for non-oil revenue

Nigeria Economic Summit Group’s Fiscal Policy Roundtable (NESG) has launched its Citizen Perception Report, a first of several research pieces to be published in support of its tax reform and advocacy vehicle “Better Tax”. Better Tax seeks to close knowledge gaps in fiscal policy and create a sustainable framework to actualise the federal government’s inclusive […]

SEC partners Pencom to deepen financial literacy

The Securities and Exchange Commission, SEC, and the National Pensions Commission, Pencom have pledged to work together to ensure more Nigerians are brought into the financial literacy net. This was disclosed in a statement by the SEC as part of the resolutions at a meeting between the |”Technical Committee” on Financial Literacy (FLTC) and Pencom […]