INVESTING 101

I remember when I started echoing the Federal Government of Nigeria (FGN) Savings Bond in some of my Investment Boot camps and Seminars in 2017.

I am glad some of my mentees took bold steps by investing in this investment opportunity despite the fact that some of them took the risk, while some of them invested for the sake of their children.

Here is another opportunity for you to take advantage of. This is no story. It’s real.

Although I am not paid for promoting this stuff, I’m only doing this to help as many as possible to gain financial freedom through reliable investment channel.

It’s never too late to start building your investment portfolio, and this is one of the avenues of doing so.

The game is still winnable – #TonyRobbins

By investing in bonds, you’re lending money either to a company (buying corporate bonds) or to a government (buying treasuries).

I know a lot of questions have been rolling in your mind about the so-called FGN SAVINGS BOND. Never mind. Let me walk you through some tips about it.

This retail investment programme was launched by the Debt Management Office (DMO) of Nigeria, on behalf of the Federal Government of Nigeria, to help enhance the savings culture among Nigerians while providing all citizens irrespective of income level, an opportunity to contribute to National Development; as well as the comparatively favourable returns available in the capital market.

FGN Savings Bond is safe and backed by the credit of the Federal Government of Nigeria, with quarterly coupon payments to bondholders.

How Does This Work?

1. You need a minimum subscription of N5,000 with additions in multiples of N1,000; subject to a maximum of N50,000,000
2. A fixed coupon will be paid quarterly to investors.
3. Bond tenors will range from 2 – 3 years tenor.
4. It will be issued on a Monthly Basis through an Offer for Subscription.
5. A monthly offer will be open for 5 days from the date of the announcement.

What Do I Stand To Gain?

1. The interest income from the Savings Bond is TAX-FREE.
2. The bondholder enjoys coupon or interest on a quarterly basis which is paid directly to your bank account
3. This is an avenue for you to plan and save towards your personal projects. You can even do it in your child’s or children’s name.
4. FGN Savings Bonds are liquid as Secondary Market trading which is available on the Nigerian Stock Exchange (NSE) platform.
5. The FGN Savings Bond is acceptable as collateral for loans.
6. It could be tender as supporting document at the embassy for visa application.
7. It offers guaranteed returns and encourages financial inclusion.

How To Invest
Investors are to subscribe through Dealing Members of the NSE accredited by the DMO to act as Distribution Agents.

NOTE: Deadline for the submission of Bid forms is 5pm Thursday, February 7th, 2019. Check this link – https://www.dmo.gov.ng/fgn-bonds/savings-bond/2697-february-2019-fgn-savings-bond-offer-for-subscription to apply

You can contact Taiwo Balogun on +2347036091342 (WhatsApp only) for advice on this.