Nigeria Offers Investors September Savings Bonds at Record 16.5%

ABUJA, Nigeria – The Federal Government of Nigeria (FGN) has opened subscription for its September 2025 savings bonds, offering rates as high as 16.541% per annum.

According to the Debt Management Office (DMO), investors can choose between a two-year bond maturing in September 2027 at 15.541%, and a three-year bond maturing in September 2028 at 16.541%.

The rates reflect an increase from August, when yields stood at 14.401% and 15.401% respectively.

Launched in 2017, the FGN Savings Bond programme aims to deepen Nigeria’s bond market, promote financial inclusion, and provide retail investors access to safe, low-risk securities.

Each unit is priced at ₦1,000, with a minimum subscription of ₦5,000 and a maximum of ₦50 million. Settlement is scheduled for 10 September 2025.

“These bonds qualify as approved investments under Nigerian tax laws and remain attractive options for both individuals and pension funds,” the DMO said.

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