Tag: Federal Government of Nigeria
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Nigeria-Siemens electricity deal to gulp over N1.15tn
Germany-based Siemens AG and the Nigerian Government signed a six-year electricity deal in July and will cost more than N1.15tn to execute.
Federal government offers 2-year, 3-year savings bonds at 11.41%, 12.41% in June
The federal government has offered for subscription two-year savings bond at 11.41 per cent and three-year savings bond at 12.41 per cent per annum.
The Debt Management Office (c), which offered the bonds on behalf of the federal government, announced this on Monday in a circular posted on the agency’s website.
DMO explained that the two-year bond would be due in June 2021, while the three-year bond would mature for payment to investors in June 2022.
