The Minister of Finance Wale Edun, disclosed this at the roadshow announcing the $500 million dollar bond investment vehicle designed to offer Nigerians a secure, dollar-denominated asset here in Nigeria. This is a bold move aimed at attracting foreign exchange inflows and stabilising the Naira.
According to the minister, this bond is more than just a financial instrument; it offers a win-win scenario for investors seeking low-risk, high-yield opportunities in an uncertain global market.
FGN to launch a new investment opportunity for Nigerians: The domestic FGN US dollar bond Pulse NigeriaADVERTISEMENT
By investing, Nigerians will not only make their dollar work for them but also join a collective effort to strengthen the nation's economy and improve the lives of millions. Investors will also avail themselves of the opportunity to be a part of something greater.
The official launch of the Domestic Dollar Bond is set to take place on Monday August 19, 2024, and will be open for two weeks. Detailed information on how investors can participate in this unprecedented opportunity can be found at www.dmo.gov.ng.
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