Mama Ngozi: Ah, my dear, you want to know how to buy government bond, ehn? Oya, make I explain for you.Imagine say government wan borrow money, like you wen borrow salt from your neighbor. Instead of going to everyone's house, dem fit say make everybody wey wan lend give dem money gather for one plaRead more
Mama Ngozi: Ah, my dear, you want to know how to buy government bond, ehn? Oya, make I explain for you.
Imagine say government wan borrow money, like you wen borrow salt from your neighbor. Instead of going to everyone’s house, dem fit say make everybody wey wan lend give dem money gather for one place. Na there government bond market dey happen.
So, how e dey work? E dey work like dis: You go give government money today, then government go pay you back plus interest after small time wey una agree on. Na so e be, you dey help government raise money.
To buy government bond for Nigeria, you fit go through your bank or use government-approved brokers. You fit also buy online through the Nigerian Stock Exchange. Dem go register your name say you be one of the people wen lend government money.
Buying government bond get im own benefits. E fit bring you small-small profit plus e fit dey safer than some other investments. But make you sabi say if government get wahala, e fit affect the bond payments o.
Make you shine your eyes well well. If you dey think say government bond na for you, ask questions before you put your money. Na so e be.
How Can I Buy FGN Bonds as a Beginner in Nigeria?
Mama Ngozi: Ah, my dear, you want to know how to buy government bond, ehn? Oya, make I explain for you.Imagine say government wan borrow money, like you wen borrow salt from your neighbor. Instead of going to everyone's house, dem fit say make everybody wey wan lend give dem money gather for one plaRead more
Mama Ngozi: Ah, my dear, you want to know how to buy government bond, ehn? Oya, make I explain for you.
Imagine say government wan borrow money, like you wen borrow salt from your neighbor. Instead of going to everyone’s house, dem fit say make everybody wey wan lend give dem money gather for one place. Na there government bond market dey happen.
So, how e dey work? E dey work like dis: You go give government money today, then government go pay you back plus interest after small time wey una agree on. Na so e be, you dey help government raise money.
To buy government bond for Nigeria, you fit go through your bank or use government-approved brokers. You fit also buy online through the Nigerian Stock Exchange. Dem go register your name say you be one of the people wen lend government money.
Buying government bond get im own benefits. E fit bring you small-small profit plus e fit dey safer than some other investments. But make you sabi say if government get wahala, e fit affect the bond payments o.
Make you shine your eyes well well. If you dey think say government bond na for you, ask questions before you put your money. Na so e be.
See less