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Miebakagh
Asked: 2026-03-25T17:23:19+00:00 In:

How can someone register with a stock brokers Application like Afrivest to buy the FGN Savings Bond in Nigeria?

Every month the Debt Management Office, on behave of the Federal Government of Nigeria, send out notification for the purchase of the FGN Savings Bond.

Persons who want to buy the bond do not know how to register with Applications like Afrivest, InvestNaija, and so on.

How do they do it?

Thank you.

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  2. Ochoyoda
    Educator

    To buy FGN Savings Bond, investors must go through authorized stockbrokers like Debt Management Office Nigeria approved platforms such as Afrinvest, InvestNaija, Meristem, Stanbic IBTC Stockbrokers, etc. Here is the step-by-step process beginners should follow: How to Register and Buy FGN Savings BoRead more

    To buy FGN Savings Bond, investors must go through authorized stockbrokers like Debt Management Office Nigeria approved platforms such as Afrinvest, InvestNaija, Meristem, Stanbic IBTC Stockbrokers, etc.

    Here is the step-by-step process beginners should follow:

    How to Register and Buy FGN Savings Bond (Step-by-Step)

    Step 1: Choose a Licensed Broker App

    Download and sign up on any of these:

    Afrinvest (Afrinvestor App)

    InvestNaija

    Meristem (Meritrade)

    ARM Securities

    Cordros Securities

    CSL Stockbrokers

    These are licensed by the Nigerian Exchange Limited and Securities and Exchange Commission Nigeria.

    Step 2: Open an Investment Account

    You will be required to provide:

    Full Name

    Phone Number

    Email Address

    Bank Details

    Valid ID (NIN / National ID / Driver’s License / Passport)

    Passport Photograph

    Once completed, they will create:

    CSCS Account (for holding bonds & shares)

    Trading Account (to buy investments)

    Step 3: Fund Your Account

    Transfer money to your broker wallet:

    Minimum for FGN Savings Bond = ₦5,000

    Additional units = ₦1,000 multiples

    Example:

    ₦5,000

    ₦10,000

    ₦50,000

    ₦100,000

    Step 4: Wait for Monthly Bond Offer

    FGN Savings Bond is:

    Announced first week of every month

    Open for 5 working days

    You will see it under:

    Fixed Income

    Bonds

    Primary Market

    Step 5: Place Order

    Select:

    Amount you want to invest

    Tenor (2 years or 3 years)

    Submit order

    That’s all.

    What Happens After Purchase

    Interest paid every 3 months (Quarterly)

    Money returned at maturity

    Very low risk (backed by Federal Government)

    Example

    If you invest:

    ₦100,000

    At 15% per annum

    You receive:

    About ₦3,750 every 3 months

    Then ₦100,000 capital at maturity

    Why Many Beginners Like FGN Savings Bond

    ✅ Very safe

    ✅ Low starting amount (₦5,000)

    ✅ Quarterly income

    ✅ No need to monitor market daily

    See less