FGN Securities most rewarding Naira denominated investment – DMO

According to Oniha, the risk-free character of FGN securities makes them an appealing and safe investment option for Nigerians.The Debt Management Office (DMO) has assured Nigerians that Federal Government of Nigeria (FGN) securities are the best Naira-denominated investment.Patience Oniha, the Director-General of the DMO, issued the assurance on Thursday in Port-Harcourt during the FGN Securities Issuance Awareness Programme. Oniha, who was represented by Alfred Ekiye, Deputy Director, Administration of the DMO, urged Rivers State residents to take advantage of the chance to invest in FGN Securities and generate monthly income. According to the News Agency of Nigeria (NAN), the DMO organized the awareness campaign in partnership with CSL Stockbrokers Ltd., the Federal Government's stockbroking firm.NAN reports that the FGN Securities Issuance Awareness Programme, which commenced in Lagos in March, 2022, has earlier been taken to Enugu, Ibadan, Kano, Yola, Umuahia, Gombe and Osogbo. It is scheduled to hold in Benin, Edo State on May 18. In January, the DMO had also created an FGN Securities portal to make subscriptions to the various products seamless and to attract more investors, especially young Nigerians, to FGN Securities.