If you do not have โฆ50,000,000 sitting idle, please just scroll past this post. ๐ณ๐ฌ
For those still here. Welcome to the table.
The Federal Government of Nigeria is offering โฆ1.2 trillion in bonds and paying 22.60% interest to whoever lends them the money.
FGN JAN 2035 โ 10-year bond at 22.60%
FGN APR 2037โ20-year bond at 16.2499%
Minimum subscription: โฆ50,001,000.
Auction date: June 22, 2026.
Interest paid twice a year. Backed by the full faith and credit of the Nigerian government.
Put in โฆ50 million for one year at 22.60% and you are walking away with over โฆ11 million in interest alone. Your money made more in 12 months than most Nigerians earn in 3 years working a job.
This is what having serious capital does. It makes more capital.
To those who scrolled back up after seeing โฆ50 million. There is still a way in. Mutual funds like Coronation Fixed Income Fund and Zedcrest Fixed Income Fund already hold positions in bonds exactly like this one. Minimum entry from โฆ1,000.
You do not need โฆ50 million to benefit from government bonds. You just need to know where to look. ๐ณ๐ฌ
Not financial advice. Do your own research.
In all my years of watching football, Iโve never seen supporters hope for and/or celebrate their teamโs losses in hopes another team wonโt win a title. Chelsea fans were especially pathetic this year.
Remember when Arsenal were the joke?
Now rival fans need us to lose a Champions League final on penalties just to enjoy their season.
What a turnaround. ๐๐พ
IPO this, IPO that.
Everybody on your timeline is suddenly talking about IPOs, Public Offers and "getting in early." But you still don't know the difference between an IPO, a Public Offer and a Rights Issue.
Now that you can invest in all three directly on Cowrywise, I'll break them down in plain English and talk about how to decide how much to invest๐งต
If men truly h8ted intelligent women, female doctors, lawyers and professors wouldnโt be getting married daily.
The real issue is that many women confuse arrogance and combative behavior with intelligence.
@Humble_Moh@barnesafc He did his part. Could have been better, but I'll take his contribution over having no one. Max Dowman was also injured at some point point.