FGN TBills VaultNigerian Treasury Yields, Now On-Chain

eNsc is a stablecoin backed 1:1 by the Nigerian Naira, enabling secure, on-chain access to real-world assets like Nigerian Treasury Bills.

Each eNsc is fully backed by Naira reserves held in regulated, secure accounts, ensuring liquidity and price stability.

You can use eNsc for cross-border payments, trading, or investing in tokenized fixed-income assets like Treasury Bills, directly on our platform.

Deposit Naira or eNaira through our platform to mint an equivalent amount of eNsc instantly.

Yes. eNsc can be redeemed at any time for Naira or eNaira, providing full liquidity and a seamless exit.

Treasury Bills (T-Bills) are short-term debt instruments issued by the Federal Government of any country through its Central Bank to raise short term funds from the general public (private individuals, institutional investors, non-governmental organisations, religious bodies etc.) for the purpose of financing government budget deficit. In Nigeria, T-Bills are issued by the Central Bank of Nigeria (CBN) and it is guaranteed and backed with the full faith of the Federal Government of Nigeria. T-bills are issued at an interest rate often referred to as discount rate.

T-Bills are issued at a discount. For example, if you invest 90,000 ENSC in a T-Bill with a 10% yield (APY), you’ll receive 100,000 ENSC at maturity. The maturity value 100,000 ENSC is referred to as face value while the initial investment (90,000 ENSC) is discount value

• Government-backed and virtually risk-free

• Returns are tax-free in Nigeria

• Fixed income over a known term

• Seamless on-chain access via the FGNTBILLs Vault using eNsc

Tokenized T-Bills represent digital ownership of Nigerian government-issued Treasury Bills, offering secure, yield-bearing investments on-chain.

FGNTBILLs tokens represent your fractional ownership in the FGN TBILLS Vault, backed by actual Nigerian Treasury Bills and eNsc reserves.

The standard cool-down period varies by vault, typically 30 days aligning with the T-Bill maturity cycle. Full details are available in each vault’s page.

Approved investors who complete our KYC/KYB process can access and invest in tokenized T-Bills through the FGN TBILLS vault.

LSK rewards can only be claimed once the cool-down period has ended, stay subscribed to maximize earnings promoting stable, long-term participation.

Yes. Assets are managed by SEC-licensed custodians, fully backed by reserves, with on-chain audits ensuring transparency.

Yes. Early withdrawal is only possible after a 30-day holding period from the date of investment.

Yes, You may redeem up to 50,000 eNsc instantly. Larger withdrawals are processed in a redemption queue within 1–3 business days.

While T-Bills are designed to be held till maturity, you can choose to withdraw early. However, this is subject to the price at which you sell at the prevailing interest rate. For instance, a N100,000 Face Value (FV) T-Bills maybe selling for less or more depending on the prevailing interest rate as at the time of the sale as yield expectation influences interest rates. If your FV is trading at a higher price, it means you can sell your T-Bills at a profit as such your N100,000 can sell for N101,000 or more. If your FV is trading at a lower price, it means you can sell your T-Bills at a loss as such your N100,000 can sell for N99,000 or less.

Yes. An early withdrawal fee of 50% is applied on your returns that have been accruing during the cool down period. Please note that your initial capital deposit remains intact and untouched.

Sign up on our platform, complete KYC, deposit Naira to mint eNsc, and start investing in tokenized real-world assets.

Simply sign up through our web or mobile platform using your smartphone or PC. You will need to upload your KYC documents for verification.

Required KYC Documents:

• A valid government-issued ID (varies by country):

  • For Nigerian users:

    • National Identity Number (NIN) physical card (digital slip not accepted)

    • Permanent Voter’s Card

    • Driver’s License

    • International Passport (bio-data page)

  • For Global users:

    • International Passport (bio-data page)

    • Government-issued National ID or Driver’s License

Ensure your internet connection is strong, and reduce each document’s file size to under 1MB for a smoother upload experience.