Breaking News

FGN bonds record 32% oversubscription in May auction

Strong investors demand for the Federal Government of Nigeria (FGN) debt instrument continues in May as the government’s bond auction in May 2026 recorded a 32.8% oversubscription. The Debt Management Office (DMO) disclosed this on Tuesday. Investors bid N797.17 billion (including a N280 billion non-competitive bid) for bonds worth N600 billion with total allotments rising […]