Nigeria Raises N380.77bn in May Bond Auction The Nigerian government has raised N380.769 billion in a highly subscribed bond auction conducted on May 13, 2024. However, the amount raised is 39% less than what was raised in the April FGN bond auction. The aggregate subscription across all...

FG Seeks To Borrow N360bn In New Bond Auction   The Federal Government will today raise about N360 billion in new borrowings as part of its regular debt issuance to finance budget deficit and augment national revenue. It is the last bond auction by the outgoing...

FG Seeks N225bn In New Bond Auction   The Federal Government will today conduct its regular monthly bond auction with a target to raise N225 billion to further bridge its budget deficit. The Debt Management Office (DMO), which oversees government’s bond issuances and general debt management, would...