DMO Eyes N1.2trn from Major Bond Reopenings   The Debt Management Office (DMO) acting on behalf of the Federal Government of Nigeria, plans to raise N1.2tn through the reopening of two Federal Government of Nigeria bonds at an auction scheduled for 22 June 2026. According to the...

FGN Bond Auction Sees 45% Decline in Subscriptions Investor demand for Federal Government of Nigeria (FGN) bonds weakened sharply in May 2026, as total subscriptions fell by 45.6% month-on-month, despite higher yields at auction. Data from the Debt Management Office (DMO) showed subscriptions dropped to ₦516.17bn...

Nigeria recorded $112 billion in foreign exchange inflows in 2025, according to a new report by the Financial Markets Dealers Association (FMDA).

Subnational external debt rose sharply in 2025, with 32 states and the Federal Capital Territory (FCT) accumulating nearly $5.7bn, despite higher inflows from the Federation Account Allocation Committee (FAAC).  

FG Raises N2.69trn from Bond Market in Three Months   The Federal Government borrowed N2.69tn from the domestic bond market in the first quarter of 2026, as strong investor demand continued to drive subscriptions above offer levels despite tighter allotments, an analysis of Debt Management Office...

FG to Raise N700bn Through April Bond Sale   The Federal Government plans to raise N700bn from the domestic bond market in April 2026, extending a gradual reduction in offer size as it continues to navigate elevated borrowing costs. Details from the April 2026 Federal Government of...