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Summary
The Federal Government allotted ₦7.15 trillion in FGN bonds between January and September 2026, more than double the ₦3.48 trillion recorded in the same period of 2025. The Federal Government allotted ₦7.15 trillion worth of Federal Government of Nigeria bonds in the first nine months of 2026, representing a 106 per cent increase from ₦3.48 trillion recorded during...
Key takeaways
- The Federal Government allotted ₦7.15 trillion in FGN bonds between January and September 2026, more than double the ₦3.48 trillion recorded in the same period of 2025.
- The Federal Government allotted ₦7.15 trillion worth of Federal Government of Nigeria bonds in the first nine months of 2026, representing a 106 per cent increase from ₦3.48 trillion recorded during the corresponding period of 2025, according to monthly Debt Management Office auction data.Investor demand remained strong, with total subscriptions reaching about ₦13.72 trillion between January and September.
- January recorded an allotment of ₦1.54 trillion, while June, July, August and September accounted for ₦1.22 trillion, ₦931.82 billion, ₦805.16 billion and ₦748.64 billion respectively.Nigeria’s total public debt stood at ₦166.79 trillion as of June 30, 2026, with domestic debt accounting for ₦91.59 trillion.
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What is this story about?
The Federal Government allotted ₦7.15 trillion in FGN bonds between January and September 2026, more than double the ₦3.48 trillion recorded in the same period of 2025. The Federal Government allotted ₦7.15 trillion worth of Federal Government of Nigeria bonds in the first nine months of 2026, representing a 106 per cent increase from ₦3.48 trillion recorded during...
Who published this story?
Glow 99.1 FM published this story with OYEBODE OLUWAFEMI EMMANUEL listed as author.
When was it published?
October 4, 2026