business

FG raises ₦7.15tn through domestic bonds in nine months

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.

By OYEBODE OLUWAFEMI EMMANUEL

1 min read 3 views Updated Oct 12, 2026
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. FGN bonds remained the largest component of the Federal Government’s domestic debt portfolio, highlighting the continued importance of the local capital market in financing government obligations. 

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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

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