Nigeria’s bond auction records 530% oversubscription

Nigeria’s domestic debt market recorded unprecedented demand in September 2025, with the Federal Government’s monthly bond auction oversubscribed by a massive 530 per cent, despite the CBN’s recent cut in the Monetary Policy Rate (MPR). The Debt Management Office (DMO) disclosed that total subscriptions reached ₦1.26 trillion against the ₦200 billion on offer, a more ...