Booming Confidence: FGN Bond Subscriptions Smash Records at N9.04tn — 107% Surge Proves Nigeria’s Domestic Debt Market Is Winning
Nigeria’s Debt Management Office attracted a record N9.04 trillion in FGN bond subscriptions during the first half of 2026 — a 107% year-on-year surge — as pension funds, banks, and insurers raced to lock in high yields on long-dated sovereign securities despite a widening federal fiscal deficit.