Nigeria's DMO to Raise N900 Billion in January 2026 Bond Auction for Government Financing

The Debt Management Office (DMO) in Nigeria has announced plans to raise N900 billion through a bond auction in January 2026. The auction will include three federal bond reopenings with varying coupon rates and maturities, aiming to provide investment opportunities across different terms.

This move is part of the government's strategy to finance budgetary obligations and support the growth of the domestic debt market. The auction is expected to benefit investors, including pension funds, insurance companies, and individual investors, by offering stable long-term investment opportunities.

The auction is scheduled for January 26, 2026, with settlement set for January 28, 2026.