The Debt Management Office, DMO, has announced a fresh N600 billion Federal Government of Nigeria bond auction for May 2026 and the listing of the 18.95 percent N47.36 billion Series III Sovereign Green Bond on the Nigerian Exchange Limited, NGX.
The announcements were contained in separate statements issued by the DMO on Tuesday and Wednesday.
On the N600 billion bond auction, the DMO said the issuance forms part of the federal government’s strategy to finance fiscal obligations, deepen the domestic capital market, and attract institutional investors amid sustained demand for fixed-income securities.
DMO disclosed that the offer consists of two reopened FGN bond instruments valued at N300 billion each.They include the N300 billion 22.60 percent FGN January 2035 10-year reopening bond and the N300 billion 16.2499 percent FGN April 2037 20-year reopening bond.
According to the DMO, the bonds are priced at N1,000 per unit, with a minimum subscription of N50,001,000, while additional subscriptions can be made in multiples of N1,000.
Speaking on the listing of the Sovereign Green Bond on the NGX, the DMO said the move would provide liquidity for investors and ensure price transparency.
Experienced broadcast journalist with over 5 years of experience in reporting, multimedia editing, and storytelling across both traditional and digital media. I currently work with Vision FM 92.1 and Daily Frontier, where I report on security, conflict, and humanitarian issues, while also translating news into Hausa and Pidgin to reach wider audiences.
I also serve as a correspondent for Daily Frontier in Plateau and Benue States, Nigeria, covering security, conflict, and humanitarian developments in the region.
I hold a Diploma in Mass Communication from Adamawa State Polytechnic and a Bachelor’s degree in Mass Communication from the National Open University of Nigeria.
