Search

Nigeria trims bond auction allotments amid rate cut expectations

Bond Photo by Markus Winkler @ Unsplash
Bond Photo by Markus Winkler @ Unsplash
  • Nigeria accepts only part of demand in oversubscribed bond sales
  • Move signals borrowing caution as investors bet on September rate cut

 

LAGOS, NIGERIA – Nigeria cut back on allotments at two oversubscribed bond auctions, accepting only part of investor demand, despite heavy bids ahead of a potential interest rate cut.

Recent Business

Portrait of a bavarian cow. Photo @ Unsplash
Uganda to ship $1bn milk to Nigeria in major dairy export deal
Read More »
Photo by Eswatini Photography @ Unsplash
Eswatini gears up for higher prices in 2026 due to inflation
Read More »
Ziguinchor, Senegal. Photo by Sweder Breet @ Unsplash
Senegal opens $640mn regional bond as West Africa’s debt pressure mounts
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »
Ghana President John Mahama. Photo courtesy: Office of the President/Facebook
Ghana’s $1.1bn presidential jet plan reignites debate over cost and priorities
Read More »
Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »

Latest Posts

Latest news insights