Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Nigeria trims bond auction allotments amid rate cut expectations

Bond Photo by Markus Winkler @ Unsplash
Bond Photo by Markus Winkler @ Unsplash

Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • 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.

Sign Up To Our Free Newsletter

Recent Business

Public telephone centre. Photo by E. Diop @ Unsplash
Ethiopia eyes global outsourcing market with new $25.6mn BPO push
05/03/2026
2 hours ago
Michael Masrie
Read More »
Addis, Ababa, Ethiopia. © Unsplash
Ethiopia targets $2.4bn deals to signal frontier market reform push
04/03/2026
21 hours ago
Michael Masrie
Read More »
Women hawkers on the streets of Accra, Ghana. Photo by Langford Kwabena @ Unsplash
Ghana inflation falls to 3.3% in February 2026
04/03/2026
23 hours ago
Joshua Worlasi Amlanu
Read More »
Custom Research

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
26/02/2026
6 days ago
Wanderi Kamau
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
20/02/2026
1 week ago
Wanderi Kamau
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
18/02/2026
2 weeks ago
Dulue Mbachu
Read More »

Latest Posts

Latest news insights

People celebrating in Accra, Ghana. Photo by Jay Martin @ Unsplash
Read More »
Is Ghana’s return to bond markets enough to restore investor confidence?
Public telephone centre. Photo by E. Diop @ Unsplash
Read More »
Ethiopia eyes global outsourcing market with new $25.6mn BPO push
Taxi bus Libreville, Gabon. Photo @ Unsplash
Read More »
Gabon's BGFIBank stock sale flops as investors shun Central Africa's thin markets
Addis, Ababa, Ethiopia. © Unsplash
Read More »
Ethiopia targets $2.4bn deals to signal frontier market reform push
Public telephone centre. Photo by E. Diop @ Unsplash
Read More »
Ethiopia eyes global outsourcing market with new $25.6mn BPO push
Taxi bus Libreville, Gabon. Photo @ Unsplash
Read More »
Gabon's BGFIBank stock sale flops as investors shun Central Africa's thin markets
Addis, Ababa, Ethiopia. © Unsplash
Read More »
Ethiopia targets $2.4bn deals to signal frontier market reform push
Women hawkers on the streets of Accra, Ghana. Photo by Langford Kwabena @ Unsplash
Read More »
Ghana inflation falls to 3.3% in February 2026
Taxi bus Libreville, Gabon. Photo @ Unsplash
Read More »
Gabon's BGFIBank stock sale flops as investors shun Central Africa's thin markets
Addis, Ababa, Ethiopia. © Unsplash
Read More »
Ethiopia targets $2.4bn deals to signal frontier market reform push
Women hawkers on the streets of Accra, Ghana. Photo by Langford Kwabena @ Unsplash
Read More »
Ghana inflation falls to 3.3% in February 2026
Mozambique Photo: @ Unsplash
Read More »
Mozambique's economy exits recession with 4.67% growth