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The Debt Management Office (DMO), by the Central Bank of Nigeria (CBN), has rejected N1.84 trillion in investor subscriptions on the October 28, 2026 Nigerian Treasury Bills public sale, allotting solely N71.16 billion because the one-year cease fee declined to fifteen.80 per cent.
According to public sale outcomes, buyers submitted N1.908 trillion in bids towards an marketed provide of N800 billion, representing subscription protection of two.38 instances the quantity supplied.
However, the authorities allotted solely 8.89 per cent of the marketed provide, leaving roughly N1.837 trillion in subscriptions unfilled.
Foluke Zaccheaus is a blogger and copywriter based in Birnin Kebbi. She hails from Kebbi State. She has spent five years writing news articles grounded in facts, with a focus on reporting that is clear, accurate, and easy for readers to follow. She is the voice behind classicgist.com.ng, where she shares her work with an audience that follows public affairs. Her background in copywriting gives her a sharp eye for clear, engaging language, so her stories stay readable without losing accuracy.
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