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The Debt Management Office (DMO), by way of 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 price declined to fifteen.80 per cent.
According to public sale outcomes, buyers submitted N1.908 trillion in bids in opposition to an marketed provide of N800 billion, representing subscription protection of two.38 occasions the quantity supplied.
However, the authorities allotted solely 8.89 per cent of the marketed provide, leaving roughly N1.837 trillion in subscriptions unfilled.
Joseph Galadima is a blogger and copywriter based in Jalingo. He hails from Taraba State. Over five years, he has built a track record of writing news articles grounded in facts, with a focus on reporting that is clear, accurate, and easy for readers to follow. He is the voice behind News Page, his own blog, where he shares his work with an audience that follows public affairs. His background in copywriting gives him a sharp eye for clear, engaging language, so his stories stay readable without losing accuracy.
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