The Debt Management Office (DMO) has announced that the Federal Government of Nigeria (FGN) Savings Bond recorded an allotment of N3.05 billion in September 2025, with more than 2,000 investors participating.
The September issuance comprised two tranches – a 2-year bond at 14.119% and a 3-year bond at 15.119%. The DMO explained that the strong subscription reflects growing investor confidence in the Federal Government’s retail debt instruments, which are designed to deepen the savings culture among Nigerians while providing safe and guaranteed investment opportunities.
The FGN Savings Bond is part of the government’s broader strategy to democratize investment by encouraging retail participation in the capital market. The initiative allows ordinary Nigerians to earn interest income while contributing to national development, as proceeds are used to finance infrastructure and other critical projects.
According to the DMO, the steady rise in subscription levels underscores the success of President Bola Ahmed Tinubu’s financial inclusion drive and the government’s efforts to mobilize domestic savings for economic growth. The agency urged more Nigerians to take advantage of the monthly issuance programme to build wealth securely while supporting national development.
