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Budget Deficit: FG Raises N3.6trn via Bond Market in Five Months
Buoyed by drive to bridge budget deficit, the federal government, through the Debt Management Office (DMO), raised an estimated N3.6 trillion from investors in five months of 2026 using the FGN Bond. The N3.6 trillion FGN Bond raised between January and May 2026 is against a backdrop of sustained government reliance on the domestic debt market to fund fiscal obligations amid constrained external financing conditions. [...]