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DMO rejects N1.84 trillion bids, pushes T-bill rates lower

Nairametrics's headline. Reported by Nairametrics.

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What Nairametrics reported

The Debt Management Office (DMO), through the Central Bank of Nigeria (CBN), rejected N1.84 trillion in investor subscriptions at the October 28, 2026 Nigerian Treasury Bills auction, allotting just N71.16 billion as the one-year stop rate declined to 15.80%.

The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.

DMO rejects N1.84 trillion bids, pushes T-bill rates lower. The Debt Management Office (DMO), through the Central Bank of Nigeria (CBN), rejected N1.84 trillion in investor subscriptions at the October 28, 2026 Nigerian Treasury Bills auction, allotting just N71.16 billion as the one-year stop rate declined to 15.80%. Covered by 1 publications. Nairametrics: DMO rejects N1.84 trillion bids, pushes T-bill rates lower.

Who is covering it

  1. Nairametrics Nigeria DMO rejects N1.84 trillion bids, pushes T-bill rates lower The Debt Management Office (DMO), through the Central Bank of Nigeria (CBN), rejected N1.84 trillion in investor subscriptions at the October 28, 2026 Nigerian Treasury Bills auction, allotting just N71.16 billion as the one-year stop rate declined to 15.80%. 29 Oct · Tier 2

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

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Business · Markets 2 publications

DMO rejects 96% bids as treasury bill rates fall

According to BusinessDay, the Debt Management Office (DMO) rejected bids worth N1.84 trillion at Wednesday's Treasury bills auction, allotting just N71.16 billion. The headline reports that the DMO rejected 96% of bids as treasury bill rates fell. Only one outlet, BusinessDay, is cited, and its two entries carry the same text. No other outlets are available to compare against. The sources do not describe the reasons for the rate movement or any further steps. Summary from 2 sources

Summary from 2 sources BusinessDay first

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BUA Foods Expands Gross Profit Margin to 48.3% as Profit After Tax Rise to N450 Billion

Leading Nigerian food manufacturing company, BUA Foods Plc, has recorded an increase in gross profit to ₦552.90 billion for the nine months ended 30 September 2026, compared with ₦520.65 billion in the corresponding period of 2025. Gross profit margin expanded significantly to 48.3%, from 36.7% in t Excerpt, Nairametrics

Source Nairametrics