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Tinubu support boosts BOI N250bn bond oversubscription
The Punch
Aug 19, 2026 · 01:48 WAT
The Bank of Industry’s N250 billion Series 1 Fixed Rate Bond was oversubscribed, with the development attributed to investor confidence in Nigeria and support for President Tinubu’s leadership. The transaction reflects demand in the domestic fixed-income market, although no specific NGX-listed equity or company share is identified.