I subscribed for the May 2026 FGN bond on the 5th of May via Investnaija app, but It’s yet to reflect on my app. I’d like to know if the allotment has been completed so i can know what my next line of action would be.
This would be my first FGN bond subscription.
Yes — the May 2026 FGN Bond allotment process has already been completed by the dmo.gov.ng. The May 2026 auction results were released around May 18–19, 2026, and settlement was scheduled for May 20, 2026. So if you subscribed on May 5 through the InvestNaija app, your allotment should normally haveRead more
Yes — the May 2026 FGN Bond allotment process has already been completed by the dmo.gov.ng. The May 2026 auction results were released around May 18–19, 2026, and settlement was scheduled for May 20, 2026.
See lessSo if you subscribed on May 5 through the InvestNaija app, your allotment should normally have started reflecting either:
on your app,
in your CSCS holdings,
or in your investment statement around the settlement period.
Since this is your first FGN Bond subscription, here is what likely explains the delay:
Broker/App processing delay
Some platforms update holdings slower than the official DMO settlement date. It can take several business days after allotment before the bond position appears in-app.
Partial allotment or pending reconciliation
FGN Bonds can sometimes be oversubscribed. Investors may receive:
full allotment,
partial allotment,
or delayed confirmation from the broker.
CSCS linkage or account-matching issue
If your:
name,
BVN,
CHN,
CSCS,
or bank details do not match correctly, the broker may still be reconciling the transaction.
Your next line of action:
check whether your debit/payment was successful,
confirm that you received a subscription confirmation email/SMS,
contact the InvestNaija support team and ask specifically:
“Has my May 2026 FGN Bond allotment been processed?”
“What quantity/unit was allotted to me?”
“When will it reflect in my holdings?”
Also ask them whether the bond is being warehoused temporarily before pushing to your CSCS/investment dashboard.
Since this was your first subscription, another important point: FGN Bonds are not always displayed immediately the same way stocks appear on trading apps. Some platforms post them under:
fixed income,
bond portfolio,
investments,
or treasury holdings instead of the regular stock section.
The official DMO auction and allotment results for May 2026 have already been published.