Why Is My FGN Bond Subscription Not Working on the InvestNaija App?

You are still in time for the September 2026 FGN Savings Bond, and I checked the official DMO announcement just now.
🚨 September 2026 FGN Savings Bond — important dates
Opening: 7 September 2026
Closing: 11 September 2026
Settlement: 16 September 2026
2-year bond: 14.12% per annum, matures 16 September 2028
3-year bond: 15.12% per annum, matures 16 September 2029
Minimum: ₦5,000
Maximum: ₦50 million
Investment must be in multiples of ₦1,000.
Interest is paid quarterly. �
DMO
So don’t wait until the last day if you can apply today.
Step-by-step through InvestNaija
InvestNaija confirms that government bonds can be subscribed to directly through its app during the public-offer period, without visiting a traditional stockbroker. �
InvestNaija
1. Open your InvestNaija app
Log into your existing InvestNaija account.
Make sure your KYC/profile verification is complete before attempting the investment.
2. Look for “Public Offers”
From the app’s main dashboard, look for something like:
Public Offers → Available Offers
InvestNaija says its Public Offers section now includes government and corporate bonds. �
InvestNaija
3. Look for the September FGN Savings Bond
You should be looking for an offer corresponding to:
FGN Savings Bond – September 2026
Because the offer opened on September 7 and closes September 11, it should be treated as time-sensitive. �
DMO
4. Open the offer
Read the offer details carefully.
You should see the available options:
Option
Interest
Maturity
2-year FGN Savings Bond
14.12% p.a.
16 Sept. 2028
3-year FGN Savings Bond
15.12% p.a.
16 Sept. 2029
The 3-year option pays the higher rate, but your money is committed for longer if you hold it to maturity. �
DMO
5. Choose the amount
For example, if you want to invest:
₦1,000,000
you can subscribe because the minimum is ₦5,000 and subsequent amounts must be in ₦1,000 multiples. �
DMO
6. Choose 2 years or 3 years
This is an important decision.
If your objective is maximum interest and you don’t need the money for three years, the 3-year at 15.12% is the higher-yielding option.
If you expect to need the money earlier, the 2-year at 14.12% may be more suitable.
7. Review the application
Before confirming, check:
Your name
Investment amount
Bank details
CSCS/CHN details if requested
Selected bond tenor
Interest rate
Maturity date
Do not rush through this screen.
8. Fund the application
InvestNaija says public-offer applications can be funded directly within the platform. �
InvestNaija
Make sure the required amount is available before the 11 September closing date.
9. Submit/confirm the investment
After confirming payment, save the transaction/application reference and take a screenshot of the confirmation.
Do not assume that simply funding your InvestNaija wallet means you have subscribed. Make sure the app shows that the FGN Bond application/subscription itself has been submitted.
10. After the offer closes
The DMO says settlement for this September offer is 16 September 2026. �
DMO
InvestNaija says that after an offer closes and allotment is finalized, allocated bonds are credited to your portfolio. �
InvestNaija
💰 Example: If you invest ₦10 million
At 15.12% per annum:
₦10,000,000 × 15.12% = ₦1,512,000 per year
Since the coupon is paid quarterly, that’s approximately:
₦378,000 every quarter
subject to the actual coupon calculation/payment conventions.
Your ₦10 million principal is then repaid at maturity if you hold the bond to maturity.
⚠️ One VERY important distinction
When you say “FGN bond”, there are different FGN securities.
The September offer I have verified is specifically the FGN Savings Bond, not necessarily the larger institutional-style FGN Bond auction.
For this particular September offer, the official DMO document states ₦5,000 minimum and ₦50 million maximum, with quarterly interest. �
DMO
The deadline is 11 September 2026.
Official DMO September 2026 FGN Savings Bond announcement⁠�
InvestNaija Public Offers⁠�