The Debt Management Office (DMO) has listed a ₦47.355 billion Series III Sovereign Green Bond on the Nigerian Exchange Limited (NGX) and the FMDQ Securities Exchange Limited, in a move aimed at expanding climate-focused financing in the country. The bond, which carries an 18.95 per cent interest rate and is due in June 2030, was …
Africa Finance Corporation (AFC) said it acted as co-financial adviser on the successful issuance of the inaugural tranche of bonds under the Federal Government of Nigeria’s Presidential Power Sector Financial Reforms Programme (PPSFRP). The corporation disclosed this in a statement issued on Tuesday, February 3. According to AFC, the first tranche of the bond, valued …
The Securities and Exchange Commission (SEC) stated that it would focus on mobilising long-term capital to bridge Nigeria’s infrastructure gaps, streamline regulations, and promote innovative financial instruments that drive investment into productive sectors. The SEC Director General, Emomotimi Agama, said in a New Year's Message on Thursday. Specifically, he said the commission would facilitate the …
