The Federal Government, through the Debt Management Office (DMO), has announced the listing of a new ₦47.355 billion Series III Sovereign Green Bond on the Nigerian Exchange Limited (NGX) and FMDQ Securities Exchange Limited.
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According to the DMO, the 18.95 per cent bond, which is due in June 2030, was officially listed on May 13, 2026.
The agency said the Green Bond is part of efforts to finance environmentally sustainable projects and strengthen Nigeria’s transition towards a low-carbon and climate-resilient economy.
In a statement issued by the DMO on Wednesday via X, the office described the latest issuance as the third Sovereign Green Bond floated on behalf of the Federal Government of Nigeria.
“The Green Bond, which is the third to be issued by the DMO on behalf of the Federal Government of Nigeria, is an attestation to the DMO’s commitment to providing funds needed to finance green projects that support Nigeria’s commitment towards achieving a low-carbon and climate-resilient society,” the statement said.
The DMO added that the listing would improve visibility for climate-focused financial instruments within the Nigerian capital market while also helping ethical investors access securities that align with their investment preferences.
It noted that the listing on NGX and FMDQ would also provide liquidity for investors and improve price transparency in the domestic bond market.
Green Bonds are debt instruments used to raise funds for projects linked to renewable energy, clean transportation, sustainable agriculture, climate adaptation and other environmentally friendly initiatives.
Nigeria became the first African country to issue a Sovereign Green Bond in 2017 as part of efforts to support climate financing and sustainable development goals.
The DMO acknowledged the role played by transaction parties involved in the issuance, including Chapel Hill Denham and Stanbic IBTC Capital Limited, which served as Issuing Houses and Bookrunners.
The office also recognised S.P.A. Ajibade and Co. as Legal Adviser alongside other stakeholders that participated in the transaction process.
“The DMO reiterates its commitments to providing a wide range of securities to meet the needs of diverse investors while also deepening the domestic bond market,” the statement added.
Nigeria Startup News reports that the latest listing comes as governments and financial institutions across Africa continue to increase investment in climate-related infrastructure and sustainability projects amid growing concerns over climate change and energy transition financing.
