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Debt Management Office (DMO)

Nigeria’s second Sovereign Green Bond oversubscribed by 220 percent

A statement from the Debt Management Office (“DMO”) on Thursday said: “The proceeds of the Green Bond will be used to finance projects in the 2018 Appropriation Act, which will contribute to Nigeria’s commitments to the Paris Agreement on Climate Change.”
Debt Management Office (DMO)

Federal government set to issue N15 billion second green bond

The Federal Government of Nigeria (FGN), is set to issue a second Green Bond up to N15 billion following the successful debut Green Bond Issuance of N10.69 billion in December 2017 – by which Nigeria became the first African country to issue a Green Bond.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank lists N15 billion green bond on FMDQ OTC, NSE

Access Bank Plc yesterday listed its N15 billion Green Bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange (NSE). The Bond is the first of its kind to be issued by an African corporate and represents a major milestone in the development of the local green finance market. It is a 5-year 15.5 per cent Fixed Rate Senior Unsecured Green Bond due 2024.
Nigeria Stock Exchange

FRC: Only Federal government, Lagos access capital market in 2017

Only the Federal Government and the Lagos State Government accessed the Capital Market for bonds in 2017, a Fiscal Responsibility Commission (FRC) report says.

SEC approves Access Bank’s book build for proposed green bond subscription

Securities and Exchange Commission (SEC), the institution in charge of regulating the Nigerian Capital Market has approved the book build in respect of the proposed Green Bond, issued by Access Bank Plc.
Mary Uduk

SEC: Nigeria’s infrastructure deficit to hit $878 billion by 2040

Securities and Exchange Commission (SEC) says Nigeria’s infrastructure deficit would hit 878 billion dollars by 2040 and called for active utilisation of green bond for infrastructural gap
Mary Uduk

SEC tasks Nigerians to use Green Bonds to tackle infrastructure gap

The Securities and Exchange Commission (SEC) on Tuesday said the nation’s huge infrastructure gap could be addressed with investments in sustainable finance initiatives such as Green Bonds.

Ibrahim Jibril: Federal government to spend N10 billion green bond on education programme

The Minister of State for Environment, Alhaji Ibrahim Jibril, says the Federal Government will spend N10.6 billion green bond to execute its Energising Education Programme.

Federal government to spend N10 billion green bond on education programme

The Minister of State for Environment, Alhaji Ibrahim Jibril, says the Federal Government will spend N10.6 billion green bond to execute its Energising Education Programme.

NBS: Federal government securities gulp N5.82 trillion of pension funds assets in Q2

The federal government securities accounts for N5.82 trillion or 70.75 percent of total pension funds assets in the second quarter of the year (Q2), the National Bureau of Statistics (NBS) stated yesterday.

Federal government to issue second Green Bond to finance 2018 budget

The Debt Management Office (DMO) on Friday said the Federal Government would issue another Green Bond to finance capital projects in the 2018 budget before end of the year.
Nigeria Stock Exchange

Nigerian Stock Exchange tasks Nigerians on green bond to tackle $3 trillion infrastructure deficit

The Nigerian Stock Exchange (NSE) said on Friday that the 3 trillion dollars required to provide infrastructure for the next 25 years could be addressed with Green Bond issuance.

DMO: Federal government spends N643.6bn on domestic debt servicing in Q1

The federal government spent N643.6 billion on servicing the nation’s domestic debt for January to March, says the Debt Management Office (DMO).

Mary Uduk: SEC set to release rules on green bonds

Securities and Exchange Commission, SEC, said it will soon issue guidelines that will facilitate the smooth issuance and operation of Green Bonds in Nigeria.

Minister: National policy on plastic waste management underway

The Minister of State for Environment, Alhaji Ibrahim Jibril, says the Federal Government is working on a national policy on plastic waste management to regulate use and disposal of plastic waste in the country.

DMO: Nigeria must take loans to fund 2018 budget

The director general of Debt Management Office (DMO), Patience Oniha, says the federal government must take loans to fund the 2018 budget and the capital projects.

Federal govt green bond oversubscribed by 0.94 percent – DMO

The Debt Management Office (DMO) says the Sovereign Green Bond recorded oversubscription by 0.94 percent.

Debut N10.69 billion sovereign green bond oversubscribed – DMO

The Debt Management Office has announced that the debut Sovereign Green Bond offered to the general public in December, 2017 was very well received by a wide range of investors.

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Troops invade Bayelsa community, raze houses over killing of soldiers

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