• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, August 4, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Green Bond Offer Closes With N91.42bn Total Subscriptions

by Mark Itsibor
2 months ago
in Business
Green Bond Offer Closes With N91.42bn Total Subscriptions
Share on WhatsAppShare on FacebookShare on XTelegram

The federal government of Nigeria’s securities have shown position interest from investors as the recent Sovereign Green Bond Offer of the federal government recorded a high level of subscription of N91.42 billion, according to an official statement from the nation’s debt office.

Advertisement

The offer, which closed on Wednesday, June 18, 2025, was for N50 billion, representing the third Green Bond Issuance by the Debt Management Office (DMO) on behalf of the government.

In a statement that was issued on Thursday, the debt office described the high interest in the government bond as a further demonstration of investors’ confidence in the project-tied securities.

The issuance attracted strong investor interest, with total subscriptions reaching N91.42 billion, representing a subscription rate of 183 per cent. “This impressive demand reflects investor confidence in Nigeria’s growing Green Bond Market and its commitment to sustainable finance and development, as well as climate action,” DMO stated.

Investors were allotted a total of N47.355 billion at a coupon of 18.95 percent per annum. The debt office said proceeds from the issuance will be used to finance projects in the 2024 Appropriation Act that support Nigeria’s Nationally Determined Contributions (NDCs) under the Paris Agreement and its broader climate commitments, including the target to achieve net-zero emissions by 2060.

RELATED

Mixed Performance On Equities Expected This Week

Earnings Optimism Triggers N4.32trn Equities Gain In 5 Days

7 hours ago
Cadbury Nigeria Records N55bn Revenue In 2022

Cadbury Nigeria Records N14.54bn Pre-tax Profit In H1

7 hours ago

“The strong investor interest in this Green Bond demonstrates growing confidence in  Nigeria’s commitment to sustainable financing,” said the Director-General of the DMO, Ms. Patience Oniha. “Green Bonds are becoming an increasingly important instrument for mobilising capital towards our climate objectives and sustainable development agenda.”

Oniha said the Green Bond is yet another contribution of the DMO towards the deepening of the domestic capital market and the DMO remains committed to this objective.

Chapel Hill Denham and Stanbic IBTC Capital Limited acted as financial advisers/book runners/issuing houses on the transaction.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Debt Management Office (DMO)Patience OnihaSovereign Green Bond Offer
SendShareTweetShare
Previous Post

NERC Gives GenCos December Deadline For Real-time Integration With TCN

Next Post

Strategic Governance And Leadership: Steering Excellence In Turbulent Times

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

Mixed Performance On Equities Expected This Week
Business

Earnings Optimism Triggers N4.32trn Equities Gain In 5 Days

2025/08/04
Cadbury Nigeria Records N55bn Revenue In 2022
Business

Cadbury Nigeria Records N14.54bn Pre-tax Profit In H1

2025/08/04
MTN Allots Incentive Shares, As Trading Opens With N4bn Loss
Business

MTNN Posts N414.9bn Profit After Tax In H1

2025/08/04
ASSBIFI Link Forex Rise On Unpatriotism Of Nigerians
Business

Despite Optimism, Forex Inflow Declines By 20.9% In July

2025/08/04
JUST-IN: Inflation In Nigeria Rises Further To 21.91%
Business

Easing Inflation, Currency Stability Prompted IMF’s Nigeria Growth Upgrade – Analysts

2025/08/04
Green Bond Offer Closes With N91.42bn Total Subscriptions
Business

Consumers To Access N100m Mortgage Loans In FCMB

2025/08/04
Leadership Conference advertisement

LATEST

Desertification: Kano Gov Flags Off Distribution Of 5.5m Tree Seedlings

PPDC Launches $4,000 Grant For Investigative Journalists

‘Pray For Me Daily, I Deal With Lawless Elite,’ Wike Tells FCT Residents

PICTORIAL: Ex-Soldiers Protest, Demand Outstanding Entitlements In Abuja

Atalanta CEO Confirms Pact Lookman Amid Transfer Speculation

Travels: Osun Gov’t Denies Misuse Of Public Funds

Coalition Asks UBEC Boss To Resign Over Alleged Infractions

PDP Must Uphold Outcome Of South-South Congress — Wike

How To Check 2025 WAEC Result Online

BBNaija S10: Thelma Emerges First Female Head Of House

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.