By Favour Pius
The Debt Management Office (DMO) has listed a N47.335 billion Sovereign Green Bond on the Nigerian Exchange Limited (NGX) and the FMDQ Securities Exchange, in a move aimed at deepening sustainable finance and supporting environmentally friendly projects across the country.
The listing ceremony, held in Lagos, marked another milestone in Nigeria’s drive to mobilise climate-focused investments and strengthen the domestic debt market.
The Green Bond, which forms part of the Federal Government’s sustainable financing strategy, is expected to fund projects in renewable energy, afforestation, transportation, agriculture and other environmentally sustainable sectors.
Speaking at the event, officials of the DMO said the successful listing underscores growing investor confidence in Nigeria’s green financing framework and demonstrates the country’s commitment to climate action and sustainable economic development.
According to the agency, proceeds from the bond would be channelled into projects aligned with Nigeria’s climate commitments and environmental sustainability goals.
The DMO noted that Nigeria remains one of the first African countries to issue a sovereign green bond, adding that the initiative has continued to attract both domestic and international investors seeking sustainable investment opportunities.
Market stakeholders said the listing on both NGX and FMDQ would improve liquidity, transparency and investor participation in the green bond market.
They added that the development could encourage more corporate institutions and sub-national governments to explore sustainable financing instruments for infrastructure and environmental projects.
Analysts also noted that increased adoption of green bonds could help Nigeria access alternative funding sources amid rising climate-related challenges and growing global emphasis on environmental, social and governance (ESG) investments.
The Federal Government has continued to position green financing as part of broader efforts to achieve sustainable development targets, reduce carbon emissions and support climate-resilient infrastructure development.
