Nigeria has listed its third sovereign green bond.

Africa Business Communities reports that the N47.335 billion Series III Sovereign Green Bond was listed on the Nigerian Exchange and FMDQ Securities Exchange by the Debt Management Office on behalf of the federal government.

The 18.95% bond – which will fall due in June 2030 – is intended to finance the country’s transition to a low-carbon and climate-resilient economy.

The issuing houses and bookrunners for the transaction were Chapel Hill Denham and Stanbic IBTC Capital Limited, while SPA Ajibade & Co acted as legal adviser.

In an earlier statement, government indicated that the funding will be directed towards impactful projects such as solar-powered electrification in rural communities, reforestation initiatives and clean water systems.

19 May 2026
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