The Debt Management Office (DMO) has listed its 18.95 per cent N47.335 billion Series III Sovereign Green Bond due June 2030 on the Nigerian Exchange Limited (NGX) and FMDQ Securities Exchange Limited.
The disclosure was made in a statement released by the DMO on Wednesday through its official X account.
The Series III Sovereign Green Bond is a climate-focused debt instrument issued by the Federal Government through the DMO to raise funds for environmentally sustainable projects aimed at supporting Nigeria’s transition to a low-carbon and climate-resilient economy.
According to the DMO, the latest issuance represents the third Sovereign Green Bond floated on behalf of the Federal Government and underscores its commitment to mobilising capital for environmentally friendly projects aligned with Nigeria’s climate objectives.
The office stated that the issuance is also designed to deepen awareness and adoption of climate-linked financial instruments within Nigeria’s capital market while providing sustainability-focused investors with ethical investment opportunities.
The DMO added that the listing on NGX and FMDQ would improve liquidity for investors and enhance price transparency for the instrument.
The agency also acknowledged the contributions of transaction advisers and market operators involved in the issuance process, including Chapel Hill Denham and Stanbic IBTC Capital Limited, which served as issuing houses and bookrunners, alongside legal adviser S.P.A. Ajibade and Co.
The DMO reiterated its commitment to expanding the range of investment products available in the domestic market while strengthening Nigeria’s bond market.
The listing comes as the Federal Government intensifies efforts to secure alternative financing for climate and environmental projects.
Earlier this year, the government announced plans to raise up to N500 billion through green bond issuances in 2026 to finance climate-related infrastructure and sustainability initiatives.
Investor demand for green instruments has remained strong. Last year’s N50 billion sovereign green bond was oversubscribed, attracting subscriptions worth more than double the amount offered.
Nigeria’s inaugural sovereign green bond was also fully subscribed, reflecting growing investor confidence in the country’s climate-focused debt market.
The government’s push toward green financing aligns with broader environmental reforms under the administration of Bola Tinubu, including the operationalisation of Nigeria’s carbon market framework, which is projected to generate at least $3 billion annually for the country by 2030.
The latest listing also comes amid renewed domestic borrowing activities by the Federal Government.
The DMO recently announced a fresh N600 billion Federal Government bond auction scheduled for May 18, 2026, with settlement fixed for May 20.
According to the offer circular, the auction includes two re-opened bond instruments valued at N300 billion each, a 22.60 per cent FGN January 2035 10-year bond and a 16.2499 per cent FGN April 2037 20-year bond.
