SEC launches Green Bonds Issuance Rules

The Securities and Exchange Commission, SEC, yesterday, launched the Green Bonds Issuance Rules, following series of engagements with stakeholders and capital market operators. SEC has collaborated with the Green Bonds Market Development Programme, supported by the Climate Bonds Initiative (CBI), the FMDQ OTC Securities Exchange (FMDQ) and the Financial Sector Deepening Africa (FSD Africa) to […]

Read More
Traders work at the Nigerian Stock Exchange in Lagos

NSE proposes rules to guide listing of Green Bonds

As Green Bond issuance set to gain traction in the country, the Nigerian Stock Exchange (NSE) is proposing a set of rules that will guide the listing of those bonds on the exchange. Green bonds are special bonds issued to finance or re-finance in part or in full new and existing eligible environmental or climate […]

Read More
Debt Management Office, DMO

DMO to issue debut Sovereign Green Bond

The Debt Management Office (DMO) has announced that it would commence sensitization prospective investors in the Bond through a Roadshow in Abuja and Lagos on December 14 and 15, 2017 ahead of the issuance of its debut Sovereign Green bond. The Green Bond comes following Nigeria’s endorsement of the Paris Agreement on Climate Change on […]

Read More

Nigeria to launch first green bond in few weeks: report

Nigeria plans to launch its delayed “green” bond – the first for an emerging market country – within a few weeks, the country’s former environment minister said. Amina Mohammed, now deputy secretary-general of the United Nations, told the Thomson Reuters Foundation proceeds from the sovereign bond – which is expected to raise about 20 billion […]

Read More

Governments in Africa, Asia Considering ‘Green’ Bond Sales

A raft of developing countries are considering selling bonds earmarked for environmental projects, potentially accelerating growth in a market seen as crucial to efforts to keep global temperatures in check. France and Poland have in recent months become the first sovereigns to issue ‘green’ bonds, previously the domain mainly of development banks and companies. Among […]

Read More