Nigerian Trade Restricted (NGX), and the Worldwide Finance Company (IFC), have co-hosted a technical capacity-building workshop to advance labelled bond issuance in Nigeria, supporting the actual sector and accelerating the nation’s sustainable finance aims.
The workshop, themed ‘Unlocking Sustainable Capital for the Actual Sector: A Deep Dive into the Labelled Bonds Issuance Course of’, introduced collectively issuers, market operators, institutional buyers, regulators, and policymakers for sensible discussions on alternatives and challenges inside the sustainable bond ecosystem.
Labelled bonds, together with inexperienced, social, blue, and sustainability-linked devices, are more and more used globally to channel personal capital into climate-resilient infrastructure, clear power, and inclusive improvement. Whereas cumulative international issuance surpassed $6.2 trillion by end-2024, uptake in Nigeria stays restricted, largely because of gaps in technical structuring, certification, and disclosure frameworks.
CEO of NGX, Jude Chiemeka, emphasised the vital position of sustainable finance in Nigeria’s progress technique, saying “unlocking sustainable capital is central to reaching Nigeria’s imaginative and prescient of a $1 trillion financial system, shared prosperity, and long-term resilience.”
He mentioned the workshop builds on NGX’s ongoing initiatives, together with its Sustainability Disclosure Tips, the Impression Board, and pioneering inexperienced bond listings.
Principal nation officer at IFC, Christian Mulamula, highlighted IFC’s dedication to deepening market infrastructure and sustainability-linked investments throughout Africa. “We share an ambition for Nigeria to turn out to be a mannequin for inexperienced and sustainable finance on the continent,” he famous.
The Federal Ministry of Atmosphere introduced Nigeria’s largest inexperienced bond so far, a N50 billion sovereign inexperienced bond to finance renewable power, afforestation, clear transport, and sustainable agriculture.
Particular adviser and coordinator of Sovereign Inexperienced Bonds, Olaitan Fajuyitan mentioned, “this issuance underscores Nigeria’s dedication to scaling personal finance consistent with nationwide improvement targets.”
Representing the Federal Ministry of Marine and Blue Financial system, director, Husaini Shettima described the workshop as well timed for advancing sustainable marine finance.
“The following frontier is creating a sturdy blue bond framework that aligns with nationwide priorities and international requirements,” he said.
Head of Buying and selling and Merchandise at NGX, Abimbola Babalola famous that “bond listings on NGX supply issuers entry to a diversified investor base and improve market transparency, key for sustainable capital mobilisation.”
As Nigeria pursues climate-resilient, inclusive progress, deepening the sustainable bond market is seen as vital to unlocking the size of capital required for its long-term ambitions.
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