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Nigeria’s green bond oversubscribed as climate funding gains traction

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Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • 50 billion naira offer receives 183% subscription amid rising investor interest
  • Proceeds to support 2025 climate-aligned projects under Paris Agreement

Abuja, Nigeria – Nigeria’s latest sovereign green bond has been oversubscribed by 183%, signalling growing investor confidence in the country’s sustainable financing instruments, the Debt Management Office said in a statement.

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