Saturday, November 17, 2018

Tag "Green Bonds"

    Nigeria to raise N150bn from green bonds in 2018

Nigeria to raise N150bn from green bonds in 2018

Nigeria will issue green bonds worth N150 billion to the public in 2018 as a means of increasing climate funding.Ahmad Salihijo, a technical assistant to the minister of environment, made this known while speaking at a panel discussion on climate finance work for women and non-state actors in Lagos.Nigeria issued its first green bond, which was worth N10 billion, in [...]

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    AfDB, World Bank, Stanbic IBTC named advisers for Nigeria’s green bonds

AfDB, World Bank, Stanbic IBTC named advisers for Nigeria’s green bonds

To enable the Federal government draw on a wide arrange of expertise in progressing and developing the issuance of the country's green bonds, the ministries of environment and finance have drawn some development institutions to serve on the Green Bond Advisory Group (GBAG).The group is made up of development partners (World Bank, DfID, AfDB, and IFC), Capital Market Operators [...]

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    Nigeria to complete issuance of Africa’s first sovereign green bonds ‘in a few months’

Nigeria to complete issuance of Africa’s first sovereign green bonds ‘in a few months’

The federal ministry of environment as led by Ibrahim Jibril, minister of state for environment, is working with some other ministries, department and agencies on completing Africa's first sovereign green bonds.Green bonds are like regular bonds, with a slight difference – they can only be used to fund projects that have been identified to have environmental benefits and their contribution [...]

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    Green Bonds: FG to power nine universities via solar energy

Green Bonds: FG to power nine universities via solar energy

Ibrahim Jibril, minister of state for environment, says the federal government was set to power nine Universities in the country with solar energy.This, he said is part of its efforts to ensure a clean and healthy environment through the issuance of sovereign green bonds.The Minister gave this hint when he paid a working visit to the National Agency for Science [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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