Subscription rate rises 220%
By Nkiruka Nnorom
The value of the Nigerian green bonds market has grown to N49.19 billion, recording four issuance in the last three years since the debut issuance by the Federal Government in 2017.
The Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) Mr. Temi Popoola, disclosed this at a retail investors webinar with the theme: “Sukuk and Green Bonds: More than just Investing”, organised by the exchange.
In 2017, the NGX collaborated with the Ministry of Finance and other stakeholders to launch the first…