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Lagos State issues record ₦230 billion Series IV Bond
Government
Capital Markets
₦230B($167M)
Nigeria
2026
Lagos State Government completed a ₦230 billion Series IV Fixed Rate Senior Unsecured Bond issuance, the largest subnational bond issuance in Nigeria's history.
The transaction formed part of a hybrid financing programme that also included Nigeria's first subnational green bond issuance.
Advisory Team:
Jackson, Etti & Edu
Folasade Olusanya
Adekunle Soyibo
Comfort Agboola-Adekunle
Olaniwun Ajayi LP
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