Country
Nigeria
Sector
Government / Infrastructure Finance
Intelligence Type
Capital
Status / Stage
Active
Estimated Value
NGN Billion (~$138m) 200
Confidence
Confirmed
Latest Development
Lagos State listed a NGN 200 billion infrastructure bond on FMDQ in H1 2026 — one of the largest sub-national bond issuances in Nigerian history — to finance infrastructure development across the state including road, water and transit projects. Lagos is Nigeria’s economic capital and generates roughly 30% of Nigeria’s GDP.
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