Nigeria Plans to Offer $186 Million of Green Bonds This Year
Nigeria has issued at least two previous green bonds as it seeks to increase forest cover.
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Nigeria plans to sell $186 million of green bonds in two offerings before the end of the year as it seeks to fund an ambitious economic-transformation plan, Environment Minister Balarabe Abbas Lawal said.
A 50 billion-naira ($31 million) bond will be sold in two weeks and an additional 250 billion-naira one in October, Lawal told reporters in the capital, Abuja, on Wednesday.