FMDQ Securities Exchange Limited has approved the listing of Lagos State Government’s dual-series bonds totaling N244.82 billion under its N1.00 trillion Debt and Hybrid Instrument Issuance Programme.
The approval was disclosed in a release issued on Tuesday, February 24, 2026, by FMDQ Securities Exchange Limited following a meeting of its Board Listings and Markets Committee.
The listing covers a N14.82 billion 5-Year 16.00% Series 3 Fixed Rate Green Bond and a N230.00 billion 10-Year 16.25% Series 4 Fixed Rate Bond, both aimed at supporting infrastructure and sustainable development projects in Lagos State.
