Nigeria Issues First Power Sector Bond To Clear Legacy Electricity Debts

Africa Finance Corporation: Nigeria launches ₦501bn bond to transform its power sector

Source: Supplied. Africa Finance Corporation (AFC) announces its role as co-financial adviser on the successful issuance of the inaugural tranche of bonds under the Federal Government of Nigeria’s Presidential Power Sector Financial Reforms Programme.Nigeria has taken a decisive step toward stabilising its power sector with the launch of a ₦501bn bond, the first tranche under the Federal Government’s ₦4tn Power Sector Bond Programme. Read more...

Africa Finance Corporation Acts as Financial Adviser on Landmark Power Sector Bond Issuance under Nigeria’s Presidential Power Sector Financial Reforms Programme

AFC provided comprehensive financial advisory services to the Federal Government of Nigeria on this landmark transaction, including the design of the Programme’s negotiation strategy framework LAGOS, Nigeria, February 3, 2026/APO Group/ –Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is pleased to announce its role as Co-Financial Adviser on the successful issuance of the inaugura…

Nigeria Issues First Power Sector Bond To Clear Legacy Electricity Debts

Nigeria has issued its first power sector bond worth ₦501 billion to address long-standing financial issues in its electricity market. Launched under the Presidential Power Sector Debt Reduction Programme, the bond aims to clear legacy debts and stabilize power generation. It garnered strong investor interest, promoting confidence in ongoing reforms. The post Nigeria Issues First Power Sector Bond To Clear Legacy Electricity Debts appeared first…