United Capital leads issuance of first domestic FGN US Dollar bond, raising over $900 million

United Capital Group led the issuance of Nigeria’s first-ever domestic US dollar bond, raising over $900 million, surpassing its target with 180% subscription.

The bond, offering a 9.75% yield, attracted diverse investors, including Nigerians and non-Nigerians, both locally and abroad.

The funds will support critical sectors of Nigeria's economy and infrastructure.

United Capital's pivotal role underscores its strength in the capital markets and commitment to transforming Africa’s financial landscape.

The bond will be listed on the Nigerian Exchange and FMDQ Securities Exchange.

This milestone highlights investor confidence in Nigeria’s economic potential.