Nigeria's Access Bank Seeks CBN, SEC Approval To Raise 15 bln naira Green Bond

Nigeria's Access Bank said it has applied to both the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) for regulatory approval to issue 15 billion naira Green bond.

According to a letter to the Nigerian Stock Exchange, Access Bank said it has however yet to get any approval from the two regulators on the proposed bond issuance.
The letter signed by Sunday Ekowuch, company secretary, the bank has not taken any decision regarding the launch of the bond.
The bank said it will evaluate the market and take a decision on the bond issuance as soon as it receives approval from the regulators.