Lagos State ₦14.82bn Series 3 green bond and ₦230bn Series 4 conventional bond
- Value
- ₦244.82bn (US$183.9m)
- Date
- 10 October 2026
- Transaction type
- Bond Issuance
- Practice area
- Capital Markets
- Jurisdiction
- Nigeria
- Client
- Lagos State Government
Summary
Lagos State ₦14.82bn Series 3 green bond and ₦230bn Series 4 conventional bond. Client: Lagos State Government.
Scope of legal work
Olaniwun Ajayi; Duale Ovia & Alex-Adedipe; Aluko & Oyebode; Jackson, Etti & Edu
Advisers
- Aluko & Oyebode All transactions on record
- Duale Ovia & Alex-Adedipe All transactions on record
- Jackson, Etti & Edu All transactions on record
- Olaniwun Ajayi LP All transactions on record
| Lawyer | Firm | Role |
|---|---|---|
| Adeniyi Duale | Duale Ovia & Alex-Adedipe | Lead partner |
| Simisola Eyisanmi | Duale Ovia & Alex-Adedipe | Lead partner |
| Melody Ibegbulam | Duale Ovia & Alex-Adedipe | Managing or senior associate |
| Bankole Oke | Duale Ovia & Alex-Adedipe | Associate |
| Adedolapo Funmilayo | Duale Ovia & Alex-Adedipe | Team member (title not stated) |
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
- Law firm: Olaniwun Ajayi; Law firm: Duale Ovia & Alex-Adedipe; Law firm: Aluko & Oyebode; Law firm: Jackson, Etti & Edu; Additional adviser information submitted to Meridian (firm dataset, October 2026), pending verification: Banwo & Ighodalo advising on the Lagos State ₦1trn Debt and Hybrid Instruments Issuance Programme.
- Firm submission: Duale, Ovia & Alex-Adedipe (October 2026)
Spotted an error? Suggest a correction.
Related
Related reporting
Editorial
The New Silks: Inside Nigeria’s 2026 SAN class
Sixty-eight lawyers take silk on Monday. The rank is fifty-one years old, its rules have tightened, and this year’s class says as much about how Nigeria’s…
Intelligence
Ghana: deep talent, thin flow, and a US$19.9bn transaction nobody outside Accra has heard of
Project Wembley is reported by counsel as the largest M&A transaction in Ghana's beverages manufacturing sector in recent history. Four firms on a single mid-market fintech…
Editorial
The record widens
Meridian’s rankings now run Africa-wide. Here is what changed, and what the evidence does not yet support.