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BOI Issues ₦274bn Development Bond

FCMB Capital Supports Bank of Industry's ₦274 Billion Development Bond

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaSep 19, 2026

FCMB Capital Markets has supported the Bank of Industry's issuance of a ₦274.19 billion development bond, a large capital markets transaction designed to fund the bank's developmental lending mandate. The issuance is a significant but routine instrument in Nigeria's public development finance architecture.

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