Lagos State Government

Nigeria

Corporates & Public

2025-07-18 | Latest Announcement

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Lagos State Government 
Lagos State Government  Programme 3, Series 1
Lagos State Government  Senior Unsecured Fixed Rate Bonds (N6.9bn)


2025-07-18 | Rating Announcement

Rating ScaleRating ClassRating
National Scale Long Term Issuer Rating AA-(NG) | Stable outlook
National Scale Short Term Issuer Rating A1+(NG)


2024-08-06 | Rating Announcement

Rating ScaleRating ClassRating
National Scale Long Term Issuer Rating AA-(NG) | Stable outlook
National Scale Short Term Issuer Rating A1+(NG)


2023-08-31 | Rating Announcement

Rating ScaleRating ClassRating
National Scale Long Term Issuer Rating AA-(NG) | Stable outlook
National Scale Short Term Issuer Rating A1+(NG)


2022-08-31 | Rating Announcement

Rating ScaleRating ClassRating
National Scale Long Term Issuer Rating AA-(NG) | Stable outlook
National Scale Short Term Issuer Rating A1+(NG)


2021-08-30 | Rating Announcement

Rating ScaleRating ClassRating
National Scale Long Term Issuer Rating A+(NG) | Positive outlook
National Scale Short Term Issuer Rating A1(NG)

More Information

Lagos State Government 

Lagos State Government's NGN100Bn Series III Fixed Rate Bonds  NGN100Bn Series III Fixed Rate Bonds

Lagos State Government's NGN115Bn Series I Fixed Rate Bonds  NGN115Bn series 1 fixed rate bonds

Lagos State Government's NGN137.328Bn Series IV Fixed Rate Bonds  NGN137.328Bn Series IV Fixed Rate Bonds

Lagos State Government's NGN38.77Bn Series II Tranche II Fixed Rate Bonds  NGN38.77Bn Series II Tranche II Fixed Rate Bonds

Lagos State Government's NGN5.336Bn Series II Tranche IV Fixed Rate Bonds  NGN5.336Bn Series II Tranche IV Fixed Rate Bonds

Lagos State Government  Programme 3, Series 1

Lagos State Government of Nigeria  Programme 3: Series 1 -- N47bn Fixed Rate Bond

Lagos State Government's N230bn Programme 4 Series 4 Bonds  Senior Unsecured Bond

Lagos State Government  Senior Unsecured Fixed Rate Bonds (N6.9bn)

Lagos State Government of Nigeria  Senior Unsecured P3S2 Tranche I N46.4bn Bonds

Lagos State Government's N14.8bn Programme 4 Series III Fixed Rate Green Bonds  Up to N14.815bn 5-Year Series III Fixed Rate Green Bonds

Lagos State Government (Aug 2025)

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Lagos State Government (Dec 2023)

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Lagos State Government (Oct 2024)

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Lagos State Government of Nigeria (2017-12)

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Lagos State Government of Nigeria (2018-01)

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Lagos State Government of Nigeria (2019-05)

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Lagos State Government of Nigeria (2020-01)

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Lagos State Government of Nigeria (2021-06)

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Ogun State Government of Nigeria (Dec 2024)

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Ownership tussle over Dangote Cement’s Obajana Cement Plant not impacting their credit rating currently (19 Oct 2022)

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