Nigeria turns a new page in August,
placing bonds on the block like seeds in fertile soil.
The five-year and seven-year notes…
may be set to clear the old debts haunting the power sector.

Revamping a weary grid…

An urgency hums beneath the numbers,
the DMO calls out…” cash today for tomorrow’s reform!”

So, investors lean in, measuring the wind:
the spread between tenors,
the weight of the bids,
the choice of how much the state will take.

If demand peaks,
the market will speak with confidence…
mid-duration bonds become more than paper,
they turn into tickets for a brighter tomorrow.
Where old debts are buried,
the grid finds new bones,
and at last,
we hold steady light.