By Eteteonline
Through the issuing of commercial notes, Nigeria’s capital market raised N753 billion between April and October 2025. This demonstrated significant investor trust, according to Securities and Exchange Commission (SEC) Director-General (DG) Emomotimi Agama. According to Agama, the N753 billion helped with short-term funding requirements in industries like manufacturing, energy, and agriculture.
According to the DG, the debt market saw historic transactions, including the issuing of a N200 billion Elektron Finance bond and a N500 billion climate funding vehicle, indicating an increasing interest in infrastructure and sustainable finance initiatives.
“These figures are not just numbers; they represent confidence in our regulatory framework and the resilience of our market architecture.
“Since our last meeting, the Nigerian capital market has demonstrated remarkable depth and adaptability. Between April and October 2025, the commission approved significant transactions across debt, equity, and commercial paper segments, underscoring the market’s capacity to mobilise capital for growth.
“These achievements are essential as we work to position the Nigerian capital market as a catalyst for sustainable economic growth.”
“The time for passive observation is over. Our collective responsibility is to activate these opportunities and position the Nigerian capital market as a true engine of inclusive growth.”
Agama also blamed profit-taking ahead of the proposed 30 percent capital gains tax for the N6.54 trillion market decline in November, but pointed out that the market recovered following policy guarantees and is still up year to date.
“Importantly, despite November’s volatility, the Exchange remains significantly positive year-to-date, with strong gains that reflect the robustness of our market.”
According to him, the commercial paper segment’s impressive performance was a component of larger capital-raising initiatives approved by the commission throughout the review period that included debt, equity, and short-term instruments.
These adjustments, along with continued initiatives to increase participation in the bond market and enhance commodities trading, will establish Nigeria as one of Africa’s top investment destinations.
Add comment