Nigerian Commercial Paper Market Raises N1.51trn In 9 Months

Nigerian Exchange Limited (NGX) has released its third quarter (Q3) 2026 Commercial Paper Market Report, showing the market raised N1.51 trillion across 131 series by 60 issuers in the first nine months of 2026.
Of this, seven series valued at N216.1 billion have been listed on NGX, highlighting the potential to bring a greater share of CP activity onto the Exchange.
Market-wide, N506.4 billion was raised in the third quarter across 46 new series from 28 issuers. Agriculture accounted for the largest share of quarterly issuance at N226.2 billion (45 per cent of the total), followed by Oil & Gas at N106.0 billion and Financial Services at N65.0 billion. Year to date, Agriculture led is...