Nigeria: Debt Capital Markets

A pattern is emerging, one where private-owned monies are being diverted for public borrowing without the notice or express consent of the legal owners. In August 2026, President Bola Tinubu proposed the use of unclaimed dividends and dormant accounts funds to fund the Nigerian Education Loan Fund (“NELFUND”). Dr. Maruf Alausa, the Minister of Education, informed the public that cross ministerial efforts have commenced between the Ministries of Education, Finance and office of the Attorney-General of the Federation towards removing legal hurdles and operationalising this directive.2

Blended finance, is a smart investment method that combines money from the government or charities with private business capital. Its main goal is to push private investment into "frontier" or emerging markets and places that businesses usually avoid because they seem too risky or do not offer high enough returns.

Nigeria's Federal Government has announced plans to raise ₦729 billion through a Series II bond under the Presidential Power Sector Debt Reduction Programme, building on the successful ₦501 billion Series I issuance earlier in 2026. While these capital market interventions aim to resolve verified legacy liabilities and restore liquidity across the Nigerian Electricity Supply Industry, the underlying question remains whether debt resolution alone can break the cycle of accumulating obligations wi

Financing is an important component of every company's formation and growth. For early-stage companies...

One of the common areas of dispute in commercial transactions is the right of a Mortgagee to exercise its power of sale of a mortgaged property following the Mortgagor's failure to repay a loan.

Nigeria's regulatory landscape has shifted materially in 2025 and entered full implementation in January 2026.

The Investments and Securities Act ("ISA") 2025 marks a significant milestone in Nigeria's capital market regulation, coming into effect 18 years after the Investment and Securities Act 2007 (the "Repealed Act").

Vitol Upstream Ghana Limited, ENI Ghana Exploration and Production Limited and the Ghana National Petroleum Corporation (GNPC) ("Parties"), Partners of the Offshore Cape Three Points (OCTP) in Ghana...

The surest way to preserve a debtor's property from dissipation is that the property be attached by a Court order against eventual disposal while proceedings...