As of December 10, 2025, Nigerian corporates have raised a total of N1.55 trillion through fixed-income instruments, including commercial papers (CPs) and corporate bonds. This represents a 19 percent increase from the N1.31 trillion mobilised in 2024.
It underscores the growing appetite for debt financing, considering the prohibitive commercial lending costs in Nigeria since 2024.
These figures are based on listings of commercial papers and corporate bonds on the FMDQ Exchange platform.
However, while the overall value of funds raised
