Nigerian firms targeted ₦446.1 billion in Q3 commercial-paper offers
The ₦446.1 billion was targeted across 43 series by 23 firms; offer targets are not necessarily funds raised.
- Publish date: 2026-10-01
- Category: Standards & Policy
- Original source: Nairametrics
- Reading time: 1 min read
Nairametrics Research counted 23 companies offering commercial paper in Q3 2026, with target offers of ₦446.1 billion across 43 series; the programmes had a combined registered size of ₦1.98 trillion. The 10 largest offers targeted ₦350 billion, or 78.5% of the quarter’s tracked total, mainly for working capital.
Pivot Integrated Energy Services led with a ₦100 billion target across 3 series; Payaza Africa and Sunny Owo Ventures each targeted ₦50 billion. 2 of the 10 largest offers used non-interest Murabahah structures. The figures are offer targets, not amounts all necessarily raised.