Echotitbits – Nigeria News

Tag: corporate finance

  • FCMB–TLG Private Debt Fund Cleared to Raise ₦20bn in New Series

    FCMB–TLG Private Debt Fund Cleared to Raise ₦20bn in New Series

    2025-12-30 13:30:00

    According to Punch, FCMB Asset Management has received regulatory approval to issue up to ₦20bn under the FCMB‑TLG Private Debt Fund Series II, opening the door for a new fundraising cycle.

    The report said the approval moves the manager from documentation into rollout, targeting investors seeking structured private‑debt exposure in Nigeria’s tightening credit environment.

    Market participants see private debt funds gaining traction as investors balance yield goals with a preference for managed credit structures over direct lending.

    Nairametrics reported the same approval, describing the Series II clearance as “a significant milestone” for the fund’s strategy. TheCable also carried a company‑style update stating the manager “has received regulatory approval,” referencing the execution of transaction documents following the approval.

    Echotitbits take: Private debt is becoming a key middle lane between bank loans and public bonds. Watch the pricing terms, sector allocation, and whether the fund leans into ESG‑style screening or purely yield‑driven credit.

    Source: The Punch — December 30, 2025 (https://punchng.com/fcmb-tlg-private-debt-fund-gets-approval-for-series-ii-issuance/)

    The Punch 2025-12-30

    Photo Credit: The Punch

  • SEC flags ₦753bn commercial-paper surge as firms tap short-term funding

    SEC flags ₦753bn commercial-paper surge as firms tap short-term funding

    2025-12-29 09:00:00
    Reporting by The Nation indicates Nigeria’s capital-market regulator says companies raised over ₦753bn through commercial paper issuance within months, pointing to renewed appetite for short-term, non-bank funding as businesses cover working-capital needs.

    Commercial paper has increasingly become a bridge instrument for corporates facing tight credit conditions, higher borrowing costs and volatile cashflows, especially in manufacturing and supply chains.

    SEC leadership has tied the momentum to broader market-structure reforms, arguing that faster settlement and deeper participation can improve liquidity and reduce risk for investors.

    In effect, the regulator is projecting the surge as evidence of confidence in market plumbing and regulation, even as macro pressures remain.

    The Whistler quoted the SEC DG saying, “Commercial paper issuance remained vibrant, with over N753bn raised…,” while The Guardian quoted him on settlement reforms: “By shortening the settlement period, we have enhanced liquidity….”

    Echotitbits take: The key watch item is pricing and rollover risk. If firms keep issuing at very high yields, the market may be masking stress rather than solving it. Watch for defaults, delayed redemptions, and whether issuers shift to longer-dated bonds.

    Source: BusinessDay — https://businessday.ng/markets/article/nigeria-records-over-n753bn-commercial-paper-issuances-in-6-months/?amp – December 29, 2025
    BusinessDay 2025-12-29

    Photo Credit: BusinessDay

  • Champion Breweries opens ₦15.91bn rights issue to fund Bullet brand expansion push

    Champion Breweries opens ₦15.91bn rights issue to fund Bullet brand expansion push

    2025-12-15 08:00:00

    According to The Punch, Champion Breweries opened a ₦15.91bn rights issue to eligible shareholders as part of a wider capital-raising programme tied to acquisition and expansion plans.

    Punch reports the offer involves 994,221,766 ordinary shares priced at ₦16 per share, with proceeds expected to support the strategic acquisition of the Bullet brand and strengthen its growth agenda.

    The company’s fundraising plan, the report notes, also envisages a public offer to follow after the rights issue.

    Analysis/Echotitbits take: Rights issues can dilute or strengthen depending on execution and use of proceeds. Watch subscription levels, timelines for the Bullet acquisition close, and whether the subsequent public offer improves liquidity and free-float on NGX.

    Source: THISDAYLIVE — November 26, 2025

    THISDAYLIVE https://www.thisdaylive.com/2025/11/26/champion-breweries-commences-n15-91bn-rights-issue-to-strengthen-expansion-strategy/ November 26, 2025