30 MINUTES DELAYED DATA: ABB2026S0 N100.000.00 % ABBEYBDS [BLS] N1.700.00 % ABCTRANS N0.300.00 % ACADEMY [MRF] N1.170.00 % ACCESSCORP N9.500.00 % ADV2028S1A N100.000.00 % ADV2031S1B N100.000.00 % AFRINSURE [MRF] N0.200.00 % AFRIPRUD N5.550.00 % AFROMEDIA N0.200.00 % AGB2024S0 N100.000.00 % AIICO N0.64-0.01 % AIRTELAFRI N1732.400.00 % ALEX [BLS] N7.200.00 % ARBICO N1.030.00 % ARDOVA [MRF] N13.750.00 % ASOSAVINGS [DIP] N0.500.00 % AUSTINLAZ [BLS] N2.030.00 % AXA2027S1 N100.000.00 % BAPLC N6.250.00 % BAU2021S1 N100.000.00 % BERGER N6.850.00 % BETAGLAS N51.200.00 % BUA2027S1 N100.000.00 % BUACEMENT N71.900.00 % BUAFOODS N55.002.10 % CADBURY N17.250.00 % CAP N18.150.00 % CAPHOTEL [BLS] N3.400.00 % CAPOIL [MRF] N0.200.00 % CAVERTON N1.050.00 % CHAMPION [BLS] N3.740.34 % CHAMS N0.240.00 % CHELLARAM N2.240.00 % CHIPLC N0.670.00 % CIB2023S1 N100.000.00 % CIL2028S2 N100.000.00 % CILEASING [MRF] N3.200.00 % CMB2025S1 N100.000.00 % CONOIL N28.800.00 % CORNERST N0.620.00 % COURTVILLE N0.47-0.03 % CSF2025S1 N100.000.00 % CUSTODIAN N7.000.00 % CUTIX N2.400.00 % CWG [BLS] N0.800.00 % DAARCOMM N0.200.00 % DAN2024S1TA N100.000.00 % DAN2026S1TB N100.000.00 % DAN2028S1TC N100.000.00 % DANGCEM N275.000.00 % DANGSUGAR N16.00-0.15 % DCM2025S1 N100.000.00 % DEAPCAP [DWL] N0.200.00 % DUNLOP [MRS] N0.200.00 % EKOCORP [BMF] N5.790.00 % ELLAHLAKES N3.960.00 % ENAMELWA N16.200.00 % EPF2026S1 N100.000.00 % ETERNA N7.500.00 % ETI N9.700.00 % ETRANZACT N2.200.00 % EUNISELL N2.910.00 % FBNH N10.550.45 % FBQ2023S1 N98.240.00 % FBQ2030S2 N100.000.00 % FCMB N3.30-0.20 % FFFBNBALF N146.140.00 % FFFBNFIF N1234.590.00 % FFFBNMMF N100.000.00 % FFFRONTIER N121.430.00 % FFFSDHCGF N3002.680.00 % FFFSDHCIF N2858.810.00 % FFIONEABMM N100.000.00 % FFIONEVBF N2.150.00 % FFIONEVGIF N1.000.00 % FFLEGYDTFD N3.350.00 % FFLEGYEYFD N1.180.00 % FFLEGYMMFD N100.000.00 % FFLEGYUBFD N1.040.00 % FFSFSFIXED N1.030.00 % FFUNCAPBDF N1.650.00 % FFUNCAPBLF N1.230.00 % FFUNCAPEBF N109.300.00 % FFUNCAPEQF N0.720.00 % FFUNCAPMMF N1.000.00 % FFUNCAPWFF N1.120.00 % FG112024S1 N118.320.00 % FG112024S1 N118.320.00 % FG112034S2 N101.000.00 % FG112034S2 N101.000.00 % FG132026S1 N110.760.00 % FG132026S1 N110.760.00 % FG132036S2 N100.450.00 % FG132036S2 N100.450.00 % FG142027S1 N120.000.00 % FG142027S1 N120.000.00 % FG142037S2 N125.970.00 % FG142037S2 N125.970.00 % FG152023S3 N103.000.00 % FG152025S2 N100.000.00 % FG152025S2 N100.000.00 % FG152028S1 N101.000.00 % FG152028S1 N101.000.00 % FG162029S1 N102.470.00 % FG162029S1 N102.470.00 % FG162049S2 N145.050.00 % FG162049S2 N145.050.00 % FG172035S1 N114.310.00 % FG172035S1 N114.310.00 % FG172045S3 N100.000.00 % FG172045S3 N100.000.00 % FG172050S2 N105.000.00 % FG172050S2 N105.000.00 % FG182032S2 N100.000.00 % FG182042S1 N100.000.00 % FG5B2028S5 N100.000.00 % FG5B2028S5 N100.000.00 % FG6B2029S3 N100.000.00 % FG6B2029S3 N100.000.00 % FG6B2029S5 N100.000.00 % FG6B2029S5 N100.000.00 % FG7B2030S3 N70.500.00 % FG7B2030S3 N70.500.00 % FGB2022S1 N100.000.00 % FGB2022S1 N100.000.00 % FGB2026S2 N108.000.00 % FGB2026S2 N108.000.00 % FGDIA2022S1 N100.000.00 % FGEUR2023S9 N98.190.00 % FGEUR2025S5 N100.000.00 % FGEUR2027S2 N100.000.00 % FGEUR2028S10 N100.000.00 % FGEUR2030S8 N100.000.00 % FGEUR2031S6 N100.000.00 % FGEUR2032S1 N100.000.00 % FGEUR2033S11 N100.000.00 % FGEUR2038S7 N100.000.00 % FGEUR2047S3 N100.000.00 % FGEUR2049S4 N100.000.00 % FGEUR2051S12 N100.000.00 % FGS202257 N100.000.00 % FGS202257 N100.000.00 % FGS202259 N100.000.00 % FGS202259 N100.000.00 % FGS202261 N100.000.00 % FGS202261 N100.000.00 % FGS202263 N100.010.00 % FGS202263 N100.010.00 % FGS202265 N100.010.00 % FGS202265 N100.010.00 % FGS202267 N98.060.00 % FGS202267 N98.060.00 % FGS202274 N100.000.00 % FGS202274 N100.000.00 % FGS202276 N100.000.00 % FGS202276 N100.000.00 % FGS202278 N100.000.00 % FGS202278 N100.000.00 % FGS202280 N100.000.00 % FGS202280 N100.000.00 % FGS202282 N100.000.00 % FGS202301 N90.000.00 % FGS202303 N100.000.00 % FGS202305 N100.000.00 % FGS202307 N100.000.00 % FGS202369 N90.000.00 % FGS202369 N90.000.00 % FGS202371 N97.040.00 % FGS202371 N97.040.00 % FGS202373 N100.000.00 % FGS202373 N100.000.00 % FGS202375 N85.000.00 % FGS202375 N85.000.00 % FGS202377 N100.000.00 % FGS202377 N100.000.00 % FGS202379 N100.000.00 % FGS202379 N100.000.00 % FGS202381 N100.000.00 % FGS202381 N100.000.00 % FGS202383 N100.000.00 % FGS202384 N100.000.00 % FGS202386 N90.000.00 % FGS202388 N90.000.00 % FGS202390 N100.000.00 % FGS202392 N100.000.00 % FGS202394 N90.000.00 % FGS202396 N100.000.00 % FGS202398 N109.500.00 % FGS202402 N100.000.00 % FGS202404 N100.000.00 % FGS202406 N98.460.00 % FGS202408 N100.000.00 % FGS202409 N100.000.00 % FGS202411 N100.000.00 % FGS202413 N100.000.00 % FGS202415 N100.000.00 % FGS202485 N100.000.00 % FGS202487 N81.000.00 % FGS202489 N75.000.00 % FGS202491 N100.000.00 % FGS202493 N99.990.00 % FGS202495 N99.990.00 % FGS202497 N100.000.00 % FGS202499 N99.990.00 % FGS202510 N100.000.00 % FGS202512 N100.000.00 % FGS202514 N100.000.00 % FGS202516 N100.000.00 % FGSUK2024S1 N105.080.00 % FGSUK2025S2 N103.00-12.00 % FGSUK2027S3 N102.000.00 % FHSUK202801 N100.000.00 % FID2031S1 N100.000.00 % FIDELITYBK N3.390.00 % FIDSON N11.200.00 % FLOURMILL N32.50-0.25 % FMN2023S2 N100.000.00 % FMN2023S3A N100.000.00 % FMN2025S3B N100.000.00 % FTNCOCOA [RST] N0.350.00 % GLAXOSMITH N6.100.00 % GMB2019S1 N100.000.00 % GOLDBREW [BLS] N0.810.00 % GOLDINSURE [MRS] N0.200.00 % GREENWETF N100.000.00 % GSPECPLC N2.750.00 % GTCO N20.90-0.05 % GUINEAINS N0.200.00 % GUINNESS N90.500.00 % HONYFLOUR N3.030.03 % IAO2026S1 N100.000.00 % IKEJAHOTEL N1.13-0.02 % IMG N9.150.00 % INFINITY [BLS] N1.270.00 % INTBREW [BLS] N6.000.30 % INTENEGINS [MRS] N0.380.00 % JAIZBANK N0.96-0.01 % JAPAULGOLD N0.300.01 % JBERGER N26.900.00 % JOHNHOLT N0.630.05 % JULI N0.790.00 % KGB2020S1 N100.000.00 % KGB2022S2 N100.000.00 % LAB2023S1 N100.000.00 % LAB2027T2 N100.000.00 % LAB2027T4 N100.000.00 % LASACO N1.030.00 % LEARNAFRCA N2.250.00 % LFZ2041S1 N100.000.00 % LINKASSURE N0.53-0.01 % LIVESTOCK N1.40-0.14 % LIVINGTRUST [BLS] N1.200.00 % LMS2025S2 N100.000.00 % LOTUSHAL15 N15.00-0.50 % MANSARD N2.040.00 % MAYBAKER N3.970.31 % MBENEFIT [MRF] N0.250.00 % MCI2026S1 N100.000.00 % MCNICHOLS N1.850.00 % MEDVIEWAIR [BMF] N1.620.00 % MERGROWTH N17.200.00 % MERVALUE N16.500.00 % MEYER N2.520.00 % MORISON N2.19-0.01 % MRE2023S2A N100.000.00 % MRE2023S2B N100.000.00 % MRS N16.250.00 % MTNN N230.100.60 % MULTITREX [DIP] N0.360.00 % MULTIVERSE N0.200.00 % NAHCO N8.400.00 % NASCON N11.750.00 % NB N60.00-2.50 % NCR N3.600.00 % NEIMETH N1.550.00 % NEM N3.640.00 % NESF N552.200.00 % NESTLE N1400.000.00 % NEWGOLD N9500.000.00 % NGXGROUP N24.600.00 % NIGERINS [MRF] N0.200.00 % NMR2027S3 N100.000.00 % NMR2030S1 N100.000.00 % NMR2033S2 N100.000.00 % NNFM N9.550.00 % NOTORE [BLS] N62.500.00 % NOVA2027S1 N100.000.00 % NPFMCRFBK N1.650.00 % NSLTECH N0.200.00 % NSP2031S2 N100.000.00 % NSP2034S1 N100.000.00 % OANDO [MRF] N5.70-0.20 % ODB2027S1 N100.000.00 % OKOMUOIL N193.500.00 % OMATEK [RST] N0.200.00 % PBS2026S1 N100.000.00 % PHARMDEKO N1.750.00 % PREMPAINTS [MRF] N10.000.00 % PRESCO N165.000.00 % PRESTIGE [BLS] N0.400.00 % PZ N12.50-0.50 % RAKUNITY [MRF] N0.300.00 % REDSTAREX N2.75-0.26 % REGALINS N0.260.00 % RESORTSAL [MRF] N0.200.00 % RONCHESS N81.000.00 % ROYALEX [MRF] N0.970.00 % RTBRISCOE [MRF] N0.480.00 % SB2024S1TA N100.000.00 % SB2024S1TB N100.000.00 % SCOA N1.940.00 % SEPLAT N1290.000.00 % SFSREIT N77.000.00 % SIAMLETF40 N54.000.00 % SIM2023S1 N100.000.00 % SIM2025S2 N100.000.00 % SKYAVN N6.850.00 % SMURFIT [MRF] N0.200.00 % SOVRENINS N0.250.00 % STACO [MRF] N0.480.00 % STANBIC N32.500.00 % STANBICETF30 N66.000.00 % STDINSURE [MRF] N0.200.00 % STERLNBANK N1.530.01 % SUNUASSUR N0.350.00 % TANTALIZER N0.200.00 % THOMASWY [MRS] N0.350.00 % TIP N0.400.00 % TOTAL N234.500.00 % TOURIST [DIP] N2.840.00 % TRANSCOHOT [BLS] N6.250.00 % TRANSCORP N1.250.00 % TRANSEXPR N0.700.00 % TRIPPLEG N0.950.00 % TRN2022S1 N100.000.00 % TSL2030S1 N100.000.00 % UACN N11.100.00 % UBA N7.450.00 % UBN N6.000.00 % UBN2029S3 N100.000.00 % UCAP N12.700.45 % UCAP2025S1 N100.000.00 % UHOMREIT N36.600.00 % UNHOMES [MRS] N3.020.00 % UNILEVER N14.500.00 % UNIONDAC [DIP] N0.280.00 % UNIONDICON [BRS] N8.950.00 % UNITYBNK N0.45-0.04 % UNIVINSURE [MRF] N0.200.00 % UPD2023S1 N100.000.00 % UPDC [BLS] N1.000.00 % UPDCREIT N3.400.00 % UPL N2.880.00 % VANLEER N5.450.00 % VERITASKAP N0.20-0.01 % VETBANK N3.940.00 % VETGOODS N6.26-0.14 % VETGRIF30 N19.13-0.36 % VETINDETF N21.56-0.38 % VITAFOAM N22.500.00 % VSPBONDETF N196.060.00 % WAPCO N27.000.00 % WAPIC [MRF] N0.40-0.01 % WEM2023S1 N100.000.00 % WEMABANK N3.150.00 % ZENITHBANK N21.650.05 %

Debt

The Nigerian Exchange Limited (NGX) debt market provides access to a range of fixed income securities from local and international issuers. Through its vast network of Trading License Holder Firms and an integrated trading platform, NGX provides institutional and retail investors access to one of the most liquid bond markets in Sub-Saharan Africa. 

Fixed Income

Bonds are fixed income instruments issued by entities to raise funds. The issuer of a bond presents the bond as a promise to make available regular, fixed, income payments to the investor or the buyer of the bond who is also the bondholder. These in​come payments are known as coupons and bonds which pay coupons twice a year are known as semi-annual coupon bonds. There are also bonds that make coupon payments annually, known as annual coupon bonds. Bonds which make no coupon payments are called zero coupon bonds, or deep discount bonds. In making a decision to buy a bond, investors should consider a number of factors such as the tenure of the bond, the coupon payments expressed as a single percentage rate, and the yield-to-maturity or just simply, yield. 

The Nigerian Exchange (NGX) hosts and lists different fixed income instruments on its platform which include:

Federal Government Bonds are the most liquid and capitalized bonds on the NGX. The Federal Government issues bonds in the primary market through the Debt Management Office at its monthly auctions and these bonds are subsequently listed on the Exchange for trading. These bonds are backed by the full faith and credit of the Federal Government of Nigeria and are semi-annual, coupon-paying bonds. Income earned on FGN Bonds is tax-free.
FGN Savings Bonds are a new initiative launched by the DMO in partnership with the NGX to give retail investors an opportunity to contribute to the growth and development of the nation. The FGN Savings Bonds are currently issued for 2-yr and 3-yr tenures and pay coupons quarterly. They are tax-free and are backed by the full faith and credit of the Federal Government.
State/Local Government Bonds are regarded as Sub-National Bonds and are issued by State or Local Governments usually to raise capital to fund projects in the state or municipality. Like FGN Bonds, these bonds are semi-annual coupon paying bonds and are backed by the State or Local Government issuing the bonds.
Supranational bonds are issued by supranational entities which are formed when two or more sovereign nations with aligned interests unite to pursue a common agenda most often to promote economic development in developing or member economies. These entities often transcend geographical boundaries and have access to deeper pools of capital than would be available in the domestic market. They may issue bonds in the local currency of the domestic economy or may issue Eurobonds which are essentially bonds issued outside a country whose currency the bond is stated in. Supranational institutions sell their bonds on local markets of member countries and in the Eurobond market.
Corporate bonds are issued by private and/or public companies. They usually have higher interest rates or yields than Government Bonds and are backed by the corporate entity issuing the bond.
Green Bonds are bonds issued to fund projects that generate climate or environmental benefits such as renewable energy, sustainable waste management, sustainable land use (forestry or agriculture), clean water etc.
Sukuk refers to the Islamic equivalent of bonds. However, as opposed to conventional bonds, which merely confer ownership of a debt, Sukuk grants the investor a share of an asset, along with the commensurate cash flows and risk. A Sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Sharia – Islamic religious law. Since the traditional Western interest-paying bond structure is not permissible, the issuer of a Sukuk sells an investor group a certificate and then uses the proceeds to purchase an asset, of which the investor group has partial ownership.
Eurobonds are essentially bonds that are issued outside of a country in which the currency of that bond is denominated. In modern times, Eurobonds have become synonymous with bonds issued in the international market and denominated in USD. Sovereigns, Corporates, and Supranational institutions may choose to issue Eurobonds to diversify their funding mix etc.​

You can now buy and sell bonds through your stockbroker just like shares​. 

Bonds Trading Statistics​
Listed Fixed Income
Market Structure
Directory of Trading License Holders