30 MINUTES DELAYED DATA: ABB2026S0 N100.000.00 % ABBEYBDS [BLS] N2.700.00 % ABC2027S0 N100.000.00 % ABCTRANS N0.630.00 % ACADEMY N2.030.00 % ACCESSCORP N19.00-0.30 % ADV2028S1A N100.000.00 % ADV2031S1B N100.000.00 % AFRINSURE [MRF] N0.200.00 % AFRIPRUD N6.800.00 % AFROMEDIA [MRF] N0.240.00 % AIICO N0.980.00 % AIRTELAFRI N2150.000.00 % ALEX [BLS] N7.150.00 % ARBICO N1.030.00 % ASOSAVINGS [DIP] N0.500.00 % AUSTINLAZ [DIP] N2.000.00 % AVAIF N1000000.000.00 % AXA2027S1 N100.000.00 % BAPLC N6.250.00 % BAU2021S1 N100.000.00 % BERGER N15.000.00 % BETAGLAS N59.400.00 % BUA2027S1 N100.000.00 % BUACEMENT N143.200.00 % BUAFOODS N379.900.00 % CADBURY N15.25-0.75 % CAP N36.000.00 % CAPHOTEL [BLS] N3.020.00 % CAPOIL [MRF] N0.200.00 % CAVERTON [MRF] N1.500.00 % CHAMPION [BLS] N2.720.00 % CHAMS N1.890.04 % CHELLARAM N4.100.00 % CHIPLC N1.090.00 % CIL2028S2 N100.000.00 % CILEASING [MRF] N2.60-0.20 % CMB2025S1 N100.000.00 % CONHALLPLC N1.440.06 % CONOIL [MRF] N105.000.00 % CORNERST [MRF] N1.970.00 % CSF2025S1 N100.000.00 % CUSTODIAN N9.35-0.50 % CUTIX N4.000.30 % CWG N5.850.00 % DAARCOMM N0.52-0.05 % DAN2026S1TB N100.000.00 % DAN2027S2TA N100.000.00 % DAN2028S1TC N100.000.00 % DAN2029S2TB N100.000.00 % DAN2032S2TC N100.000.00 % DANGCEM N656.700.00 % DANGSUGAR N47.000.00 % DCM2025S1 N100.000.00 % DEAPCAP [DWL] N0.520.00 % DIF2029S1TA N100.000.00 % DIF2032S1TB N100.000.00 % DIF2032S2 N100.000.00 % DUNLOP [MRS] N0.200.00 % EKOCORP [BMF] N5.800.00 % ELLAHLAKES N2.930.00 % ENAMELWA N19.300.00 % EPF2026S1 N100.000.00 % ETERNA N15.000.00 % ETI N21.35-2.35 % ETRANZACT [BLS] N4.550.00 % EUNISELL N3.200.00 % FBNH N23.000.10 % FBQ2030S2 N100.000.00 % FCMB N7.900.05 % 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 % FG112034S2 N100.000.00 % FG112034S2 N100.000.00 % FG132026S1 N100.080.00 % FG132026S1 N100.080.00 % FG132036S2 N100.000.00 % FG132036S2 N100.000.00 % FG142027S1 N98.160.00 % FG142027S1 N98.160.00 % FG142037S2 N100.000.00 % FG142037S2 N100.000.00 % FG152025S2 N102.890.00 % FG152025S2 N102.890.00 % FG152028S1 N98.000.00 % FG152028S1 N98.000.00 % FG162029S1 N40.000.00 % FG162029S1 N40.000.00 % FG162049S2 N95.000.00 % FG162049S2 N95.000.00 % FG172035S1 N20.000.00 % FG172035S1 N20.000.00 % FG172045S3 N100.000.00 % FG172045S3 N100.000.00 % FG172050S2 N105.000.00 % FG172050S2 N105.000.00 % FG182032S2 N100.000.00 % FG182042S1 N100.000.00 % FG192033S1 N100.000.00 % FG192038S2 N100.000.00 % FG192053S3 N84.860.00 % FG202027S3 N100.000.00 % FG202029S5 N100.000.00 % FG202031S1 N96.08-3.92 % FG202033S6 N100.000.00 % FG202034S2 N97.320.00 % 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 % FGB2026S2 N108.000.00 % FGB2026S2 N108.000.00 % FGEUR2025S5 N100.000.00 % FGEUR2027S2 N100.000.00 % FGEUR2028S10 N100.000.00 % FGEUR2029S4 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 % FGS202402 N90.020.00 % FGS202404 N71.000.00 % FGS202406 N98.460.00 % FGS202408 N40.050.00 % FGS202419 N100.000.00 % FGS202421 N70.000.00 % FGS202423 N103.350.00 % FGS202425 N100.000.00 % FGS202427 N80.000.00 % FGS202429 N100.000.00 % FGS202431 N85.000.00 % FGS202495 N100.000.00 % FGS202497 N93.000.00 % FGS202499 N70.000.00 % FGS202510 N100.000.00 % FGS202512 N60.000.00 % FGS202514 N100.000.00 % FGS202516 N100.630.00 % FGS202518 N100.000.00 % FGS202520 N100.000.00 % FGS202522 N70.000.00 % FGS202524 N100.000.00 % FGS202526 N70.000.00 % FGS202528 N55.000.00 % FGS202530 N60.000.00 % FGS202532 N70.000.00 % FGS202533 N100.000.00 % FGS202535 N95.000.00 % FGS202537 N100.000.00 % FGS202539 N90.000.00 % FGS202541 N75.000.00 % FGS202543 N100.000.00 % FGS202545 N85.000.00 % FGS202547 N100.000.00 % FGS202549 N100.000.00 % FGS202551 N55.000.00 % FGS202553 N60.000.00 % FGS202555 N98.000.00 % FGS202634 N60.000.00 % FGS202636 N100.000.00 % FGS202638 N100.000.00 % FGS202640 N100.000.00 % FGS202642 N100.000.00 % FGS202644 N98.960.00 % FGS202646 N100.000.00 % FGS202648 N80.000.00 % FGS202650 N100.000.00 % FGS202652 N60.000.00 % FGS202654 N100.000.00 % FGS202656 N100.000.00 % FGS202657 N70.000.00 % FGS202659 N100.000.00 % FGS202661 N100.000.00 % FGS202663 N100.000.00 % FGS202665 N100.000.00 % FGS202758 N100.000.00 % FGS202760 N90.040.00 % FGS202762 N100.000.00 % FGS202764 N100.000.00 % FGS202766 N100.000.00 % FGSUK2024S1 N97.000.00 % FGSUK2025S2 N94.000.00 % FGSUK2027S3 N71.000.00 % FGSUK2031S4 N95.000.00 % FGSUK2032S5 N100.000.00 % FGSUK2033S6 N100.002.00 % FHSUK202801 N100.000.00 % FHSUK202902 N100.000.00 % FID2031S1 N100.000.00 % FIDELITYBK N9.60-0.40 % FIDSON N14.550.00 % FLOURMILL N41.800.00 % FMN2025S3B N100.000.00 % FMN2026S1 N100.000.00 % FTNCOCOA [RST] N1.300.05 % GEREGU N1000.000.00 % GOLDBREW [BLS] N3.150.00 % GOLDINSURE [MRS] N0.200.00 % GREENWETF N880.000.00 % GTCO N42.051.00 % GUINEAINS [AWR] N0.320.01 % GUINNESS N54.800.00 % HONYFLOUR [BLS] N3.150.00 % IAO2026S1 N100.000.00 % IKEJAHOTEL N7.000.00 % IMG N12.500.10 % INFINITY [BLS] N7.050.00 % INTBREW [BLS] N4.000.00 % INTENEGINS [RST] N1.52-0.01 % JAIZBANK N2.12-0.03 % JAPAULGOLD N1.990.09 % JBERGER N89.500.00 % JOHNHOLT N2.170.00 % JULI N9.490.00 % KGB2022S2 N100.000.00 % LAB2027T2 N100.000.00 % LAB2027T4 N100.000.00 % LAB2031S4 N99.960.00 % LAB2033S1 N100.000.00 % LASACO [MRF] N2.08-0.11 % LASUK2030S2 N100.000.00 % LEARNAFRCA N3.300.00 % LFZ2041S1 N100.000.00 % LFZ2042S2 N100.000.00 % LINKASSURE [MRF] N0.840.00 % LIVESTOCK N1.750.00 % LIVINGTRUST N3.240.00 % LMS2025S2 N100.000.00 % LOTUSHAL15 N30.000.30 % MANSARD N5.58-0.02 % MAYBAKER N5.600.00 % MBENEFIT [MRF] N0.560.00 % MCI2026S1 N100.000.00 % MCNICHOLS N1.050.00 % MECURE N9.570.00 % MEDVIEWAIR [BMF] N1.620.00 % MERGROWTH N68.00-1.10 % MERVALUE N120.84-13.42 % MEYER N5.300.00 % MORISON [MRF] N4.450.00 % MRS N135.000.00 % MTNN N220.700.00 % MULTITREX [DWL] N0.360.00 % MULTIVERSE N12.400.00 % NAHCO N32.10-0.05 % NASCON N36.800.00 % NB N31.902.90 % NCR [MRF] N4.320.00 % NEIMETH [BLS] N1.59-0.01 % NEM N9.550.85 % NESTLE N910.000.00 % NEWGOLD N22750.010.00 % NGXGROUP N23.600.00 % NIDF N114.000.00 % NIGERINS [MRF] N0.200.00 % NMR2027S3 N100.000.00 % NMR2030S1 N100.000.00 % NMR2033S2 N100.000.00 % NNFM N48.300.00 % NOTORE [BLS] N62.500.00 % NOVA2027S1 N100.000.00 % NPFMCRFBK [MRF] N1.630.00 % NSLTECH [MRF] N0.460.00 % NSP2031S2 N100.000.00 % NSP2034S1 N100.000.00 % OANDO [MRF] N15.000.45 % ODB2027S1 N100.000.00 % OKOMUOIL N255.700.00 % OMATEK [RST] N0.650.02 % PBS2026S1 N100.000.00 % PHARMDEKO [MRF] N1.830.00 % PREMPAINTS [MRF] N10.000.00 % PRESCO N323.200.00 % PRESTIGE [BLS] N0.540.00 % PZ N22.000.00 % RAKUNITY [MRF] N0.300.00 % REDSTAREX N3.900.00 % REGALINS [MRF] N0.430.02 % RESORTSAL [MRF] N0.200.00 % RONCHESS N81.000.00 % ROYALEX [MRF] N0.610.02 % RTBRISCOE N0.56-0.03 % SB2024S1TA N100.000.00 % SB2024S1TB N100.000.00 % SCOA N2.150.00 % SEPLAT N3450.000.00 % SFSREIT N101.400.00 % SIAMLETF40 N1111.00101.00 % SIM2025S2 N100.000.00 % SKYAVN N20.400.00 % SMURFIT [MRF] N0.200.00 % SOVRENINS [MRF] N0.440.02 % STACO [MRF] N0.480.00 % STANBIC N53.500.80 % STANBICETF30 N693.0062.99 % STDINSURE [MRF] N0.200.00 % STERLINGNG N4.160.21 % SUNUASSUR N1.240.04 % TAJSUKS1 N99.990.00 % TANTALIZER N0.460.00 % THOMASWY [RST] N1.740.15 % TIP N1.750.05 % TOTAL N388.900.00 % TOURIST [MRF] N2.500.00 % TRANSCOHOT N99.980.00 % TRANSCORP N10.50-0.25 % TRANSEXPR N1.250.00 % TRANSPOWER N373.900.00 % TRIPPLEG N4.130.00 % TSL2030S1 N100.000.00 % UACN N14.451.15 % UBA N23.001.35 % UBN [BMF] N6.650.00 % UBN2029S3 N100.000.00 % UCAP N21.701.70 % UCAP2025S1 N100.000.00 % UHOMREIT N36.600.00 % UNHOMES [DIP] N3.020.00 % UNILEVER N15.05-0.80 % UNIONDAC [DIP] N0.280.00 % UNIONDICON [BRS] N8.100.00 % UNITYBNK [MRF] N1.220.11 % UNIVINSURE N0.33-0.01 % UPDC [BLS] N1.400.07 % UPDCREIT N4.400.00 % UPL N2.300.00 % VANLEER [MRF] N5.450.00 % VERITASKAP N0.71-0.02 % VETBANK N8.150.25 % VETGOODS N18.930.00 % VETGRIF30 N36.300.00 % VETINDETF N47.100.00 % VFDGROUP N202.900.00 % VITAFOAM N17.000.00 % VSPBONDETF N284.990.00 % WAPCO N34.000.95 % WAPIC [MRF] N0.710.00 % WEMABANK N7.100.30 % ZENITHBANK N36.001.00 %

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