5 MINUTE DELAYED DATA: ABB2026S0 N100.000.00 % ABBEYBDS [BLS] N1.040.00 % ABCTRANS N0.340.00 % ACADEMY N0.660.00 % ACCESS N9.500.00 % AFRINSURE N0.200.00 % AFRIPRUD N6.450.00 % AFROMEDIA N0.200.00 % AGB2024S0 N100.000.00 % AIICO N0.790.00 % AIRTELAFRI N1050.500.00 % ALEX [BLS] N7.200.00 % ARBICO [BLS] N1.030.00 % ARDOVA N13.450.00 % ASOSAVINGS [DIP] N0.500.00 % AUSTINLAZ [BLS] N2.030.00 % AXA2027S1 N100.000.00 % BAPLC N6.250.00 % BAU2021S1 N100.000.00 % BERGER N7.700.00 % BETAGLAS N52.950.00 % BNB2022S0 N100.000.00 % BUA2027S1 N100.000.00 % BUACEMENT N70.001.50 % BUAFOODS [BLS] N61.80-4.20 % CADBURY N8.800.00 % CAP N19.500.00 % CAPHOTEL [BLS] N3.190.00 % CAPOIL [MRF] N0.200.00 % CAVERTON N1.730.03 % CHAMPION [BLS] N2.430.00 % CHAMS N0.200.00 % CHELLARAM N2.240.00 % CHIPLC N0.700.03 % CIB2023S1 N100.000.00 % CIL2028S2 N100.000.00 % CILEASING N4.200.00 % CMB2025S1 N100.000.00 % CONOIL N21.300.00 % CORNERST N0.51-0.04 % COURTVILLE N0.35-0.02 % CRS2022S1 N108.740.00 % CSF2025S1 N100.000.00 % CUSTODIAN N7.150.00 % CUTIX N2.41-0.05 % CWG [BLS] N1.230.00 % DAARCOMM N0.200.00 % DAN2024S1TA N100.000.00 % DAN2026S1TB N100.000.00 % DAN2028S1TC N100.000.00 % DANGCEM N270.000.00 % DANGSUGAR N17.000.00 % DCM2025S1 N100.000.00 % DEAPCAP [DWL] N0.200.00 % DUNLOP [MRS] N0.200.00 % EKOCORP [BLS] N5.790.00 % ELLAHLAKES N4.250.00 % ENAMELWA N16.200.00 % EPF2026S1 N100.000.00 % ETERNA N6.000.39 % ETI N8.700.10 % ETRANZACT N2.000.00 % EUNISELL N2.910.00 % FBB2022S0 N94.830.00 % FBNH N12.000.00 % FBQ2023S1 N100.000.00 % FBQ2030S2 N100.000.00 % FCMB N3.04-0.01 % 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 N105.470.00 % FG112034S2 N105.470.00 % FG132026S1 N98.000.00 % FG132026S1 N98.000.00 % FG132036S2 N99.500.00 % FG132036S2 N99.500.00 % FG142027S1 N119.820.00 % FG142027S1 N119.820.00 % FG142037S2 N128.080.00 % FG142037S2 N128.080.00 % FG152023S3 N105.460.00 % FG152025S2 N100.000.00 % FG152025S2 N100.000.00 % FG152028S1 N117.890.00 % FG152028S1 N117.890.00 % 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 % 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 % FG9B2022S1 N100.000.00 % 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 % FGEUR2030S8 N100.000.00 % FGEUR2031S6 N100.000.00 % FGEUR2032S1 N100.000.00 % FGEUR2038S7 N100.000.00 % FGEUR2047S3 N100.000.00 % FGEUR2049S4 N100.000.00 % FGS202247 N90.000.00 % FGS202247 N90.000.00 % FGS202249 N95.000.00 % FGS202249 N95.000.00 % FGS202251 N106.150.00 % FGS202251 N106.150.00 % FGS202253 N103.790.00 % FGS202253 N103.790.00 % FGS202255 N101.590.00 % FGS202255 N101.590.00 % FGS202257 N100.000.00 % FGS202257 N100.000.00 % FGS202259 N98.600.00 % FGS202259 N98.600.00 % FGS202261 N99.000.00 % FGS202261 N99.000.00 % FGS202263 N100.000.00 % FGS202263 N100.000.00 % FGS202265 N100.000.00 % FGS202265 N100.000.00 % FGS202267 N99.000.00 % FGS202267 N99.000.00 % FGS202270 N92.440.00 % FGS202270 N92.440.00 % FGS202272 N94.920.00 % FGS202272 N94.920.00 % 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 N100.000.00 % FGS202303 N100.000.00 % FGS202305 N100.000.00 % FGS202307 N100.000.00 % FGS202369 N95.010.00 % FGS202369 N95.010.00 % FGS202371 N100.000.00 % FGS202371 N100.000.00 % 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 N93.880.00 % FGS202388 N100.000.00 % FGS202390 N100.000.00 % FGS202392 N100.000.00 % FGS202394 N100.000.00 % FGS202396 N112.300.00 % FGS202398 N100.000.00 % FGS202402 N100.000.00 % FGS202404 N100.000.00 % FGS202406 N100.000.00 % FGS202408 N100.000.00 % FGS202485 N100.000.00 % FGS202487 N81.000.00 % FGS202489 N103.000.00 % FGS202491 N100.000.00 % FGS202493 N100.000.00 % FGS202495 N100.000.00 % FGS202497 N100.000.00 % FGS202499 N100.010.00 % FGSUK2024S1 N110.000.00 % FGSUK2025S2 N102.200.00 % FGSUK2027S3 N96.00-4.00 % FID2031S1 N100.000.00 % FIDELITYBK N2.650.05 % FIDSON N7.30-0.20 % FLOURMILL N28.250.00 % FMN2023S2 N100.000.00 % FMN2023S3A N100.000.00 % FMN2025S3B N100.000.00 % FTNCOCOA [RST] N0.36-0.01 % GLAXOSMITH N5.950.00 % GMB2019S1 N100.000.00 % GMB2022S1 N100.000.00 % GOLDBREW [BLS] N0.810.00 % GOLDINSURE [MRS] N0.200.00 % GREENWETF N100.000.00 % GSPECPLC N4.190.00 % GTCO N25.15-0.05 % GUINEAINS N0.200.00 % GUINNESS N42.200.00 % HONYFLOUR N3.370.01 % IAO2026S1 N100.000.00 % IKEJAHOTEL N1.280.00 % IMG N9.450.00 % INFINITY [BLS] N1.320.00 % INTBREW [BLS] N4.95-0.20 % INTENEGINS [MRS] N0.380.00 % JAIZBANK N0.66-0.02 % JAPAULGOLD N0.41-0.01 % JBERGER N22.800.00 % JOHNHOLT [MRF] N0.720.00 % JULI N0.910.00 % KGB2020S1 N100.000.00 % KGB2022S2 N100.000.00 % LAB2023S1 N100.000.00 % LAB2027T2 N100.000.00 % LAB2027T4 N100.000.00 % LASACO N1.100.00 % LEARNAFRCA N1.180.00 % LFZ2041S1 N100.000.00 % LINKASSURE N0.51-0.01 % LIVESTOCK N2.12-0.01 % LIVINGTRUST [BLS] N1.040.00 % LMS2025S2 N100.000.00 % LOTUSHAL15 N15.200.00 % MANSARD N2.310.00 % MAYBAKER N4.300.00 % MBENEFIT N0.25-0.02 % MCI2026S1 N100.000.00 % MCNICHOLS N0.770.00 % MEDVIEWAIR [BMF] N1.620.00 % MERGROWTH N17.200.00 % MERVALUE N16.500.00 % MEYER N0.550.00 % MORISON N1.990.00 % MRE2022S1 N100.000.00 % MRE2023S2A N100.000.00 % MRE2023S2B N100.000.00 % MRS N13.550.00 % MTNN N190.000.00 % MULTITREX [DIP] N0.360.00 % MULTIVERSE N0.200.00 % NAHCO N3.800.00 % NASCON N13.100.00 % NB N47.301.30 % NCR N3.000.00 % NEIMETH N1.850.05 % NEM N3.960.00 % NESF N552.200.00 % NESTLE N1435.000.00 % NEWGOLD N9049.990.00 % NGXGROUP N19.40-0.45 % NIGERINS [MRF] N0.200.00 % NMR2027S3 N100.000.00 % NMR2030S1 N100.000.00 % NMR2033S2 N100.000.00 % NNFM N6.550.00 % NOTORE [BLS] N62.500.00 % NOVA2027S1 N100.000.00 % NPFMCRFBK N1.880.00 % NSLTECH N0.200.00 % NSP2031S2 N100.000.00 % NSP2034S1 N100.000.00 % OANDO [MRF] N4.750.02 % ODB2027S1 N100.000.00 % OKOMUOIL N142.000.00 % OMATEK [RST] N0.200.00 % OYB2022S1 N100.000.00 % PBS2026S1 N100.000.00 % PHARMDEKO N2.200.00 % PLA2022SO N100.000.00 % PREMPAINTS N10.000.00 % PRESCO N87.800.00 % PRESTIGE [BLS] N0.510.00 % PZ N7.00-0.15 % RAKUNITY [MRF] N0.300.00 % REDSTAREX N3.230.00 % REGALINS N0.470.01 % RESORTSAL [MRF] N0.200.00 % RONCHESS N81.000.00 % ROYALEX N0.800.00 % RTBRISCOE N0.200.00 % SB2024S1TA N100.000.00 % SB2024S1TB N100.000.00 % SCOA N1.040.00 % SEPLAT N690.000.00 % SFSREIT N67.900.00 % SIAMLETF40 N90.00-8.00 % SIM2023S1 N100.000.00 % SIM2025S2 N100.000.00 % SKYAVN N5.300.00 % SMURFIT [MRF] N0.200.00 % SOVRENINS N0.250.00 % STACO [MRF] N0.480.00 % STANBIC N37.000.00 % STANBICETF30 N80.00-2.50 % STDINSURE [MRF] N0.200.00 % STERLNBANK N1.55-0.02 % SUNUASSUR N0.340.03 % TANTALIZER N0.200.00 % THOMASWY [MRS] N0.350.00 % TIP N0.440.04 % TOTAL N221.900.00 % TOURIST [DIP] N2.840.00 % TRANSCOHOT [BLS] N5.380.00 % TRANSCORP N1.08-0.06 % TRANSEXPR N0.810.00 % TRIPPLEG N0.960.00 % TRN2022S1 N100.000.00 % TSL2030S1 N100.000.00 % UACN N9.150.05 % UBA N8.15-0.10 % UBN [BLS] N5.650.00 % UBN2029S3 N100.000.00 % UCAP N11.150.05 % UCAP2025S1 N100.000.00 % UHOMREIT N36.600.00 % UNHOMES [MRS] N3.020.00 % UNILEVER N13.200.00 % UNIONDAC [DIP] N0.280.00 % UNIONDICON [BRS] N9.900.00 % UNITYBNK N0.48-0.01 % UNIVINSURE N0.200.00 % UPD2023S1 N100.000.00 % UPDC [BLS] N1.180.00 % UPDCREIT N4.000.00 % UPL N2.940.00 % VANLEER N5.450.00 % VERITASKAP N0.21-0.02 % VETBANK N4.130.00 % VETGOODS N5.590.00 % VETGRIF30 N18.490.39 % VETINDETF N20.870.00 % VITAFOAM N21.000.00 % VSPBONDETF N180.480.00 % WAPCO N25.60-0.20 % WAPIC N0.510.03 % WEM2023S1 N100.000.00 % WEMABANK N0.890.00 % ZAM2022S1 N100.000.00 % ZENITHBANK N25.500.00 %

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