NGX Expands Market Offerings With Introduction Of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission, marking another significant expansion of its product suite in a year defined by accelerated innovation.

This development deepens Nigeria’s short-term debt market and reinforces NGX’s role as a versatile hub for capital formation.

The new listing window enables corporates and issuers to list and trade both conventional and non-interest commercial papers directly on the Exchange, providing investors with enhanced visibility, increased transparency and improved liquidity. It also advances NGX’s broader strategy of diversifying its offerings and strengthening the architecture of the domestic capital market.

Commenting on the launch, Temi Popoola, Group Managing Director and CEO of NGX Group, commended the Securities and Exchange Commission for its commitment to enabling market advancement and fostering healthy competition across the ecosystem. He stated: “The introduction of Commercial Paper listings is a pivo