For Businesses
Access capital, grow your business, and unlock opportunities in Nigeria's capital market.
Why Access the Capital Market?
Funding Options
Initial Public Offering (IPO)
List your company on the Nigerian Exchange and offer shares to the public for the first time. An IPO provides significant capital and establishes your company as a publicly traded entity.
- Substantial capital raising potential
- Enhanced company valuation
- Increased public awareness
Private Placement
Raise capital from select institutional or accredited investors without a public offering. Private placements offer flexibility and faster execution compared to public offerings.
- Faster and more cost-effective
- Reduced regulatory requirements
- Maintain greater control
Corporate Bonds
Issue debt securities to raise capital with fixed interest rates. Bonds allow you to access long-term funding without diluting equity ownership.
- No equity dilution
- Tax-deductible interest payments
- Long-term fixed-rate financing
Rights Issue
Offer existing shareholders the right to purchase additional shares at a discounted price. Rights issues allow listed companies to raise additional capital.
- Priority to existing shareholders
- Maintain ownership proportions
- Cost-effective capital raising
The Listing Process
Preparation
Engage advisers, prepare financial statements, and ensure regulatory compliance.
Application
Submit registration statement and required documents to SEC for review.
Review & Approval
SEC reviews application, requests clarifications, and grants approval.
Offering & Listing
Conduct the offering, allocate shares, and commence trading on the exchange.
Listing Requirements
Companies seeking to list on the Nigerian Exchange must meet specific criteria: