Beyond the trillions of naira raised by banks in their race to meet new paid-up share capital requirements, non-bank corporates have also developed a strong appetite for what they consider non-pressuring finance. Equity, unlike debt, offers breathing room in an era of expensive credit.
Since June 2024, non-banks have tapped the Nigerian Exchange (NGX) fo
Against the backdrop of lending rates that have climbed into the 30 percent range, Nigerian listed firms are increasingly warming up to equity capital as an alternative source of funding.
Beyond the trillions of naira raised by banks in their race to meet new paid-up share capital requirements, non-bank corporates have also developed a strong appetite for what they consider non-pressuring finance. Equity, unlike debt, offers breathing room in an era of expensive credit.
Since June 2024, non-banks have tapped the Nigerian Exchange (NGX) fo
