NGX broadens market reach, introduces CP listings

By Peter EgwuatuNigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission, SEC, marking another significant expansion of its product suite.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