The Nigerian Exchange Limited (NGX) has approved N15.34 billion of Chapel Hill Denham Management Limited’s Series 11 Nigeria Infrastructure Debt Fund on the domestic market.
It made this known in its weekly report released on December 12, 2025.
According to the NGX, the fund comprises 140.1 million units of N100.00 each, valued at N109.50 each, under the N200 billion issuance programme.
READ ALSO: 10 Nigerian Stocks to Watch in 2026
It stated: “Trading Licence Holders are hereby notified that [an] additional 140,100,000 units of N100 each at N109.50 each of Chapel Hill Denham Management Limited’s Nigerian Infrastructure Debt Fund under the N200 Billion Issuance Program were on Wednesday, 10 December 2025, listed on the Daily Official List of Nigerian Exchange Limited (NGX).”
With the listing, the total outstanding units of Chapel Hill Denham Management Limited’s Nigerian Infrastructure Debt Fund listed on NGX have now increased from 1.056 billion to 1.196 billion units of N100 each.
READ ALSO: Reserves at $46bn: Why CBN Should Target a $100bn Minimum Buffer
Pinnacle Daily reports that the Nigeria Infrastructure Debt Fund (NIDF) is the country’s largest and Africa’s first-ever listed infrastructure investment trust, providing long-term, Naira-denominated financing for infrastructure projects in Nigeria.
A closed-ended investment trust, it is operated in the form of a company, registered and regulated by the Nigerian Securities and Exchange Commission and listed on FMDQ and the NGX.
It provides investors with regular, sustained, and long-term distributions while preserving capital by generating exposure to Naira-denominated infrastructure debt in Nigeria, which yields regular, predictable cash flows.
Alex is a business journalist cum data enthusiast with the Pinnacle Daily. He can be reached via ealex@thepinnacleng.com, @ehime_alex on X
