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Norrenberger Achieves N608.9bn Transactions in H1 2026

Norrenberger Achieves N608.9bn Transactions in H1 2026

Norrenberger reported N608.93 billion in transactions for the first half of 2026, demonstrating robust confidence in the Nigerian capital market. The firm, led by Managing Director Oladipo Olakunl Jinadu, facilitated 20 capital market transactions, comprising 18 debt deals valued at N540.76 billion and two equity transactions worth N68.17 billion.

These transactions spanned various sectors, including energy, gas, infrastructure, oil and gas services, manufacturing, agriculture, financial services, fintech, insurance, consumer goods, and building materials. Notable highlights included significant oversubscription rates for several issuances, such as Coleman Technical Industries Limited's commercial paper at 276%, Sycamore Integrated Solutions Limited at 225%, and VFD Group PLC at 181%.

The firm also successfully executed a N50.67 billion rights issue for VFD Group PLC, achieving full subscription. Norrenberger aims to enhance access to long-term financing for businesses and support the development of Nigeria's capital market.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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