{
  "id": 10131229,
  "title": "Nigeria Infrastructure Debt Fund Launches N45bn Capital Raise to Finance Projects Nationwide",
  "url": "https://urgent.news/2026/09/27/nigeria-infrastructure-debt-fund-launches-n45bn-capital-raise-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-27T03:58:08.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/09/27/nigeria-infrastructure-debt-fund-launches-n45bn-capital-raise-to-finance-projects-nationwide/"
  },
  "original_language": "en",
  "account": "The Nigeria Infrastructure Debt Fund (NIDF) has initiated a N45 billion capital raise, its twelfth since establishment in 2017, to fund more infrastructure projects nationwide. Managed by Chapel Hill Denham, NIDF offers long-term financing for infrastructure ventures. The fund has financed projects amounting to around $625 million and is currently evaluating further investment chances in diverse infrastructure sectors. NIDF has made 37 distributions to investors worth over N100 billion since its inception. The new capital raise would finance additional infrastructure assets. Its unaudited half-year 2026 results revealed a pre-tax profit of N10.63 billion, a decrease from N11.79 billion in the same period of 2025. NIDF has declared a second-quarter distribution of N4.40 per unit. The fund's infrastructure loans are typically priced at floating rates between 300 and 500 basis points above the yield of the 10-year Federal Government of Nigeria bond, which serves as its benchmark.",
  "summary": "Festus Akanbi The Nigeria Infrastructure Debt Fund (NIDF) has launched a N45 billion capital raise to finance additional infrastructure projects across the country. Nairametrics reported that the Series 12 offer",
  "key_points": [
    "Nigeria Infrastructure Debt Fund raises N45 billion for nationwide projects",
    "Managed by Chapel Hill Denham, NIDF finances infrastructure ventures",
    "Fund evaluates further investment opportunities in diverse sectors"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}