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Infrastructure Debt Fund Grows As NGX Admits 303,059 New Units To Official List

Olushola Bello by Olushola Bello
7 seconds ago
in Business
NGX
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The Nigerian Exchange Limited (NGX) has listed an additional 303,059 units of the Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF) on its Daily Official List, following the fund’s first-quarter 2026 scrip dividend.

The listing, which took effect on June 11, 2026, was communicated to trading licence holders and reflects an increase in the fund’s issued units under its dividend reinvestment programme.

According to the NGX notice, the newly admitted units were issued from the NIDF’s Q1 2026 scrip dividend, allowing unitholders to receive additional units in lieu of cash payouts.

With the latest addition, the total issued units of the fund have risen to 1.197 billion, marking a marginal expansion in its capital base.

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The development underscores sustained investor participation in the infrastructure-focused debt fund, which continues to serve as a key channel for long-term capital mobilisation into Nigeria’s infrastructure sector.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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