Country
Nigeria
Sector
Financial Services
Intelligence Type
Capital
Status / Stage
Active
Confidence
Confirmed
Latest Development
CardinalStone Partners — Nigeria’s leading investment bank — acted as lead financial adviser and issuing house for the NGN 501.02 billion NBET Finance Company bond in H1 2026, winning the 2026 African Banker Deal of the Year (Debt) award. This cements CardinalStone as Nigeria’s premier capital markets advisory house for infrastructure bonds.
Capital Details
Capital TypeCapital markets advisory
Investor / FinancierCardinalStone Partners (advisory role)
Recipient / BorrowerNBET Finance Company Plc
Purpose of CapitalLead financial advisory for Nigeria's largest bond issuance of H1 2026
Market Significance
CardinalStone's NBET mandate establishes it as the go-to adviser for Nigerian public-sector capital markets transactions — a role previously dominated by international banks.
Commercial Opportunity Intelligence
Commercial ReadinessCommercially Active
Analyst Notes
Link to Capital record: NBET Finance Company NGN 501bn Bond.
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)African Capital Markets News (June 10, 2026 — African Banker Awards); Nairametrics (July 22, 2026)
Source DateJune–July 2026