Quote from Ndubuisi Ekekwe on February 3, 2022, 6:45 PM

Nigerian corporates recorded a sum of $8.88 billion (N3.65 trillion) as deals in 2021, across 177 transactions, representing a significant increase compared to the previous year (FY 2020, 108 deals valued at $4.3 billion/N1.8 trillion).

• Seed/Series Funding was the most popular in terms of deal frequency with 91 deals valued at $1.25 billion (or N516.06 billion).
• Commercial Paper issuance was next most popular with 25 deals valued at $1.05 billion (or N429.93 billion).
• Bond Issuance was the largest deal type with a value of $3.77 billion (or N1.55 trillion) across 22 deals.
• Acquisitions was the next largest deal type with a value of $1.63 billion (or N668.2 billion) across 20 deals.

Read at Nairametrics (PDF)

Source: Nairametrics