Norrenberger Advisory Partners Limited, the investment banking and financial advisory subsidiary of the Norrenberger Group, an Abuja-based integrated financial services group, said it advised on capital market transactions worth N608.93bn in the first half of 2026.
The firm disclosed this in a statement issued on Tuesday, saying it advised on, structured, and participated in 20 debt and equity capital market transactions during the six-month period.
According to the statement, the transactions comprised 18 debt capital market deals valued at N540.76bn and two equity transactions worth N68.17bn.
It said, “During this period, NAPL advised on, structured, and participated in 20 capital market transactions with an aggregate value of approximately N608.93bn. These comprised 18 debt capital market transactions valued at N540.76bn and two equity transactions amounting to N68.17bn.”
The statement added that the transactions covered sectors including energy and gas infrastructure, oil and gas services, manufacturing, agribusiness, financial services, fintech, insurance, consumer goods, building materials, and diversified conglomerates.
According to the firm, several of the transactions recorded strong investor demand, with multiple issuances oversubscribed. It listed Coleman Technical Industries Limited’s commercial paper as recording a 276 per cent subscription, followed by Sycamore Integrated Solutions Limited at 225 per cent, NGN Gram Limited at 200 per cent, VFD Group Plc at 181 per cent, and Payaza Africa Limited’s non-interest commercial paper at 166 per cent.
The statement added that GLNG Funding SPV Plc Series 4 recorded a 147 per cent subscription, while SG Holdings Limited and Homeport Limited each achieved 133 per cent. JohnVents Industries Limited’s non-interest commercial paper was subscribed at 125 per cent, while Sunbeth Global Concept Limited’s non-interest commercial paper attracted a 113 per cent subscription.
“One of the defining characteristics of NAPL’s performance in H1 2026 was the strong investor demand recorded across several transactions. Multiple issuances were oversubscribed, reinforcing investor confidence in well-structured offerings and quality issuers,” the statement said.
It also identified the firm’s role as Lead Issuing House on the N50.67bn rights issue of VFD Group Plc as one of its major transactions during the period, noting that the offer achieved full subscription.
The statement said the successful completion of the transaction reflected the firm’s capabilities in transaction structuring, investor engagement, regulatory execution and capital distribution.
The firm also profiled its Managing Director, Oladipo Olakunle-Jinadu, describing him as an investment banker with more than a decade of experience in Nigeria’s financial services industry.
According to the statement, Olakunle-Jinadu has advised on sovereign bond issuances, commercial papers, equity offers and Shariah-compliant financing programmes, including the Federal Government’s Sukuk Series IV to VI issuances and TajBank Limited’s N10bn Mudarabah Sukuk.
Before joining Norrenberger Advisory Partners, he held investment banking positions at Chapel Hill Advisory Partners Limited and Greenwich Capital Limited, where he specialised in financial analysis, transaction structuring, investor relations, and regulatory advisory.
The PUNCH recently reported that the International Energy Insurance Plc converted a N2bn deposit from Norrenberger Advisory Partners Limited into equity, creating 1.25 billion ordinary shares in the company, following the approval of shareholders at an Extraordinary General Meeting held virtually on 31 December 2025.