Nigeria's Top Bond Issuers Paid Up to 20% to Raise Debt in H1 2026

Nigeria's top corporate bond issuers paid interest rates of up to 20 percent to raise debt in the first half of 2026, reflecting the high cost-of-capital environment created by the CBN's sustained 26.5 percent benchmark rate. The elevated borrowing costs directly constrain the growth financing options for startups and scale-ups operating in Africa's largest economy.