Market News
Nigeria Infrastructure Debt Fund posts N23.63bn profit - PUNCH
The Nigeria Infrastructure Debt Fund has reported a profit of N23.63bn for the year ended 31 December 2025, up from N19.59bn recorded in the same period in 2024. The fund, which invests in infrastructure loans across the country, posted a fourth-quarter profit of N6.75bn, compared with N5.91bn in the corresponding period of 2024.
According to the fund’s unaudited financial statements, total income for the year rose to N25.78bn from N21.58bn in 2024. Interest income on infrastructure loans accounted for N21.56bn, while net fair value gains on loans and other income contributed N1.0bn and N3.21bn, respectively. Total operating expenses stood at N2.15bn, slightly higher than the N1.99bn recorded the previous year.
At the end of 2025, the fund’s total assets were valued at N137.79bn, up from N120.74bn in 2024. Cash and cash equivalents rose to N40.2bn from N25.78bn, while financial assets held at fair value through profit or loss grew to N95.86bn from N93.37bn. Liabilities increased marginally to N7.05bn from N6.99bn, leaving net assets of N130.74bn, compared with N113.75bn in 2024.
The fund’s net asset value per unit also increased to N109.28 from N107.79, with total units rising to 1,196,358 from 1,055,292. Distribution paid and payable to unitholders for the year amounted to N21.88bn, slightly higher than the N19.37bn recorded in 2024.
The fund has committed an additional N3.0bn in investments and approved two more projects aggregating N35.4bn, which are currently under documentation.
