Nigeria Infrastructure Debt Fund Records N23.63bn Profit

The Nigeria Infrastructure Debt Fund posted a profit of N23.63bn for the year ended 31 December 2025, up from N19.59bn in 2024. The fund, which invests in infrastructure loans nationwide, recorded a fourth-quarter profit of N6.75bn, compared with N5.91bn in the same period the previous year.

According to its unaudited financial statements, total income for 2025 rose to N25.78bn from N21.58bn in 2024. Interest income on infrastructure loans contributed N21.56bn, while net fair value gains on loans and other income added N1.0bn and N3.21bn, respectively. Total operating expenses were N2.15bn, slightly higher than N1.99bn in 2024.

By the end of 2025, the fund’s total assets were valued at N137.79bn, up from N120.74bn the previous year. Cash and cash equivalents increased to N40.2bn from N25.78bn, while financial assets held at fair value through profit or loss rose to N95.86bn from N93.37bn. Liabilities edged up marginally to N7.05bn from N6.99bn, resulting in net assets of N130.74bn, compared with N113.75bn in 2024. The fund’s net asset value per unit grew to N109.28 from N107.79, with total units increasing to 1,196,358 from 1,055,292. Distributions paid and payable to unitholders for the year amounted to N21.88bn, slightly higher than N19.37bn in 2024.

The fund has also committed an additional N3.0bn to investments and approved two new projects totaling N35.4bn, which are currently in the documentation stage.