The FCMB—TLG Private Debt Fund Private currency denominated in Naira announced that it had obtained regulatory approval from the Securities and Exchange Commission (SEC) for the launch of its second issue (Series II), worth up to 20 billion naira, approximately $13.7 million.

The offer will be open to investors institutions and wealthy individuals from January 2026, under subject to the latest regulatory approvals. The resources mobilized will be deployed in the form of corporate debts in favor of companies of medium-sized operating in several sectors of the Nigerian economy. According to the information provided, the investments will target agriculture, clean energy, education, health, technology, as well as transport and logistics, sectors consistent with United Nations sustainable development goals. The fund provides for also to integrate environmental, social and governance criteria (ESG) in its investment strategy, in order to combine returns risk-adjusted attractants and contribution to the sustainable development of the Nigerian economy.

The FCMB—TLG fund intends to facilitate the access of Nigerian SMEs to financing in local currency, in a environment characterized by high capital demand and volatility of the financial markets, through this operation, which follows the success of The Series I.