NIDF REPORTS N10.63BN PROFIT BEFORE TAX IN H1 2026

The Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF) has announced a profit before tax of N10.63 billion for the first half of 2026, demonstrating resilience in its infrastructure investment portfolio despite a slight year-on-year decline.

The fund, Nigeria’s first listed infrastructure investment trust, also declared a distribution of N4.40 per unit to unitholders, underscoring its commitment to delivering consistent returns. The performance reflects strong interest income from its diversified loan portfolio, which supports critical infrastructure projects across the country.

NIDF’s results come amid ongoing economic challenges but highlight the fund’s focus on long-term, stable-yielding assets. The fund continues to attract institutional and retail investors seeking exposure to Nigeria’s infrastructure sector, which remains a priority for national development.

Analysts view the H1 performance as solid, given the macroeconomic environment, with expectations of sustained growth as the fund expands its portfolio and benefits from government infrastructure initiatives. NIDF’s structure as a closed-ended investment trust allows it to provide predictable income streams while mitigating some market volatility.

The fund’s management expressed confidence in its strategy, noting that infrastructure debt continues to offer attractive risk-adjusted returns for investors. As Nigeria pushes for greater private sector participation in infrastructure financing, NIDF is well-positioned to play a pivotal role.