|
Getting your Trinity Audio player ready...
|
…strengthens support for Nigeria’s mineral export sector
Parthian Partners Limited has announced the successful structuring and financing of a landmark N800 million commodity-backed trade transaction, marking a key milestone in its expanding commodity finance operations.
The deal, which involved the export of 25 metric tons of Tin sourced from Jos, Nigeria, demonstrates Parthian’s growing role in bridging the funding gap in Nigeria’s undercapitalised mineral value chain.
Acting as both structuring adviser and financier, Parthian enabled end-to-end execution by providing flexible working capital, overseeing operational milestones, and ensuring adherence to global trade standards.
The firm’s risk-controlled financing supported key stages of the commodity trade cycle, including sourcing, processing, and logistics, while ensuring supplier credibility and quality through the onboarding of verified local partners and vetted processors.
Read also: Investors repaid as Parthian Partners redeem N10bn Bond
Speaking on the transaction, Itoro Nehemiah, investment banking manager at Parthian Partners, who led the structuring of the deal, stated, “This transaction reflects our belief that capital must flow to where it creates the most value. By delivering timely, structured funding to credible supply chains, we’re enabling Nigerian exporters to participate more competitively in global commodity markets. Our approach is practical, risk-aware, and tailored to the realities of commodity trading in sub-Saharan Africa.”
Nigeria’s hard commodities sector, particularly Tin, Lithium, and Columbite, continues to show strong export potential amid global demand. Yet, structural challenges, ranging from aggregation delays to limited access to working capital, have constrained scale.
According to recent figures, the broader mining and quarrying sector’s contribution to GDP dropped to 4.38 percent in the first quarter (Q1) 2025, down from 5.47 percent in Q1 2024, despite metal ores recording the highest year-on-year growth rate of 83.55 percent. This signals a widening gap between potential and realisation, largely due to financing and infrastructure constraints.
Parthian’s role in this transaction highlights its commitment to unlocking trapped value in Nigeria’s non-oil export sector. Through a hands-on understanding of the commodity lifecycle and institutional-grade transaction oversight, the firm continues to deliver innovative financing that balances speed with control.
Read also: Parthian Partners emerges joint issuing house in MOFI’s N100bn investment fund
“We are building Nigeria’s commodity financing infrastructure, one transaction at a time,” Nehemiah added. “This deal is more than a single success. It is a signal of what’s possible when capital meets discipline in a sector that is hungry for both.”
Parthian Partners Limited is a financial services group with deep expertise in fixed income, structured finance, equity markets, and M&A advisory. Licensed by the Securities and Exchange Commission (SEC) since 2012, Parthian is Nigeria’s first inter-dealer broker and a member of the FMDQ Securities Exchange. Since its inception, it has executed over N5 trillion in domestic secondary market transactions and more than $1.5 billion in Eurobond trades.
As the global energy and technology transition accelerates demand for critical minerals, Parthian is positioning itself as a trusted, long-term partner in Africa’s commodity renaissance, connecting credible producers with global markets through capital that works.
