Pathway Advisors Limited has announced its role as the lead issuing house and financial adviser for a significant oversubscribed Series 2 Commercial Paper Issuance, amounting to N11.45 billion, under Lerki Gardens Estate’s N25 billion Commercial Paper Programme. This issuance, which was initially offered at N10 billion, received overwhelming interest from institutional and corporate investors, leading to a notable increase in the amount issued. The approval for this issuance was granted by the Securities and Exchange Commission in November 2025.

Investor enthusiasm has been attributed to Lekki Gardens' solid history of development and efficient governance, which has fostered considerable confidence in its operational capabilities. The oversubscription highlights the market's belief in Lekki Gardens' liquidity and project execution expertise, which are critical in real estate development. This financial milestone reflects a promising outlook for the company and its ongoing projects in the competitive property sector in Nigeria.

Proceeds from the commercial paper issuance are intended to bolster Lekki Gardens' working capital needs and facilitate the completion of various ongoing developments. This aligns with the company’s strategy to maintain high standards in real estate deliverance, aiming to satisfy rising market demands while continuing to enhance its reputation as a key player in Nigeria's evolving property landscape.