-
JenneteUgo Anya
- December 16, 2024
MTN Nigeria Raises ₦72.1bn In Oversubscribed Series
MTN Nigeria Communications PLC has successfully raised ₦72.18 billion through its series 13 and 14 commercial paper (CP) issuance, surpassing its initial target of ₦50 billion by 144 percent due to overwhelming investor interest. This issuance, conducted under the company’s ₦250 billion CP Issuance Programme, marks another milestone in MTN Nigeria’s financing strategy. The series […]
Read More
-
- December 13, 2024
Dangote Sugar Refinery Closes Series 6 , 7 Commercial Paper Offer
Dangote Sugar Refinery (DSR) has closed its Series 6 and 7 commercial paper offerings, aimed at raising up to ₦50 billion as part of its ₦150 billion debt issuance program. This latest move follows the successful issuance of Series 4 and 5 in June 2024, which together raised ₦42.79 billion at attractive discount rates of […]
Read More-
- November 18, 2024
MTN Nigeria Secures ₦75bn In Oversubscribed CPI
MTN Nigeria, the country’s leading mobile network operator, has successfully raised ₦75 billion through its commercial paper issuance (CPI) program, highlighting investor confidence despite a turbulent financial year. The funds, raised under Series 11 and 12 of the company’s ₦250 billion commercial paper issuance programme, will bolster daily operations and address immediate financial obligations. Initially […]
Read More