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JenneteUgo Anya
- July 22, 2024
Nigerian Firms Raise N583.86bn Via Commercial Papers
In the first half of the year 2024, 31 companies have collectively raised N583.86 billion through the issuance of Commercial Paper (CP) to bolster their working capital needs. CP is a widely-used unsecured, short-term debt instrument, typically utilised by corporations to finance payroll, accounts payable, inventories, and other short-term liabilities. The maturity period for CP […]
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