MTN Completes N100bn Commercial Paper Issuance     MTN Nigeria has completed the issuance of its series I and II notes, under its N100bn commercial paper debt programme. The company announced the issuance in a notice to the Nigerian Stock Exchange and the investing public. It priced the Series...

FMDQ Lists Flour Mills’ N30bn Commercial Papers   FMDQ Securities Exchange Limited has announced the approval of the quotation of the Flour Mills of Nigeria Plc N10bn Series 13 and N20bn Series 14 Commercial Paper notes. The notes are part of the firm’s N100bn CP Issuance Programme...

Appetite For CPs Rise As Sterling Bank Raises N35bn In confirmation of THISDAY last week report that more firms were eying the Commercial Paper (CP) market, Sterling Bank Plc has raised N35 billion from the market under its N100 billion CP programme. CPs, which are unsecured...

More Firms Eye CPs As Market Liquidity Hits N1.2tr   The recent sourcing of N50 billion through Commercial Paper (CP) issuance by Dangote Cement Plc has ignited fresh interest among companies to focus attention on that segment of the market, THISDAY checks have revealed. CPs are...

Stanbic IBTC, Dangote Cement Partners On N50b Commercial Paper Issuance   Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaies of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to announce the issuance of a N50billion Series 1 and 2 Notes,...

Capital: Dangote Cement To Raise N150bn Via Commercial Paper Dangote Cement Plc (DCP) is to raise N150 billion fresh capital through the issuance of a Commercial Paper (CP). In a notification to the Nigerian Stock Exchange (NSE) yesterday, the biggest cement manufacturing firm in Africa,...