3 d. ago Manager, 2 Others Nabbed For Alleged Theft, Vandalism At Abia Firm

An unnamed facility manager at the moribund Aba Textile Mills Plc located at Aba in Abia State, alongside two other workers, have been arrested for allegedly stealing and vandalising properties at the facility. The Abia State government had recently announced plans to reactivate the company along with Star Paper Mill Limited in the commercial town. […]

Politics

5 d. ago SG HOLDINGS’ CP Programme Oversubscribed: A Vote of Investors’ Confidence

SG Holdings Limited, a leading downstream Oil and Gas company and a rising force in international shipping, has successfully completed its debut commercial paper (CP) issuance—Series 1 and 2—marking a significant milestone in its corporate journey. Originally targeting ₦30 billion, the programme was met with strong demand from the investment community, ultimately raising ₦34.6 billion—an Read More

Politics

7 d. ago Agroeknor Announces Oversubscription of Debut Commercial Paper Issuance

Lagos, Nigeria – April 11, 2025. Agroeknor, a leading agribusiness and agro-processing company specializing in the export of high-value agricultural read more Agroeknor Announces Oversubscription of Debut Commercial Paper Issuance

Politics

2 w. ago FairMoney’s Commercial Paper Oversubscribed – Raises N5.3 billion, A Testament to Strong Financial Performance and Investor Confidence

FairMoney, a leading provider of innovative financial services and digital lender in Nigeria, is thrilled to announce the successful raising read more FairMoney’s Commercial Paper Oversubscribed – Raises N5.3 billion, A Testament to Strong Financial Performance and Investor Confidence

Economics

2 w. ago Banks turn to commercial papers amidst increasing deposit costs, high CR policies

Tribune Online Banks turn to commercial papers amidst increasing deposit costs, high CR policies NIGERIAN banks are increasingly relying on costly short-term commercial papers (CPs) to address liquidity challenges as the Central Bank of Nigeria (CBN) enforces stringent cash reserve policies, driving up deposit costs, Bloomberg reports. Access Holdings Plc, Nigeria’s largest bank by assets, the Providus Bank Limited N100.00 billion Commercial Paper Programme registration of the NOVA Merchant […] Banks turn to commercial papers amidst increasing deposit costs, high CR policies Tribune Online

Politics

last month Cedrus partners RusselSmith on N3bn commercial paper issuance

Cedrus Capital Limited, a financial advisory firm under Cedrus Group Africa, has successfully arranged the oversubscribed N3bn series one commercial paper issuance for RusselSmith Nigeria Limited, the company said in a statement on Tuesday, a financial advisory firm under Cedrus Group Africa, has successfully arranged the oversubscribed N3bn series one commercial paper issuance for RusselSmith Read More

Politics