BusinessDay
Nigeria's leading finance and market intelligence news report.

Nigerian firms choose commercial papers over bonds amid lower finance cost

…as corporates issue N466bn CP in H1

While Nigerian companies are taking advantage of the low interest rate environment to raise capital, the short-term commercial paper (CP) is most preferred by corporates to bonds due to the low cost of finance and the short maturity period, as compiled from a survey by BusinessDay. Out of the total N658.5 billion debt issued in…

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