Dangote Cement issues N19.95bn commercial paper, matures May 20
Dangote Cement has issued a N19.95 billion commercial paper with a 181-day tenor, maturing on May 20. This move deepens Nigeria's debt market by providing investors with a new high-grade corporate bond option. The paper carries a competitive yield, attracting institutional investors seeking stable returns. This development signals growing confidence in Nigeria's corporate debt market infrastructure.