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Dangote Sugar to Secure $69.56M Through Commercial Paper Issuance

Dangote Sugar Refinery Plc, the sugar company owned by Africa's richest man Aliko Dangote, is looking to raise N100 billion ($69.56 million) through a Commercial Paper (CP) issuance to help it negotiate Nigeria's challenging borrowing climate. The corporation is issuing two tranches of its N150 billion ($104.35 million) CP program. Series 4 offers a ....

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Nigerian Firms Feeling the Heat as Interest Rates March Higher

Nigerian Firms Feeling the Heat as Interest Rates March Higher
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