National Economy
Wednesday, July 9, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

DLM Capital Group Redeems N3.52bn CP Issues

by Olushola Bello
3 years ago
in Business, News
Reading Time: 1 min read
DLM
Share on FacebookShare on TwitterShare on Telegram

 

The financial institution, DLM Capital Group, has announced the maturity and successful redemption of its N3.52 billion Commercial Paper Issuance Programme.

The N3.52 billion programme comprises N1.24 billion series 1, N1.01 billion Series 2 and N1.27 billion Series 3 CP issues under its N20 billion Commercial Paper Issuance Programme.

The N1.24 billion series 1, N1.01 billion Series 2 and N1.27 billion commercial papers which were all issued via and quoted on the FMDQ Securities Exchange; matured on the May 31, 2022, August 29, 2022, and August 12, 2022 respectively.

You May Like

Trump Threatens 10% Tariff On Countries Aligning With BRICS

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

In line with best practice, the FMDQ has been informed of these redemptions. With a successful outing, the three Series garnered investments from a variety of investors ranging from Pension Fund Administrators(PFAs), Asset Managers, Insurance companies and banks.

Speaking on the successful redemption, the group chief executive officer of DLM Capital Group, Mr. Sonnie Ayere, said, “We are pleased to have fully repaid all the investors in the Series 1, Series 2 and Series 3 CP issuances. We thank all our investors for their participation and reiterate our commitment to being a counterparty that can be relied on for the long term; we have been around for 13 years, and we will continue to contribute our quota to Nigeria’s development.”

He further added that, “these redemptions reflect DLM’s capacity to meet its financial obligations as at when due and we intend to remain an active issuer in the commercial paper market.”

ShareTweetShare
Previous Post

Stakeholders To Improve Agric Production, Value Chain System

Next Post

Protest To Force FG, ASUU To Agree On School Resumption, Says NANS

ANOTHER GOOD READ

Trump Cryptocurrency Drops Amid US Tariff Backlash
News

Trump Threatens 10% Tariff On Countries Aligning With BRICS

2 days ago
China Hits US With Retaliatory Tariffs, Launches Probe Into Google Practices
News

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

2 days ago
CBN Unveils New Liquidity Instruments For NIFIs
Business

CBN Clarifies BVN Fee For Nigerians In Diaspora

2 days ago
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy
News

Fiscal Governance Lifeblood Of National Development— Tinubu

2 days ago
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy
News

At BRICS Summit,Tinubu Demands Reform Of Global Financial, Health Systems

2 days ago
LG Launches “Radio Optimism” Campaign
News

LG Launches “Radio Optimism” Campaign

2 days ago
Next Post
Protest To Force FG, ASUU To Agree On School Resumption, Says NANS

Protest To Force FG, ASUU To Agree On School Resumption, Says NANS

Most Recent

Trump Cryptocurrency Drops Amid US Tariff Backlash

Trump Threatens 10% Tariff On Countries Aligning With BRICS

July 7, 2025
China Hits US With Retaliatory Tariffs, Launches Probe Into Google Practices

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

July 7, 2025
CBN Unveils New Liquidity Instruments For NIFIs

CBN Clarifies BVN Fee For Nigerians In Diaspora

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

Fiscal Governance Lifeblood Of National Development— Tinubu

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

At BRICS Summit,Tinubu Demands Reform Of Global Financial, Health Systems

July 7, 2025
LG Launches “Radio Optimism” Campaign

LG Launches “Radio Optimism” Campaign

July 7, 2025
Are Africans Genetically Inferior?

Are Africans Genetically Inferior?

July 7, 2025
Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

July 7, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy