National Economy
Saturday, May 24, 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

Obasanjo, Sanwo-Olu, Adesina, Others To Speak At AgriConnect Summit 2025

Access Bank, Deloitte Collaborate To Enhance Sustainable Growth For SMEs

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

Obasanjo, Sanwo-Olu, Adesina, Others To Speak At AgriConnect Summit 2025
News

Obasanjo, Sanwo-Olu, Adesina, Others To Speak At AgriConnect Summit 2025

2 days ago
DLM
News

Access Bank, Deloitte Collaborate To Enhance Sustainable Growth For SMEs

2 days ago
NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools
Business

NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools

2 days ago
PalmPay To Empower 5,000 Women, Youths In Kano
News

PalmPay To Empower 5,000 Women, Youths In Kano

2 days ago
Aviation Ministry To Partner TV Station On Projects
News

Aviation Ministry To Partner TV Station On Projects

2 days ago
Nigeria Raises Concerns Over Trump’s Order On Taxes, Tariffs For Foreign Countries
News

Trump To Host Private Dinner For Top Crypto Investors

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

Obasanjo, Sanwo-Olu, Adesina, Others To Speak At AgriConnect Summit 2025

Obasanjo, Sanwo-Olu, Adesina, Others To Speak At AgriConnect Summit 2025

May 22, 2025
DLM

Access Bank, Deloitte Collaborate To Enhance Sustainable Growth For SMEs

May 22, 2025
NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools

NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools

May 22, 2025
PalmPay To Empower 5,000 Women, Youths In Kano

PalmPay To Empower 5,000 Women, Youths In Kano

May 22, 2025
Aviation Ministry To Partner TV Station On Projects

Aviation Ministry To Partner TV Station On Projects

May 22, 2025
HDAN Proposes Conversion Of Seized Estate Into Affordable Homes

HDAN Proposes Conversion Of Seized Estate Into Affordable Homes

May 22, 2025
Nigeria Raises Concerns Over Trump’s Order On Taxes, Tariffs For Foreign Countries

Trump To Host Private Dinner For Top Crypto Investors

May 22, 2025

Dangote Refinery Announces New Reduction In Petrol Prices Across Nigeria

May 22, 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