In search for cheap capital, MTN, Coronation, others raise N362bn commercial paper

Public Offer: MTN is no longer foreign, it is Nigerian – shareholders association

MTN to offer about 90 percent of its 575 million shares in MTN Nigeria to retail investors.

Nigeria’s low-interest-rate environment has created an opportunity for corporates in the telecommunication, agric, oil & gas, financial services and among other industries to tap the debt capital market to raise cheap funds through commercial paper (CP) issuance. Sixteen companies have rais

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```