The appetite for short-term debt is hitting a fever pitch as companies aggressively utilise the Commercial Paper (CP) market.
Companies turn to Commercial Paper as a cheaper alternative to traditional bank loans for increased working capital.
Commercial paper issuances climbed to N143.19 billi
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Chioma Nwangwu
Chioma Nwangwu is a Tax Reporter at BusinessDay, covering Nigeria’s tax policies, regulatory reforms, and compliance trends. She reports on how evolving tax rules impact businesses, investors, and the economy, translating complex fiscal regulations into clear, actionable insights.