MTN Nigeria to raise N72.1bn via Commercial Paper issuance

MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N72.1 billion Series 10 Commercial Paper note under its N250 billion Commercial Paper Issuance Programme

The issuance is part of the Company’s strategy to diversify its funding sources with the funds being deployed towards short term working capital requirement.

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