FSDH

Analysts at FSDH says firms will issue more commercial papers in H2’18

Financial analysts at FSDH Research, an arm of FSDH Merchant Bank Limited, have said the issuance of commercial papers by firms in the country will increase in the second half of the year. A commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and […]

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FILE PHOTO: Central Bank of Nigeria's logo is seen on the headquarters building in Abuja, CBN

CBN ready to lend large companies via Commercial Papers

Determined to make low-interest, long-term funds available to the real sectors of the nation’s economy, the Central Bank of Nigeria (CBN) yesterday, announced its readiness to lend to large companies in the country by buying Commercial Papers (CPs) issued by such firms. CBN Governor, Mr. Godwin Emefiele, disclosed this at the end of the Monetary […]

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