• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
Friday, July 1, 2022
Leadership News
Read in Hausa
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
Leadership News
No Result
View All Result
Home News Business

FMDQ Approves Robust Commodities Maiden N20bn CP Registration

by Olushola Bello
1 week ago
in Business
0
FMDQ
Share on WhatsAppShare on FacebookShare on TwitterTelegram

FMDQ Securities Exchange Limited, through its board listings and markets committee, has approved the registration of the Robust International Commodities Limited’s  N20 billion Commercial Paper (CP) programme on its platform.

Robust International Commodities Limited is an entity incorporated under Robust International Group, an organisation that is engaged in the international trading of agricultural commodities such as cashew nuts, sesame seeds, rice, maize and gum arabic, amongst others.

This CP Programme, which is sponsored by Coronation Merchant Bank Limited, positions Robust International to raise short-term finance from the Nigerian debt capital market (DCM), through CP issues within its CP Programme limit.

Speaking on the successful CP Programme registration, the chairman and managing director, Robust International Commodities Limited, Mr. Raaghavan Naarayan, stated that, “we are delighted with the successful registration of our N20.00 billion Commercial Paper Programme with FMDQ Exchange. This milestone affirms our ambition to harness the Nigerian capital market in funding our operations and strategy.”

Also, the executive director, Robust International Commodities, Mr. Vishanth Narayan, stated that, “we remain steadfast in our objective to unlock value for our stakeholders. As a leading player in procurement, sourcing, distributions, supplying, buying, selling and dealing in various agricultural commodities, access to short term finance is critical to our short-term working capital needs and the Commercial Paper Programme provides the opportunity to actualise our strategic objectives.”

“We expect funds from this Programme to broaden our potential funding sources and create superior value, and we look forward to a warm reception as we engage with capital market investors under this Programme,” he stressed.

RELATED

mele kyari

Nigeria Earns $1bn From Gas Export To Portugal

6 mins ago
cbn gov emefiele

Cybersecurity: CBN Issues New Guidelines For Financial Institutions From January 2023

9 mins ago

HOW MY CHINESE DOCTOR RECOMMEND THIS MAGIC DRUGS THAT HELP WOMEN PREVENT AND TREAT BREAST CANCER AND ALSO HELP MEN PREVENT AND CURE PROSTRATE ISSUE PERMANENTLY WITHOUT SIDE EFFECTS AND REMISSION!!INEVER BELIEVE IT!!
SendShareTweetShare
ADVERTISEMENT
Previous Post

Tobacco Control: Global Experts Raise Alarm Over Lack Of Reliable Information 

Next Post

EU/INEC Concert: Abuja Youths Troop Old Parade Ground To Register PVC 

ANOTHER GOOD READ

mele kyari
Business

Nigeria Earns $1bn From Gas Export To Portugal

6 mins ago
cbn gov emefiele
Business

Cybersecurity: CBN Issues New Guidelines For Financial Institutions From January 2023

9 mins ago
Buhari Reappoints Oniha As DMO Director General
Business

Buhari Reappoints Oniha As DMO Director General

10 mins ago
wema bank
Business

Wema Bank’s N40bn Rights Issue Opens August

11 mins ago
Tony Elumelu
Business

Heirs Holdings, Africa No Filter Partner On $30,000 Fund For Storytellers

15 mins ago
FMDQ Group Restates Commitment To Sustainable Environmental Practices
Business

FMDQ Exchange Admits Eat & Go Finance N3.50bn Bond

18 mins ago
Next Post
‘Don’t Vote Politicians Buying Nomination Forms With Humongous Sums Of Money’

EU/INEC Concert: Abuja Youths Troop Old Parade Ground To Register PVC 

LATEST UPDATES

We Paid Bandits N400m ‘Taxes’ In 2 Years – Birnin-Gwari Farmers

We Paid Bandits N400m ‘Taxes’ In 2 Years – Birnin-Gwari Farmers

July 1, 2022
mele kyari

Nigeria Earns $1bn From Gas Export To Portugal

July 1, 2022
cbn gov emefiele

Cybersecurity: CBN Issues New Guidelines For Financial Institutions From January 2023

July 1, 2022
Buhari Reappoints Oniha As DMO Director General

Buhari Reappoints Oniha As DMO Director General

July 1, 2022
wema bank

Wema Bank’s N40bn Rights Issue Opens August

July 1, 2022
Tony Elumelu

Heirs Holdings, Africa No Filter Partner On $30,000 Fund For Storytellers

July 1, 2022
FMDQ Group Restates Commitment To Sustainable Environmental Practices

FMDQ Exchange Admits Eat & Go Finance N3.50bn Bond

July 1, 2022
Jumia Rolls Out Strategies To Deepen E-commerce In Next 10 Years

Jumia Rolls Out Strategies To Deepen E-commerce In Next 10 Years

July 1, 2022

© 2022 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast

© 2022 Leadership Media Group - All Rights Reserved.