Nigerian Exchange Limited (NGX) has recorded its first Commercial Paper (CP) listing with the admission of Dangote Cement Plc ...

Commercial Paper issuance under its N50 billion Commercial Paper Issuance Programme. This issuance marks the Issuer’s return to the Nigerian short-term debt market, building on its established ...

Commercial paper is a type of short-term investment instrument issued by corporations in order to cover certain types of debt liabilities. Corporations issue commercial paper when they need to cover ...

The Nigerian Exchange Limited (NGX) has recorded its first-ever Commercial Paper (CP) listing, admitting Dangote Cement Plc’s N119.87 billion issuance ...

Nigerian Exchange Limited has listed its first Commercial Paper by admitting Dangote Cement Plc’s Series 1 and Series 2 Commercial Papers under its N500bn Commercial Paper Issuance Programme.In a ...

— -- Commercial paper, typically a wallflower in financial markets, is being thrust to center stage on concerns these supposedly bullet-proof investments are suffering from the credit crunch.

Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT. In a blog post on Wednesday, Tether said ...

Tether, the issuer of the world’s largest stablecoin USDT by market cap, announced on October 13, 2022 that it has “eliminated commercial paper from its reserves, replacing these investments with U.S.