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FMDQ Approves N45.12 Billion Commercial Paper for CapitalSage

FMDQ Securities Exchange has approved the quotation of CapitalSage Technology Limited’s Commercial Papers (CPs) totaling N45.12 billion. The issuance, conducted under a N75 billion CP Programme, comprises three series: N4.29 billion (Series 1), N3.33 billion (Series 2), and N37.50 billion (Series 3). United Capital Plc acted as the lead sponsor, supported by several other financial institutions. The funds will be deployed to support CapitalSage’s strategic business objectives and strengthen its capacity within the Nigerian digital economy.

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