Nigeria: VFD Redeems N12.8bn Commercial Paper

19 November 2025
Daily Trust (Abuja)
By Peter Moses

VFD Group PLC, a fast-growing Principal Investment firm, yesterday announced timely redemption of its N12.83 Billion Series 5 Commercial Paper (CP), issued under its N20 Billion Commercial Paper Programme.

The redemption was executed on its maturity date of November 14, 2025, demonstrating the Group's unwavering commitment to market discipline.

The group said the successful settlement, completed amidst ongoing domestic market volatility, is a decisive strategy to deleverage the balance sheet.

"By successfully retiring the N12.83 Billion commercial paper, VFD Group demonstrates its capacity to generate internal liquidity to meet all obligations as and when due," the firm said in a statement.

Read the original article on Daily Trust.

Tagged:
Copyright © 2025 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 120 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.