List of Approved Commercial Papers as at 23 October 2025

List of Approvred Commercial Papers as at 23 October 2025

S/N

ISSUER

FINANCIAL ADVISER

PROGRAMME SIZE

SERIES

SERIES AMOUNT

ISSUE DATE

MATURITY DATE

APPROVAL DATE

RATIFICATION/FRESH

1

Golden Fertilizer Company Limited

Phoenix Global Capital Markets Limited

40,000,000,000.00

Discrete 1

20,030,000,000.00

30-Jul-25

3-Feb-26

9-Jul-25

Fresh Issue

2

Skymark Partners Limited

UCML Capital Limited

30,000,000,000.00

Series 45

1,271,674,000.00

26-Jun-25

25-Sep-25

24-Jul-25

Ratification

3

Skymark Partners Limited

UCML Capital Limited

30,000,000,000.00

Series 46

1,374,704,000.00

26-Jun-25

20-Dec-25

24-Jul-25

Ratification

4

Skymark Partners Limited

UCML Capital Limited

30,000,000,000.00

Series 47

6,584,923,000.00

26-Jun-25

20-Mar-26

24-Jul-25

Ratification

5

Johnvents Industries Non-Interest Funding SPV PLC

Marble Advisory Limited

15,000,000,000.00

Series 1

4,919,317,000.00

22-Aug-25

19-May-26

24-Jul-25

Fresh Issue

6

Johnvents Industries Non-Interest Funding SPV PLC

Marble Advisory Limited

15,000,000,000.00

Series 2

7,221,307,000.00

22-Aug-25

17-Aug-26

24-Jul-25

Fresh Issue

7

Jawa International Limited

Boston Advisory Limited

10,000,000,000.00

Series 1

2,000,000,000.00

21-Jul-25

17-Apr-26

9-Jul-25

Fresh Issue

8

Veritasi Homes & Properties PLC

Pathway Advisors Limited

20,000,000,000.00

Series 1

6,134,893,000.00

21-Jul-25

17-Apr-26

11-Jul-25

Fresh Issue

9

Payaza Africa Limited

AVA Capital Partners Limited

50,000,000,000.00

Series 3

12,195,585,000.00

12-Aug-25

9-Feb-26

28-Jul-25

Fresh Issue

10

Payaza Africa Limited

AVA Capital Partners Limited

50,000,000,000.00

Series 4

10,763,957,000.00

12-Aug-25

11-May-26

28-Jul-25

Fresh Issue

11

NGN Gram Limited

Comercio Partners Capital Limited

10,000,000,000.00

Programme

N/A

N/A

28-Jul-25

Fresh Prog.

12

Dangote Sugar Refinery PLC

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 10

4,732,120,000.00

25-Jun-25

24-Sep-25

6-Aug-25

Ratification

13

Dangote Sugar Refinery PLC

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 11

11,487,504,000.00

25-Jun-25

11-Dec-25

6-Aug-25

Ratification

14

Dangote Sugar Refinery PLC

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 12

96,673,370,000.00

25-Jun-25

18-Mar-26

6-Aug-25

Ratification

15

Citibank Nigeria Limited

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 6

25,635,042,000.00

15-Aug-25

12-May-26

6-Aug-25

Fresh Issue

16

Citibank Nigeria Limited

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 5

1,054,651,000.00

15-Aug-25

11-Feb-26

6-Aug-25

Fresh Issue

17

UAC of Nigeria PLC

Stanbic IBTC Capital Limited

65,000,000,000.00

Programme

N/A

N/A

7-Aug-25

Fresh Prog.

18

MeCure Industries PLC

Cordros Capital Limited

40,000,000,000.00

Series 5

11,923,521,000.00

3-Jul-25

26-Mar-26

7-Aug-25

Ratification

19

Champion Breweries PLC

Rand Merchant Bank Limited

15,000,000,000.00

Series 1

4,215,622,000.00

7-Jul-25

30-Dec-25

7-Aug-25

Ratification

20

Champion Breweries PLC

Rand Merchant Bank Limited

15,000,000,000.00

Series 2

10,784,378,000.00

7-Jul-25

1-Apr-26

7-Aug-25

Ratification

21

GLNG Funding SPV PLC

FirstCap Limited

30,000,000,000.00

Series 1

3,292,189,000.00

8-Jul-25

3-Apr-26

18-Aug-25

Ratification

22

Accion Microfinance Bank Limited

FBNQuest Merchant Bank Limited

5,000,000,000.00

Programme & Series

2,022,578,000.00

1-Sep-25

29-May-26

19-Aug-25

Fresh Issue

23

Johnvents Industries Limited

United Capital PLC

100,000,000,000.00

Series 18

4,098,787,000.00

4-Jul-25

5-Jan-26

20-Aug-25

Ratification

24

Johnvents Industries Limited

United Capital PLC

100,000,000,000.00

Series 19

18,535,515,000.00

4-Jul-25

3-Apr-26

20-Aug-25

Ratification

25

Valency Agro Nigeria Limited

FirstCap Limited

40,000,000,000.00

Series 13

4,917,207,000.00

1-Sep-25

29-May-26

20-Aug-25

Fresh Issue

26

Valency Agro Nigeria Limited

FirstCap Limited

40,000,000,000.00

Series 14

8,104,413,000.00

1-Sep-25

27-Aug-26

20-Aug-25

Fresh Issue

27

Eunisell Limited

Vetiva Advisory Services Limited

50,000,000,000.00

Programme

N/A

N/A

20-Aug-25

Fresh Prog.

28

Daraju Industries Limited

FBNQuest Merchant Bank Limited

20,000,000,000.00

Series 37

6,082,098,000.00

24-Jun-25

22-Dec-25

25-Aug-25

Ratification

29

Neveah Limited

United Capital PLC

30,000,000,000.00

Series 1

3,470,424,000.00

7-Jul-25

5-Jan-26

26-Aug-25

Ratification

30

Neveah Limited

United Capital PLC

30,000,000,000.00

Series 2

8,280,150,000.00

7-Jul-25

3-Apr-26

26-Aug-25

Ratification

31

Jilnas Nigeria Limited

Pathway Advisors Limited

10,000,000,000.00

Series 1

2,284,522,000.00

8-Sep-25

5-Jun-25

26-Aug-25

Fresh Issue

32

Asiko Power Limited

Stanbic IBTC Capital Limited

2,500,000,000.00

Series 3

552,452,000.00

10-Sep-25

4-Sep-26

26-Aug-25

Fresh Issue

33

Hillcrest Agro-Allied Industries Limited

Comercio Partners Capital Limited

10,000,000,000.00

Series 8

828,861,000.00

8-Sep-25

9-Mar-25

26-Aug-25

Fresh Issue

34

Hillcrest Agro-Allied Industries Limited

Comercio Partners Capital Limited

10,000,000,000.00

Series 9

712,974,000.00

8-Sep-25

5-Jun-25

26-Aug-25

Fresh Issue

35

Hillcrest Agro-Allied Industries Limited

Comercio Partners Capital Limited

10,000,000,000.00

Series 10

2,021,252,000.00

8-Sep-25

7-Sep-25

26-Aug-25

Fresh Issue

36

CIG Motors Company Limited

United Capital PLC

100,000,000,000.00

Series 1 Tranch A

1,585,589,000.00

7-Aug-25

4-Feb-26

18-Jul-25

Fresh Issue

37

CIG Motors Company Limited

United Capital PLC

100,000,000,000.00

Series 1 Tranch B

8,632,823,000.00

7-Aug-25

6-May-26

18-Jul-25

Fresh Issue

38

Dangote Sugar Refinery PLC

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 13

43,729,477,000.00

4-Sep-25

3-Mar-26

1-Sep-25

Fresh Issue

39

Dangote Sugar Refinery PLC

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 14

16,164,230,000.00

4-Sep-25

27-May-26

1-Sep-25

Fresh Issue

40

Skymark Partners Limited

UCML Capital Limited

30,000,000,000.00

Series 48

800,129,000.00

16-Sep-25

16-Dec-25

8-Sep-25

Fresh Issue

41

Skymark Partners Limited

UCML Capital Limited

30,000,000,000.00

Series 49

1,223,185,000.00

16-Sep-25

17-Mar-26

8-Sep-25

Fresh Issue

42

Skymark Partners Limited

UCML Capital Limited

30,000,000,000.00

Series 50

9,474,872,000.00

16-Sep-25

12-Jun-26

8-Sep-25

Fresh Issue

43

Zeenab Foods Limited

Pathway Advisors Limited

50,000,000,000.00

Programme

N/A

N/A

12-Sep-25

Fresh Issue

44

Stratos Trading Limited

Cedrus Capital Limited

20,000,000,000.00

Programme

N/A

N/A

16-Sep-25

Fresh Issue

45

Greenwich Merchant Bank Limited

Rand Merchant Bank Limited

100,000,000,000.00

Series 4

20,000,000,000.00

TBD

TBD

19-Sep-25

Fresh Issue

46

Precise Lighting Limited

Afrinvest Capital Limited

3,500,000,000.00

Series 3

841,126,000.00

29-Sep-25

26-Mar-26

22-Sep-25

Fresh Issue

47

Precise Lighting Limited

Afrinvest Capital Limited

3,500,000,000.00

Series 4

449,563,000.00

29-Sep-25

25-Jun-26

22-Sep-25

Fresh Issue

48

Precise Lighting Limited

Afrinvest Capital Limited

3,500,000,000.00

Series 5

1,316,613,000.00

29-Sep-25

25-Sep-26

22-Sep-25

Fresh Issue

49

UAC Of Nigeria PLC

Stanbic IBTC Capital Ltd

65,000,000,000.00

Series 1,2,3

45,000,000,000.00

TBD

TBD

26-Sept-25

Fresh Issue

50

Zeenab Foods Limited

Pathway Advisors Limited

50,000,000,000.00

Series 1

25,444,284,000.00

8-Oct-25

5-Jul-26

29-Sept-25

Fresh Issue

51

Neveah Limited

United Capital Plc

30,000,000,000.00

Series 3 & $

7,000,000,000.00

TBD

TBD

03-Oct-25

Fresh Issue

52

EUNISELL Limited

Vetiva Advisory Services Limited

50,000,000,000.00

Series 1 & 2

6,000,000,000.00

TBD

TBD

03-Oct-25

Fresh Issue

53

DLM Capital Group Limited

DLM Advisory Limited

20,000,000,000.00

Series 2

10,000,000,000.00

TBD

TBD

06-Oct-25

Fresh Issue

54

Payaza Africa Limited

AVA Capital Partners Limited

50,000,000,000.00

Series 5

20,000,000,000.00

TBD

TBD

09-Oct-25

Fresh Issue

55

Polysmart SPV Limited

Marble Advisory Limited

4,000,000,000.00

Series 3 & 4

1,925,297,000.00

TBD

TBD

13-Oct-25

Fresh Issue

56

Johnvents Industries Limited

United Capital PLC

100,000,000,000.00

Series 20 & 21

30,000,000,000.00

TBD

TBD

13-Oct-25

Fresh Issue

57

Dangote Sugar Refinery PLC

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 15

65,000,000,000.00

TBD

TBD

13-Oct-25

Fresh Issue

58

Dangote Sugar Refinery PLC

Stanbic IBTC Capital Limited

300,000,000,000.00

Series 16

65,000,000,000.00

TBD

TBD

13-Oct-25

Fresh Issue

683,793,178,000.00