Search

Daraju Industries Launches Series 28 Commercial Paper Notes

Allen dreyfus Logo
© Allen Dreyfus
  • Offer seeks to raise N1 billion at a 23.90085% discount rate
  • Funds to support short-term financing needs of the consumer products maker

 

Lagos, Nigeria – Daraju Industries Limited, a Nigerian consumer products maker, has commenced its Series 28 Commercial Paper Notes offer. The instrument is offered at a discount rate of 23.90085% or an implied yield of 29%, the company stated.

Recent Business

Ethio telecom chief executive Frehiwot Tamiru and Ericsson chief executive Börje Ekholm signing the agreement.
Ethio Telecom–Ericsson deal to expand Ethiopia’s 4G and 5G network
Read More »
Street scene of a man waiting in line at a money transfer shop. Photo by Alistair MacRobert @ Unsplash
Western Union, Sasai launch mobile remittance app in South Africa
Read More »
don-jackson-wyatt-sbhubyl7lWI-unsplash
Middle East war threatens oil supply and remittances in East Africa
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights