Daraju Industries Limited ₦50.00bn Commercial Paper Issuance Programme

Programme Details
Issuer
Daraju Industries Limited
Size (₦' bn)
₦50.00bn
Programme Type
Commercial Paper
Currency
Naira
Face Value (₦)
N/A
No. of Series
2
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
FBNQuest Merchant Bank Limited
Coronation Merchant Bank Limited
Cordros Advisory Services Limited
CardinalStone Partners Limited
Unless otherwise stated in the Applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied to support the Issuer’s short-term funding requirements, as part of their working capital management strategy or as may otherwise be specified in the Applicable Pricing Supplement.
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
FBNQuest Merchant Bank Limited
FBNQuest Merchant Bank Limited
N/A
Lead Sponsor
FBNQuest Merchant Bank Limited
Joint Sponsor(s)
Coronation Merchant Bank Limited
Cordros Advisory Services Limited
CardinalStone Partners Limited
Use of Proceeds
Unless otherwise stated in the Applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied to support the Issuer’s short-term funding requirements, as part of their working capital management strategy or as may otherwise be specified in the Applicable Pricing Supplement.
Issuing and Placing Agent(s) (IPA)
FBNQuest Merchant Bank Limited
Collecting and Paying Agent (s) (CPA)
FBNQuest Merchant Bank Limited
Issuing and Placing Agent(s) (IPA)
N/A
Programme Document

Issuer Rating (s)

No data was found
Series
Issue
2
Issue Amount (N'bn)
17.76
Tenor (Days)
364
Discount (%)
18.38
Issue Date
Nov. 27, 2025
Maturity Date
Nov. 26, 2026
Issue
1
Issue Amount (N'bn)
4.92
Tenor (Days)
270
Discount (%)
18.55
Issue Date
Nov. 27, 2025
Maturity Date
Aug. 24, 2026

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