Stanbic IBTC, Dangote Cement seal N50b commercial paper

Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to announce the issuance of a N50billion Series 1 and 2 Notes, the largest ever Commercial Paper (CP) issuance by a Nigerian company.

Helen Oji