Daraju Industries Launches N10 Billion Commercial Paper at 23% Return

Daraju Industries Limited, a prominent player in Nigeria’s fast-moving consumer goods (FMCG) sector, has opened subscriptions for its Series 4 Commercial Paper (CP) offer, seeking to raise up to N10 billion. The offer, which promises a substantial 23% return, is part of the company’s existing N50 billion Commercial Paper Programme.