In a major show of investor confidence, Finceptive Limited, Nigeria’s fast-rising supply chain finance powerhouse, has closed an oversubscribed ₦3 billion Series 1 Commercial Paper (CP) issuance—its bold first move into the nation’s debt capital market.
The 268-day tenor offering, which ran from May 6 to May 12, 2025, attracted a flood of interest from institutional investors, far exceeding expectations and underlining strong faith in the company’s creditworthiness, governance structure, and long-term strategy.
“This isn’t just capital—it’s a vote of confidence,” said an elated Ogochukwu Anerobi, Group CEO of Finceptive.
“We’re thrilled by the overwhelming response. This marks a turning point, not just in our financing strategy, but in how we empower businesses to unlock growth through smarter capital access.”
The CP issuance marks a strategic leap for Finceptive as it seeks to diversify funding sources and supercharge its working capital base.
Proceeds will be channelled into scaling operations, seizing emerging market opportunities, and fortifying its grip on Nigeria’s evolving supply chain finance space.
Operating across key sectors such as FMCG, Manufacturing, Telecoms, and Financial Services, Finceptive has carved out a niche by offering agile solutions in factoring and receivables financing. Its reputation for driving liquidity and operational efficiency has made it a go-to partner for Nigeria’s top-tier corporations.
Backed by BBB and BBB- ratings from DataPro and Agusto & Co respectively, and with its CP registered on the FMDQ Securities Exchange, the company entered the market on solid financial footing. The transaction was expertly arranged by Cordros Capital Limited.
