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Finceptive Limited, a prominent force in Nigeria’s supply chain financing space, has successfully concluded its ₦3 billion Series 1 Commercial Paper issuance, which closed significantly oversubscribed. The issuance, open to institutional investors from May 6 to May 12, 2025, signals a strong vote of confidence in the company’s creditworthiness, governance, and long-term strategy.
This marks Finceptive’s first foray into the Nigerian debt capital market, with the 268-day tenor offering highlighting the company’s intent to diversify its funding streams and reinforce its liquidity position. The raised capital is set to support Finceptive’s growth trajectory by strengthening working capital and positioning the company to seize new opportunities within the supply chain finance sector.
Expressing satisfaction with the outcome, Ogochukwu Anerobi, Group CEO of Finceptive Limited, described the issuance as a powerful endorsement of the company’s mission and market approach. He emphasized that the achievement goes beyond funding—it represents a transformative moment in Finceptive’s journey to redefine capital access for businesses.
As a leading provider of supply chain finance solutions, Finceptive enables vendors and suppliers of top-tier Nigerian corporations to unlock working capital through innovative offerings in factoring and receivables financing. The firm’s operations span strategic sectors including FMCG, manufacturing, telecommunications, and financial services, providing critical liquidity and operational efficiency to its clients.
With this landmark issuance and a consistent record of innovation, Finceptive is well-positioned to strengthen its leadership in Nigeria’s dynamic supply chain finance landscape. The company’s strong credit ratings—BBB from DataPro and BBB- from Agusto & Co—provided firm grounding for the success of the issuance.