Last chance: CIG Motors opens N30bn commercial paper to institutional and retail investors as mobility bet on Nigeria intensifies

Businessday | 26-05-2026 12:57am |

CIG Motors Company Limited has initiated a N30 billion Series 2 Commercial Paper Issuance as part of its broader N100 billion Commercial Paper program. This offering is aimed at both institutional and retail investors, providing an opportunity for them to participate in the company's growth strategy. The move comes as CIG Motors seeks to capitalize on the increasing demand for mobility solutions in Nigeria, reflecting a significant investment in the country's automotive sector. Investors are encouraged to take advantage of this issuance, which represents a strategic financial initiative by the company.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.