United Nigeria Airlines targets N20 billion in first domestic operator commercial paper

NAIRAMETRICS | 16-10-2026 09:41am |

United Nigeria Airlines Company Limited is set to raise N20 billion through its first commercial paper issuance. This move makes it the first domestic airline in Nigeria to enter the short-term debt market. The airline aims to strengthen its financial position and fund an expansion of its flight operations. The commercial paper issuance is part of its strategy to support growth and financial stability.

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