NASD PLC
OTC Market

Commercial Papers

Explore commercial papers on NASD. Learn how they work, how to list, and track open issuances.

Commercial Paper ListingsHow to list CPs
Stylised 3D scroll with navy badge

About Commercial Papers (CPs) on NASD

Commercial Papers (CPs) listed on NASD OTC Exchange are short-term debt instruments issued by credible Nigerian corporates to meet working capital needs.

NASD OTC Securities exchange provides a platform where investors can track, trade, and monitor CPs transparently. Only CPs approved by the SEC and backed by reputable issuers are admitted for trading on the platform.

  • Short-Term financing

  • Typically under 12 months

  • Issued by corporates

  • Used for working capital

How to List your
Commercial Paper

Listing your commercial paper on NASD is simple and guided.

Steps to List:

  • Indicate Interest to List
  • Get accepted to submit required documents
  • Provide issuer and programme details
  • Undergo review and approval by NASD
  • After Review, your CP is listed for market visibility
Person discussing a commercial paper listing
Download Guidelines

Listed Commercial Papers

Browse commercial papers currently admitted on the platform.

IssuerDescriptionIssued DateMaturity DateTenor (days)Discount(%)StatusAction
VFD GROUP PLCIssue of ₦21,168,354,000 Series 1 Tranche B Under its ₦50,000,000,00 Commercial Paper Programme20 Feb, 202619 Feb, 2027364 days19.04%ActiveView
VFD GROUP PLCIssue of ₦6,020,852,000.00 Series 1 Tranche A Under its ₦50,000,000,00 Commercial Paper Programme20 Feb, 202617 Nov, 2026270 days18.55%ActiveView
VERITASI HOMES & PROPERTIES PLCIssue of ₦16,755,434,000.00 Series 2 Under its N20,000,000,000 Commercial Paper Programme07 May, 202606 May, 2027364 days19.0383%ActiveView
LEKKI GARDENS ESTATE LIMITEDIssue of ₦6,198,369,000 Series 2 Tranche B Under its N25,000,000,000 Commercial Paper Programme05 Mar, 202604 Mar, 2027364 days19.2%ActiveView
LEKKI GARDENS ESTATE LIMITEDIssue of ₦4,013,852,000 Series 2 Tranche A Under its N25,000,000,000 Commercial Paper Programme05 Mar, 202630 Nov, 2026270 days18.5%ActiveView
GODMADE HOMES LIMITEDIssue of ₦3,691,304,000.00 Series 1 Under its N10,000,000,000 Commercial Paper Programme30 Jan, 202629 Jan, 2027364 days20.01%ActiveView
ARN FOODS LIMITEDSeries 1 Commercial Paper - ₦5,835,096,000.00 Issuance18 Dec, 202517 Dec, 2026364 days19.37%ActiveView
Dangote Sugar Refinery PLCSeries 12 Commercial Paper - ₦96,673,370,000.00 Issuance26 Jun, 202518 Mar, 2026265 days20.8%InactiveView
Dangote Sugar Refinery PLCSeries 11 Commercial Paper - ₦11,487,504,000.00 Issuance26 Jun, 202517 Dec, 2025174 days20.73%InactiveView
Dangote Sugar Refinery PLCSeries 10 Commercial Paper - ₦4,732,120,000.00 Issuance26 Jun, 202524 Sep, 202590 days19.97%InactiveView
Dimension Data LimitedSeries 1 Commercial Paper - ₦3,616,363,000.00 Issuance21 Nov, 202520 Nov, 2026364 days20.01%ActiveView
Jimcol Resources Nigeria LimitedSeries 2 Commercial Paper - ₦4,046,744,000 Tranche C ₦1,993,738,000 Issuance03 Nov, 202502 Nov, 2026364 days20.65%ActiveView
Jimcol Resources Nigeria LimitedSeries 2 Commercial Paper - ₦4,046,744,000 Tranche B ₦157,935,000 Issuance03 Nov, 202506 Oct, 2026337 days21.04%ActiveView
Jimcol Resources Nigeria LimitedSeries 2 Commercial Paper - ₦4,046,744,000 Tranche A ₦1,895,071,000.00 Issuance03 Nov, 202505 Jul, 2026244 days21.29%InactiveView
Asiko Power LimitedSeries 3 Commercial Paper – ₦552,452,000 Issuance10 Sep, 202504 Sep, 2026359 days20.39%InactiveView
Zeenab Foods LimitedSeries 1 Commercial Paper - ₦25,444,284,000 Tranch B ₦16,575,315,000 Issuance08 Oct, 202507 Oct, 2026364 days19.04%ActiveView
Zeenab Foods LimitedSeries 1 Commercial Paper - ₦25,444,284,000 Tranch A ₦8,868,969,000 Issuance08 Oct, 202505 Jul, 2026270 days19.29%InactiveView
Jilnas Nigeria Limited₦2,284,522,000.00 Series 1 Commercial Paper Issuance08 Sep, 202505 Jun, 2026270 days21.81%InactiveView
Jawa International LimitedSeries 1 Commercial Paper - ₦2B Issuance21 Jul, 202517 Apr, 2026270 days23.2%InactiveView

List a Commercial Paper

Indicate interest and our team will take you through admitting your CP to the market.

Join our newsletter

Stay informed with the latest market updates, insights, and announcements from NASD.