Series 3 Commercial Paper – ₦552,452,000 Issuance
Asiko Power Limited · ASKOCP2638
Status
Active
About Commercial Paper
Asiko Power Limited is Company, a private limited liability company incorporated in Nigeria, as a diversified service provider in the Oil and Gas Industry, (RC: 784301), with office located in Plot 224, Moshood Abiola Way, Ijora, Lagos. The Company’s core business lines include asset integrity and maintenance services covering non-destructive testing (NDT) and rope access services; drilling support services (majorly mudlogging); and training and consultancy services. Asiko Power Limited has established this ₦2,500,000,000 Commercial Paper Issuance Programme which will mature on 4 September 2026.
Commercial Paper Information
Thursday, 16 July 2026 at 17:28
| Issuer | Description | Issued Date | Maturity Date | Tenor (days) | Discount(%) | Status |
|---|---|---|---|---|---|---|
| Asiko Power Limited | Series 3 Commercial Paper – ₦552,452,000 Issuance | 10 Sep, 2025 | 04 Sep, 2026 | 359 days | 20.39% | Active |
Related Company Information
- CP Title
- Series 3 Commercial Paper – ₦552,452,000 Issuance
- ISIN
- NGASKOCP2638
- Sector
- Power
- Categorization
- Debt Instrument
- Issue Size
- 552,452,000
- Discount Rate
- 20.39%
- Face Value
- 552,452,000
- Tenor
- 359 days
- Issue Date
- 10 Sep, 2025
- Maturity Date
- 04 Sep, 2026
- Instrument Type
- ASIKO POWER LIMITED ₦2,500,000,000.00 Series 3 Commercial Paper Issuance
- Credit Ratings
- Short term rating 'A1', LONG TERM RATING 'A+' by data pro limited 'A' Rating by Agusto & CO Limited
- Issuing and Placing Agent(s) (IPA)
- Stanbic IBTC Capital Limited
- Collecting and Paying Agent(s) (CPA)
- FCMB Capital Market Limited
- Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
- N/A
- Status
- Active
No corporate disclosures have been published for this issuance.
- Address
- Plot 224, Moshood Abiola Way, Ijora, Lagos.
- info@asikoenergy.com
- Web Address
- www.asikoenergy.com
- Company Hotline
- +234 908 782 6680
-
Engr. Alexander Ogedegbe
Chairman
-
Mr. Felix Ekundayo
Managing Director
-
Mr. Abubakar Folamia
Executive Director Finance / Chief Commercial Officer
-
Mr. Martin Ekundayo
Non-Executive Director
-
Mr. Mustapha Fasinro
Non-Executive Director
-
Mr. Babatunde Edun
Non-Executive Director
-
Mr. Kamar Bakrin
Non-Executive Director
- Lead Sponsor
- Stanbic IBTC Capital Limited, FCMB Capital Market Limited
- Joint Sponsors
- —
- Programme Name
- ASIKO POWER LIMITED ₦2,500,000,000.00 Commercial Paper Issuance Programme
- Programme Code
- ASKPCP2.5BN
- Programme Description
- ASIKO POWER LIMITED - Listing of ₦552,452,000.00 Series 3 Commercial Paper Issuance Under its ₦2,500,000,000.00 Commercial Paper Programme
- Programme Size
- 2,500,000,000
- Series Code
- —
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