Series 2 Commercial Paper - ₦4,046,744,000 Tranche B ₦157,935,000 Issuance
Jimcol Resources Nigeria Limited · JCOLCP262B2
Status
Active
About Commercial Paper
Jimcol Resources Nigeria Limited is a private limited liability incorporated in 1990 as a diversified service provider in the Oil and Gas Industry, (RC: 159411), with office located in 26, Rumuogba Street Obio/Akpor L.G.A,port Harcourt Rivers. 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. JIMCOL has registered a N4,046,744,000.00 Billion Series 2 Commercial Paper of its N5 Billion Commercial Paper Issuance Programme which will mature on 2 November 2026.
Commercial Paper Information
Thursday, 16 July 2026 at 17:28
| Issuer | Description | Issued Date | Maturity Date | Tenor (days) | Discount(%) | Status |
|---|---|---|---|---|---|---|
| Jimcol Resources Nigeria Limited | Series 2 Commercial Paper - ₦4,046,744,000 Tranche B ₦157,935,000 Issuance | 03 Nov, 2025 | 06 Oct, 2026 | 337 days | 21.04% | Active |
Related Company Information
- CP Title
- Series 2 Commercial Paper - ₦4,046,744,000 Tranche B ₦157,935,000 Issuance
- ISIN
- NGJCOLCP262B2
- Sector
- Oil & Gas
- Categorization
- Debt Instrument
- Issue Size
- 157,935,000
- Discount Rate
- 21.04%
- Face Value
- 157,935,000
- Tenor
- 337 days
- Issue Date
- 03 Nov, 2025
- Maturity Date
- 06 Oct, 2026
- Instrument Type
- JIMCOL RESOURCES NIGERIA LIMITED ₦4,046,744,000.00 Series 2 Tranche B 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)
- Pathway Advisors Limited
- Collecting and Paying Agent(s) (CPA)
- Wema Bank Plc
- Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
- N/A
- Status
- Active
No corporate disclosures have been published for this issuance.
- Address
- 26, Rumogba Street Obio/Akpor L.G.A, Port Harcourt Rivers.
- info@jimcolresources.com
- Web Address
- www.jimcolresources.com
- Company Hotline
- +2348144378886
-
Ugwuezi Nwagbara
Chairman
-
Ndubuisi Nwagbara
Managing Director/CEO
-
Agwere Josiah O
Executive Director
-
Nwagbara Emeka
Non-Executive Director
-
Nwagbara Jemimah
Non-Executive Director
-
Nwogbo Samuel E.
Non-Executive Director
- Lead Sponsor
- Pathway Advisors Limited
- Joint Sponsors
- —
- Programme Name
- JIMCOL RESOURCES NIGERIA LIMITED N5,000,000,000 Commercial Paper Issuance Programme
- Programme Code
- JCOLCP5BN
- Programme Description
- JIMCOL RESOURCES NIGERIA LIMITED - Listing of ₦4,046,744,000.00 Series 2 Tranches A,B&C Commercial Paper Issuance Under its ₦5,000,000,000.00 Commercial Paper Programme
- Programme Size
- 5,000,000,000
- Series Code
- JCOLS24BN
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