Addosser MFB redeems N3.9bn commercial paper, eyes national licence expansion

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Addosser Microfinance Bank Limited has redeemed its N3.9 billion Series 1 Commercial Paper that matured on February 6, 2026, reinforcing investor confidence in the lender’s liquidity position and financial discipline.


The note was issued under the bank’s N10 billion Commercial Paper Programme and listed on the FMDQ Securities Exchange. Series 1 recorded over 150 percent subscription, signalling strong market appetite and positive sentiment toward the bank’s governance standards and balance-sheet strength.


The programme forms part of Addosser’s broader funding strategy designed to support on-lending activities and balance-sheet expansion, as the institution positions for scale.

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