Home » RMB Nigeria Launches ₦40 Billion Issuance Programme to Drive Asset Growth

RMB Nigeria Launches ₦40 Billion Issuance Programme to Drive Asset Growth

By Ayomide Otitoju

RMB Nigeria Issuance SPV PLC, a funding vehicle established to support RMB Nigeria’s financing initiatives in the public debt capital markets, has successfully registered its ₦40 billion Multi-Instrument Issuance Programme. This Programme aims to enhance RMB Nigeria’s asset growth and liability management by facilitating the issuance of debt instruments and structured notes.

Stanbic IBTC Capital Limited served as the Lead Issuing House for this milestone, while RMB Nigeria also played a key role as Joint Issuing House on the initiative.

Speaking on the successful registration, Bayo Ajayi, Chief Executive Officer of RMB Nigeria, emphasized the Programme’s strategic importance. “This Programme enables us to access liquidity from Nigeria’s debt capital markets, aligning with our long-term financing goals. With this added capacity, we’re better positioned to support our clients’ financing needs. We believe in Nigeria’s growth potential, and this Programme offers investors a unique opportunity to join us on this journey,” Ajayi remarked. He also expressed appreciation for the support provided by Stanbic IBTC Capital and other advisers in the process.

Oyinda Akinyemi, Executive Director at Stanbic IBTC Capital, underscored the importance of the initiative as a forward-thinking approach to treasury management. “RMB Nigeria’s Multi-Instrument Issuance Programme is another example of global best practice in treasury management,” Akinyemi stated. “Stanbic IBTC Capital is proud to assist RMB in navigating market trends with innovative funding strategies. We’re grateful for the trust RMB Nigeria placed in us and the professional team that brought this Programme to completion.”

The establishment of the ₦40 billion Programme strengthens RMB Nigeria’s position in the debt capital market, reinforcing its commitment to long-term economic growth and supporting strategic financing for its clients.

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