The Coleman Wires and Cables (Coleman Technical Industries Limited) N6.05 billion Series 3 and 4 Commercial Paper (CP) has been admitted for listing on the FMDQ Securities Exchange Limited (FMDQ Exchange) platform as part of its N20 billion CP issuance programme.
The additional working capital, according to the Managing Director of Coleman, Mr. George Onafowokan, would enable the company to increase the capacity of its business.
The agreement with APLE, the statement said, will see the NDPHC delivering 100MW of electricity to the distribution company through its Alaoji power plant in Abia state through a dedicated pillar.