ADVERTISEMENT

Zylus Homes secures 10 billion commercial paper funding to redefine urban living

#FeaturebyZylusHomes

L-R Dolapo Akanbi Alade, COO Pathway Advisors Limited, Joseph Dauda, Auditor, Olufunke Nwanze, Keystone Bank, Dr. Oluwatosin Olatujoye, GCEO Zylus Group, Wasiu Sonekan, E.D Finance, Ikechukwu Nwabuoku, Deputy General Manager Export Business Group, Adekunle Alade, M.D Pathway Advisors Limited

The Commercial paper signed on Thursday 17th August 2023 was approved by the Board Listings and Markets Committee of the Financial Market Dealers Quotation Securities Exchange (FMDQ).

The official signing ceremony was witnessed by professional partners and executives including Pathway Advisors Limited, Keystone Bank, Meristem Trustees, DLM Trust company, Africa Law Practice NG and Company, and Joseph Dauda & Co.

Speaking at the signing, the GCEO of Zylus Homes and Property, Dr Oluwatosin Olatujoye stated that the CP is set to help the company accelerate the development of its ongoing projects while tackling the housing deficit by helping more Nigerians have access to quality and affordable homes.

ADVERTISEMENT

He also appreciated all the financial and legal partners, advisors and trustees for their efforts and professionalism in ensuring the approval of the Commercial paper programme.

In his remarks, the MD of Pathway Advisors Limited, Mr Adekunle Alade said that based on the track records of the company and its ongoing projects, he believes that raising the first series will be easy and that the programme will enable the company to achieve its housing goal.

The Regional Manager, of Keystone Bank, Mrs Olufunke Nwanze also affirmed that the signing of the CP is a momentous event because Zylus Homes have built a formidable brand in such a short period adding that the CP will help them achieve great potential.

While speaking on this milestone, the Zylus Homes and Property, Executive Director of Finance, Mr. Wasiu Sonekan affirmed that the money invested will be immediately taken to the site to complete ongoing housing projects which will give room for a greater level of expansion and growth.

---

ADVERTISEMENT

#FeaturebyZylusHomes

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Naira makes huge recovery against dollar, gains ₦88.23 on Friday

Naira makes huge recovery against dollar, gains ₦88.23 on Friday

These 5 countries are the world's worst cybercrime hotspots — Nigeria is one of them

These 5 countries are the world's worst cybercrime hotspots — Nigeria is one of them

IMF says inflation to further drop in 2024 -  Nigeria's situation remains dire

IMF says inflation to further drop in 2024 - Nigeria's situation remains dire

SHIB Coin Price Prediction: New milestone reached with SHIB whales now pocketing SHIB alternatives’ Dogeverse & Dogecoin20 as next 100x crypto

SHIB Coin Price Prediction: New milestone reached with SHIB whales now pocketing SHIB alternatives’ Dogeverse & Dogecoin20 as next 100x crypto

Top 5 Nigerian banks with the highest customer complaints in 2023

Top 5 Nigerian banks with the highest customer complaints in 2023

ABCON commends CBN's decision on non-oil export domiciliary accounts

ABCON commends CBN's decision on non-oil export domiciliary accounts

Ilori's appointment as CIIN president, beacon of hope for insurance industry

Ilori's appointment as CIIN president, beacon of hope for insurance industry

108MP camera in your pocket: itel launches new S24 smartphone in Nigeria

108MP camera in your pocket: itel launches new S24 smartphone in Nigeria

Xiaomi Fan Festival: Grab your favorites from April 1 - 30

Xiaomi Fan Festival: Grab your favorites from April 1 - 30

ADVERTISEMENT
ADVERTISEMENT