Addosser Mfb Launches ₦10 Billion Commercial Paper Programme to Power MSME Growth

  • April 17, 2025
  • Posted by: Addosser
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April 15, 2025 – Lagos, Nigeria

L-R: Adebayo Fabiyi, Managing Director, Addosser Microfinance Bank Limited; Sam Chidoka, Managing Director, Anchoria Advisory Services Limited; Ayodeji Sobulo, Group Managing Director, Addosser Investments and Founder Addosser Microfinance Bank Limited; Alhassan Gwarzo, Executive Director, SCM Capital Limited; and Adare Ayodeji, Executive Director Finance, Addosser Microfinance Bank Limited at the signing ceremony of Addosser Microfinance Bank Limited’s N10 billion Commercial Paper Programme which held recently in Lagos.

Addosser Microfinance Bank is proud to announce the official launch of its ₦10 Billion Commercial Paper (CP) Programme, now registered on the FMDQ Securities Exchange. This strategic move marks a bold step in our journey to scale financial solutions for underserved markets, particularly micro, small, and medium enterprises (MSMEs).

The launch was celebrated with a signing ceremony held at the offices of Anchoria Advisory Services Limited, the Lead Issuing House on the transaction. Also involved in arranging the Programme are SCM Capital Limited (Co-Lead Issuing House) and Smooth Capital Limited (Financial Advisers).

The CP Programme empowers Addosser to issue commercial paper notes in series, offering the flexibility to raise capital in line with business needs. The Notes will be electronically held and quoted on the FMDQ Exchange, ensuring full compliance with regulatory standards and modern settlement practices.

L-R: Adare Ayodeji, Executive Director Finance, Addosser Microfinance Bank Limited and Adebayo Fabiyi, Managing Director, Addosser Microfinance Bank Limited signing the ₦10 Billion Commercial Paper (CP) Programme.   

A Message from Our MD

“This milestone represents a significant advancement in our funding strategy and demonstrates the confidence of the market in our business model and financial stability. Our journey began in 2008 as a unit Microfinance Bank driven by a vision to provide innovative, and quality microfinance services to individuals and MSMEs. Today, with over 25 branches in Lagos, we’ve established ourselves as a leading microfinance institution committed to financial inclusion and economic empowerment. This growth trajectory has culminated in our ability to register this ₦10 billion CP Programme, which marks a transformative chapter in our story. The CP Programme will enable us to diversify our funding sources, optimize our capital structure, and enhance our capacity to fulfill our mission of providing accessible financial services to micro, small, and medium enterprises. We are committed to utilizing this platform to strengthen our position in the microfinance sector while creating sustainable value for all our stakeholders.” – Mr. Bayo Fabiyi, Managing Director of Addosser Microfinance Bank.

The Lead Issuing Houses, Anchoria Advisory Services Limited and SCM Capital Limited, expressed confidence in Addosser’s financial strength and growth potential, citing the Programme as a strong signal of investor trust and growing interest in the microfinance space.

This milestone doesn’t just reflect growth for Addosser Mfb,  it signals a broader shift in the Nigerian debt capital market. By leveraging capital market instruments, Addosser Mfb is demonstrating how non-traditional financial institutions can access scalable, structured funding to drive impact.

L-R: Fabiyi Adebayo, Managing Director, Addosser Microfinance Bank Limited and Deji Sobulo, Group Managing Director, Addosser Investments and Founder Addosser Microfinance Bank Limited.

As the financial landscape evolves, our goal remains unchanged: to bridge the gap in access to finance for small businesses, reduce poverty, and contribute to job creation and wealth distribution across Nigeria.

At Addosser Mfb, we’ll continue to serve to empower,  innovate, adapt, and deliver real financial solutions that improve lives, support businesses, and drive inclusive growth.



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