Finceptive Executes ₦4.99bn Series B Commercial Paper as Offer Closes Oversubscribed

Finceptive Executes ₦4.99bn Series B Commercial Paper
as Offer Closes Oversubscribed

Finceptive Limited has successfully executed its Series B Commercial Paper issuance, raising
approximately ₦4.99 billion with strong participation from institutional investors.

The offer, which opened on Tuesday, 17 March 2026, closed oversubscribed, reflecting
sustained investor confidence in the company’s execution model and its role within real-sector
trade flows.

This issuance was led by Cordros Advisory Services Limited as Lead Issuing House,
alongside AIICO Capital Limited, Anchoria Advisory Services Limited, and Norrenberger
Advisory Partners Limited as Joint Issuing Houses.

The issuance follows the full repayment of Finceptive’s Series A Commercial Paper at maturity,
which was serviced entirely from internally generated operational revenues. This outcome
reinforces the company’s operating discipline and the reliability of its infrastructure in live trade
environments.

Finceptive operates as a supply chain infrastructure company focused on how capital moves
across trade networks. The company builds and maintains the underlying systems that
coordinate settlement, disbursement, and the conversion of receivables into working capital.

Proceeds from the Series B issuance will be deployed toward deepening settlement
coordination, expanding disbursement infrastructure, and improving the systems that convert
receivables into usable capital across supply chains.

As part of its next phase of growth, Finceptive is extending its infrastructure beyond Nigeria into
African markets where inefficiencies in capital movement continue to constrain trade execution.

Ogochukwu Anerobi, Chief Executive Officer, said:
“We are building infrastructure for how trade actually runs, not how it is modeled. This raise
allows us to extend those systems into markets where capital movement still breaks down, and
to embed directly into the trade flows that drive real economic activity across Africa.”

This reinforces Finceptive’s position as part of the infrastructure layer within trade, embedding
its systems directly into how capital moves across counterparties and markets.

Denike Akanbi, Chief Operating Officer, said:
“This is about tightening the rails that move money across supply chains. From settlement to
disbursement to receivables conversion, we are focused on ensuring capital moves when it
should, with the coordination and timing that trade operations require.”

This underscores the company’s focus on improving settlement timelines, strengthening
coordination between counterparties, and enabling more reliable capital movement across
multiple markets.

The result of the allotment has been published on the official website of Finceptive Limited for
investor reference.

Finceptive remains focused on scaling its infrastructure across African trade networks and
strengthening the systems that enable predictable trade execution.