In a significant financial move, Valency Agro Nigeria Limited has successfully raised N13 billion through a new commercial paper issuance. This transaction, which forms part of the company's larger N40 billion programme, was officially approved by the Securities and Exchange Commission and concluded on 24 November 2025.
Strong Market Confidence and Fund Allocation
The issuance proved highly attractive to institutional investors, experiencing an 18 per cent oversubscription. The commercial papers, which came with 270-day and 360-day tenors, also received credit ratings from both Global Credit Rating Company and DataPro.
Company executives have confirmed that the newly acquired capital will be strategically deployed to achieve several key objectives. The primary focus is on enlarging processing capacity for critical agricultural commodities including cashew, soybean, cocoa, and sesame. Furthermore, the funds will be used to strengthen the supply-chain infrastructure that connects smallholder farmers to lucrative export markets, while also supporting the company's working capital requirements.
Leadership and Partner Perspectives
Trilochan Ojha, the Country Head of Valency Agro Nigeria Limited, described the transaction as a defining moment. He stated that it reaffirms the trust institutional investors have in their vision to build a stronger, globally competitive agricultural value chain originating from Nigeria. Ojha emphasized their clear goal is to create sustainable value for all stakeholders, including farmers, employees, investors, and local communities.
Echoing this sentiment, Amit Bose, CFO Africa for Valency Agro Nigeria Limited, highlighted the market's robust response. He noted that the 18 percent oversubscription is a strong endorsement of the company's financial strength, governance, and disciplined capital management. Bose confirmed that the proceeds will enhance working capital to meet rising export demand, positioning Valency for continued growth and measurable impact across the agricultural ecosystem.
Ukandu Ukandu, Managing Director of FirstCap Ltd, a partner in the issuance, commended Valency Agro's strategic posture. He described the company as a standout player that exemplifies resilience and strategic excellence in the Nigerian capital markets, expressing pride in being a trusted partner in their growth journey.
Strategic Expansion and Future Outlook
This capital raise is the latest in a series of strategic expansions for Valency Agro. In recent years, the company has expanded its footprint through a supply-chain complex in Ibadan, undertaken preparatory work for a processing plant in Oyo State, and launched an industrial park designed to improve agro-export capacity.
Supported by global partnerships and international certification schemes, Valency Agro's operations are strategically positioned to improve access to foreign markets. This latest financial injection powerfully reinforces the company's stated intention to deepen its agricultural investments and broaden its participation in export-focused value chains, signaling a strong future for Nigerian agro-exports.
