N120bn Power Loss: FG Moves Against Energy Theft on Ikorodu–Sagamu Industrial Corridor
Manufacturers operating in industrial clusters need reliable electricity not only to keep production lines running but also to control operating costs.
Manufacturers operating in industrial clusters need reliable electricity not only to keep production lines running but also to control operating costs.
The bond forms part of the company’s broader N40 billion ($29.6 million) bond issuance programme and represents Emzor’s second domestic bond, following strong investor demand that resulted in the issue being oversubscribed.
CEO Oghale Elueni attributed the performance to strong brands, disciplined execution, volume growth, pricing initiatives and efficient working capital management.