Agro-commodities company redeems ₦25 billion commercial paper, restores investor confidence

Agro-commodities sourcing and trading company, Sunbeth Global Concepts, announced the successful and timely redemption of its ₦25.1 billion Series 1 Commercial Paper issued under its ₦200 billion Commercial Paper Programme.
The company, in a statement on Wednesday, said the redemption was completed on the notes’ maturity date of September 4, 2026, and noted that it underscored the company’s financial discipline, liquidity position, and commitment to meeting its obligations to investors.
The company disclosed that it secured regulatory approval in March 2026 to establish a ₦200 billion CPP to support the continued growth of its agricultural export operations.
Its CEO, Olasunkanmi Owoyemi, stated, “Meeting our Series 1 obligation in full and on schedule reflects the strength of our business fundamentals, prudent financial management and the confidence investors have placed in Sunbeth.
“Credibility is earned through consistent performance, transparency and honouring our commitments. As we continue to scale our participation across the agricultural value chain, maintaining that discipline remains central to how we grow.”
The company described the redemption as reflecting the disciplined approach it took to capital and liquidity management.
“Our focus remains on deploying capital efficiently, maintaining strong financial controls and ensuring that our growth is supported by a funding structure that enables us to meet our obligations as they fall due,” it added.
The company reaffirmed its commitment to deepen its procurement capacity, strengthen international partnerships and expand its participation across higher-value segments of the agricultural value chain in Nigeria and across sub-Saharan Africa.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Ibadan
Babangida pleads guilty to terrorism charges
Mr Babangida, who had been remanded for over three years, pleaded guilty to the three-count amended charge.

Africa
ITUC-Africa urges world leaders to prioritise peace, development over wars
ITUC-Africa urged world leaders to prioritise peace, dialogue and human development over wars and militarisation.

Showbiz
Sexual predator Russell Brand sentenced to decade in prison
Russell Brand, 51, has been sentenced to 10 years and six months in prison after being convicted of four sexual offences.

Lagos
Lagos 2027: Hamzat demonstrated experience, preparedness at governorship debate
APC hailed its governorship candidate, Obafemi Hamzat, for demonstrating experience, preparedness and policy depth at a Lagos governorship debate on Sunday.

Economy
Tinubu govt suspends broadcast licence fee reviews indefinitely
On the digital switch-over, Mr Idris promised a stakeholders’ meeting to address any outstanding issues.

Politics
Delta Nollywood pledges to mobilise for Tinubu, Oborevwori
Mr Otoide said the group was determined to sustain its momentum and contribute to the political mobilisation for Mr Tinubu’s re-election in 2027.





