Surging revenues, strong balance sheet drive United Nigeria’s pioneer ₦100bn debt programme

Surging revenues, strong balance sheet drive United Nigeria’s pioneer ₦100bn debt programme

Bolsters expansion, global reach with maiden commercial paper issuance In a historic move for Nigeria’s aviation industry, United Nigeria Airlines Company Limited will become the first domestic carrier to issue commercial paper, launching an initial tranche of ₦20 billion. The milestone debt issuance marks a significant step forward in capital market financing for local airlines, providing a robust framework to support the operator’s ambitious growth trajectory. According to the airline’s September 2026 investor presentation, which…

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