Dimension Data Raises N4.05 Billion to Expand Fibre Infrastructure in Nigeria

Dimension Data Limited has completed the signing ceremony for the issuance of its N4.05 billion (approximately US$2.9 million) Series 1 corporate bond, following a successful subscription. The issuance represents the first tranche of the company’s N20 billion (approximately US$14.7 million) bond programme, with proceeds earmarked for expanding its fibre infrastructure to meet Nigeria’s rising demand for digital connectivity. Speaking at the signing ceremony, Olugbenga Olabiyi, Managing Director