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MeCure Industries targets N14 billion in Series 8 commercial paper issuance for working capital needs.

PRIVATEOct 17, 2026

Amount Raised

₦14 Billion

Round Type

Venture

NigeriaHealth Care

Description

MeCure Industries Plc has opened an offer of up to N14 billion Series 8 Commercial Paper under its N40 billion Commercial Paper Programme. The Lagos-based pharmaceutical manufacturer is using the market to raise short-term working capital. The offer carries an implied annual yield of 21% and a tenor of 267 days, with settlement on October 21, 2026. Proceeds will support the company's operations and working capital requirements.

Company Information

Company

MeCure Industries Plc

Location

Nigeria

About

MeCure Industries Plc is one of the nation’s pharmaceutical companies quoted on the Nigerian Exchange Limited (NGX). The company is committed to delivering quality healthcare solutions to millions of Nigerians and has ambitious expansion plans to positively impact the healthcare sector in Nigeria and beyond.

Fundz sees it the moment MeCure Industries Plc raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for MeCure Industries Plc's next move

See what Strategic adds

MeCure Industries Plc raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.