🌿 Ruzu Non-Alcoholic Herbal Bitters
Ruzu Non-Alcoholic Herbal Bitters is a natural health supplement specially formulated to:
- ✅ Promote general wellness
- ✅ Detoxify the body
- ✅ Support the treatment of various ailments
Made from a powerful blend of 100% organic and medicinal herbs, Ruzu is completely alcohol-free, making it ideal for:
- 👪 All age groups
- 🌱 Health-conscious individuals
- 🌿 Anyone seeking non-alcoholic herbal remedies
Whether you're looking to boost your vitality, cleanse your system, or support healing the natural way, Ruzu Bitters offers a trusted herbal solution.
Pivot Integrated Energy Services Limited, the indigenous downstream energy company, has issued a commercial paper (CP) of up to N100 billion under its Series 1 of the N300 billion Commercial Paper Programme, as it seeks to raise short-term funding to improve its working capital and fund its business expansion.
The issuance, which has been arranged by Pathway Advisors Limited in its capacity as Lead Arranger and Issuing House, is open for subscription and is expected to close on 31 July 2026.
The transaction details show that the Series 1 issuance comprises three tranches of varying tenors. Tranche A is a 180 day instrument with a discount rate of 17.5 per cent and a yield of 19.15 per cent. Tranche B has a tenor of 270 days, a discount rate of 19.5 per cent and a yield of 22.79 per cent, while Tranche C has a tenor of 364 days, a discount rate of 19.69 per cent and a yield of 24.50 per cent.
The minimum subscription is N5 million or 5,000 units at N1,000 per unit, with further investment accepted in multiples of N1,000.
Proceeds from the issuance will be used to finance working capital and support its operations in the importation, trading, storage, distribution and supply of refined petroleum products across Nigeria and selected African markets, the company said.
The offer is expected to give investors an opportunity to tap into the growth of the downstream energy company which said it has achieved sustained revenue growth, secured strong off-take arrangements and continued to improve profitability.
Read Also: FG Supports Access Bank’s AI Innovation For Small Businesses
Pivot is an indigenous integrated downstream energy company that supplies Premium Motor Spirit (PMS), Automotive Gas Oil (AGO) and Aviation Turbine Kerosene (ATK) to a wide customer base that includes bulk buyers, distributors, industrial users, logistics operators, manufacturers and retail-linked channels across major commercial centers such as Lagos, Calabar and Port Harcourt.
The company is also one of the 20 approved off-takers of the Dangote Refinery Premium Motor Spirit Consortium, with a target volume allocation of 300 million litres per quarter.
On the credit quality of the issuance, the Series 1 Commercial Paper was rated A3 by Agusto & Co, A3 by Global Credit Rating and A1 by DataPro Limited in short term ratings, which reflect the company’s credit standing in the domestic debt market.
The Series 1 issuance under the N300 billion Commercial Paper Programme of Pivot is the first drawdown of the N100 billion and is a reflection of the increased activity in the debt capital market in Nigeria as corporates continue to tap into commercial paper issuances to meet their short-term funding requirement especially as market conditions change.
