Dimension Data secures NGN 20 bln bond funding to advance digital infrastructure
Dimension Data Nigeria has formally executed its NGN 20 billion (EUR 12.5 million) bond programme under Dimension Data SPV Funding, following approval from the Securities and Exchange Commission (SEC), Vanguard reported. It aims to address gaps in fibre coverage, limited enterprise connectivity and increasing demand for cloud, fintech, digital services, and Artificial Intelligence. DiData said the capital will be used to fund long-term investments in expanding network capacity, enhancing resilience, and sup