{
  "schemaVersion": 1,
  "contentDigest": "0a36882cc685df14d06af0e71216503ae2ff5d6d04d6a3553d34cd48bd081332",
  "id": "news-oct22-continued-ng-johnvents-proposed-80bn-cocoa-working-capital-20261005",
  "language": "en",
  "interfaceLanguage": "en",
  "url": "https://voltformer.com/news/ng-johnvents-proposed-80bn-cocoa-working-capital-20261005",
  "slug": "ng-johnvents-proposed-80bn-cocoa-working-capital-20261005",
  "category": "policy-standards",
  "publishDate": "2026-10-05",
  "sourceName": "Nairametrics",
  "sourceUrl": "https://nairametrics.com/2026/10/05/johnvents-targets-n80-billion-debt-raise-to-buy-cocoa-as-harvest-season-begins/",
  "readingTimeMinutes": 1,
  "tags": [
    "Nigeria",
    "Cocoa",
    "Agriculture",
    "Food processing",
    "Corporate finance"
  ],
  "content": {
    "title": "Johnvents plans up to ₦80bn commercial-paper offer for cocoa buying",
    "summary": "The proposed financing would support working capital as Nigeria’s main cocoa season began.",
    "sections": [
      {
        "paragraphs": [
          "Johnvents Industries planned to seek up to ₦80 billion through Series 1 Tranche A and B of its commercial-paper programme, which has a ₦250 billion ceiling. The company said working capital, including bulk cocoa purchases as the main crop season began, was the intended use; the report did not say the ₦80 billion had been subscribed or raised. Johnvents processes and exports agricultural commodities, and its Akure and Ile-Oluji cocoa facilities have combined installed capacity of about 48,000 metric tonnes per year."
        ],
        "sources": [
          {
            "name": "Nairametrics",
            "url": "https://nairametrics.com/2026/10/05/johnvents-targets-n80-billion-debt-raise-to-buy-cocoa-as-harvest-season-begins/"
          }
        ]
      }
    ]
  },
  "companies": [],
  "sourceVersion": "50d3d42c759e36a03285dc8105a63be30a84cbf5caf9da0b8b710501764c4efd"
}