FMDQ Securities Exchange Ltd on Wednesday approved the quotation of Union Bank of Nigeria Plc N2.58 billion Series 8 and N32.38 billion Series 9 Commercial Papers (CPs).
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The Nigerian financial market and the economy, as a whole, are set to receive the long-awaited boost to spur economic development and the repositioning of Nigeria as a compelling destination of capital, with the Presidential assent of the Companies and Allied Matters Bill 2020, consequently introducing the Companies and Allied Matters Act (CAMA) 2020, which has repealed and replaced the 30-year old CAMA 1990.
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The FMDQ Securities Exchange (FMDQ) Plc has said it remains committed to tackling the housing infrastructural deficit facing Nigeria through mobilisation of funds from the capital market.
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As the Federal Government makes efforts to solve the infrastructure challenges, investment experts, capital market regulators, operators and other stakeholders will gather on December 7 to proffer ways on how the government can tap into the nation’s capital market to tackle the challenges.
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