Tag Archives: FMDQ

Today, world financial markets are increasingly moving towards integration, connecting erstwhile fragmented segments and processes across the full value chain of the securities market.

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FMDQ Securities Exchange Plc said it admitted a total of 78 debt securities worth N1.03 trillion in the year ended December 31, 2018, as against 50 securities valued at N236.9 billion in the previous year in 2017.

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FMDQ OTC Securities Exchange has commemorated the listing of Union Bank of Nigeria PLC ₦7.19 billion Series 1 and ₦6.31 billion Series 2 Senior Unsecured Fixed Rate Bonds under its ₦100.00 billion Debt IsbYsuance Programme (“the Union Bank Bonds”) on its platform. As is customary of the OTC Exchange, a prestigious ceremony was held on Thursday at its business complex, …

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With a current deficit of 17-22 million housing units, the challenge faced by the housing sector in Nigeria is yet on the rise due to a variety of supply and demand side factors. From unfavourable land laws, difficulty in land registration and titling, to dearth of construction finance, restricting tenors of mortgage banks and general sector illiquidity, the Nigerian housing …

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…Set To Host Maiden Gold Awards For The Fixed Income, Currencies And Derivatives Markets In what became a much-talked about market event, the Nigerian financial market regulators, architects and founding treasurers, subject-matter experts and indeed, a host of other domestic and international stakeholders gathered to witness the launch of a game-changing market infrastructure, FMDQ OTC Securities Exchange (“FMDQ or the …

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Hearty congratulations are undeniably to be in order for the Central Bank of Nigeria (CBN), FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) and the Financial Markets Dealers’ Association (FMDA), the association of FMDQ Dealing Member (Banks), as a most commendable feat has been achieved in the fixed income market – Straight-through-Processing (STP) for the settlement of fixed income …

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Corporate institutions have continued to successfully tap the Nigerian debt capital markets (DCM) to access stable long-term finance to fund key activities that ultimately translate to the development of the economy at large. Coming shortly on the heels of the recent listing of the Viathan Funding PLC Power Bond, FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) admitted on …

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Trading on the floor of the Financial Markets Dealers Quotations, FMDQ, securities exchange, in November saw turnover recording an increase of 21.92 percent to close the month at ₦14.85 trillion. Activities rise in the securities exchange for the month under consideration amounts to ₦2.67 trillion increase from the value recorded in October 2017. A further x-ray of trading in the month …

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The Financial Market Dealers Quotation (FMDQ) board listing market and technology committee has approved the registration of Lafarge Africa Plc ₦60 billion Commercial Paper (CP) Programme on the platform of the OTC Exchange. According to a statement which was made available to Financial Edge, with this CP Programme registration, Lafarge will be able to easily raise short-term finance, within the …

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Union Bank Plc has said that its capital raising of N50 billion through Right Issue is geared towards expanding the bank’s operation through technology, optimizing its area of strength in Agriculture as well as creating further millage on its outstanding products for the younger segment of the society. Addressing the Capital Market stakeholders on the Lagos floor of the Nigerian …

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