FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”) has announced the approval, by the Board Listings and Markets Committee, of the listing of the FSDH Funding SPV PLC ₦7.05 billion Tranche A and ₦4.95 billion Tranche B Series 1 Fixed Rate Bonds (“the Bonds”) under its ₦30.00 billion Debt Issuance Programme on its platform. FSDH Funding SPV PLC is a special purpose vehicle set up to raise capital from the Nigerian debt capital market for FSDH Merchant Bank Limited.
FSDH Research expects a growth in the banking sector credit to the private sector in 2018. The improvement in the macroeconomic and business environment; improved consumers’ confidence; and the drop in the yields on the Nigerian Treasury Bills (NTBs) are the main drivers of the expected credit growth. The provisional figure that the National Bureau […]