FG, exchange move to tackle housing deficit
Efforts to tackle housing shortages in the country received a boost, as FMDQ Securities Exchange (FMDQ) Plc has resolved to partner with the Federal Government to develop products that will address the nation’s hosing deficits.
FMDQ targets derivative products in Q1 2020, plans equity trading
FMDQ Securities Exchange Plc has unveiled plans to roll out the first derivative products in first quarter (Q1) 2020.The Exchange, which recently announced a successful transition from an over-the-counter (OTC)
FMDQ, FMDA urge government, banks to embrace hedging
The FMDQ OTC Securities Exchange and Financial Market Dealers Association of Nigeria (FMDA) have advised the Federal Government, banks and other enterprises...
FMDQ joins other international groups at derivatives forum
Experts in Swaps and Derivatives trading will take up discussions on the standardisation of documentations in Nigeria’s market, with the view of boosting the integrity of markets and attract investors’ trust and confidence.
FMDQ admits Flour Mills N20.11b unsecured fixed rate bond
FMDQ or the OTC Exchange, through its board listing, markets and technology committee at the weekend, admitted the listing of the Flour Mills of Nigeria Plc’s ₦10.11 billion Series 1, and ₦10.00 billion Series 2 senior unsecured fixed rate bonds under the firm’s ₦70.00 billion bond issuance programme on its platform. The Series 1…
FMDQ admits Dangote Cement’s N50 billion debt instrument
The largest Commercial Paper (CP) notes’ issuance by a non-financial institution, hit the debt segment of the capital market, as FMDQ OTC Securities Exchange (FMDQ), at the weekend...
WIMBIZ holds interactive breakfast series on ease of doing business
This year’s WIMBIZ CEO/Policy Maker Interactive Breakfast Series, themed, ‘Ease of Doing Business: A Policy Dialogue on Regulations,’ hold on Tuesday, June 6 at Wheatbaker Hotel...
OTC market records N9.36 trillion turnover in June 2016
A breakdown of activities in OTC last month showed that Treasury Bills transactions accounting for 38.14 per cent of the total value while turnover in the foreign exchange (FX) market, accounting for 26.07 per cent of total turnover, settled at $8.98 billion.