Commentary on the Foreign Exchange (FX) market with data for the week-ended June 28, 2019. The Small and Medium-scale Enterprises (SMEs) and the Retail (Invisibles) segment ▪In the Investors’&Exporters’(I&E) FX Window, the total value of trades for the week-endedJune ▪The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) dollars…

Commentary on the Foreign Exchange (FX) market with data for the week-ended May 3, 2019.both the Small and Medium-scale Enterprises (SMEs) and the Retail (Invisibles) segment ▪ In the Investors’ & Exporters’ (I&E) FX Window,the total value of trades for the week-ended April year-to-date (YTD) value of trades at the window to $25.76 billion week-ended…

Commentary on the Foreign Exchange (FX) market with data for the week-ended April 5, 2019. The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) dollars in the FX market, offering a total of $100.00 million to the Secondary Market Intervention Sales (SMIS) Wholesale window on April 2, 2019. The…

The FMDQ OTC Securities Exchange and Financial Market Dealers Association of Nigeria (FMDA) have advised the Federal Government, banks and other enterprises...

Commentary on the Foreign Exchange (FX) market with data for the week-ended March 15, 2019. ▪ The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) Dollars in the FX market, offering a total of $100.00 million to the Secondary Market Intervention Sales (SMIS) Wholesale window on March 12, 2019.…

FMDQ OTC Securities Exchange in partnership with Risk Management Association of Nigeria (RIMAN) has stressed the need for enhanced risk management practice in the Nigerian financial market. Speaking at RIMAN’s quarterly risk round table programme themed, “Derivative Risks: The Role of FMDQ in the Development of the Derivatives Market in Nigeria, the Associate Executive Director,…

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.

Efforts by quoted companies to fund new projects and expand business activities, through long term sustainable finance option, received a boost last year...

Commentary on the Foreign Exchange (FX) market with data for the week-ended February 22, 2019. ▪ The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) Dollars in the FX market, offering a total of $100.00 million to the Secondary Market Intervention Sales (SMIS) Wholesale window on February 19, 2019.…

Sterling Bank Plc has simultaneously listed the Sterling Investment Management SPV PLC ₦32.90 billion Series 2 on FMDQ OTC Securities Exchange, and the Nigerian Stock Exchange (NSE.)

Commentary on the Foreign Exchange (FX) market with data for the week-ended February 1, 2019. ▪ The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) Dollars in the FX market, offering a total of $210.00 million to the FX market via the Secondary Market Intervention Sales (SMIS) held on…

Commentary on the Foreign Exchange (FX) market with data for the week-ended January 25, 2019. ▪ The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) Dollars in the FX market, offering a total of $210.00 million to the FX market via the Secondary Market Intervention Sales (SMIS) held on…