8 Jan 2018
During the week-ended January 5, 2018, Central Bank of Nigeria (CBN) continued its supply of US Dollars in the FX market, offering $100.00mm at a marginal rate of $/₦332 via a Single Secondary Market Intervention Sale (SMIS) – Wholesale session held during the week-ending January 5, 2018. The apex bank also maintained its intervention for…
22 Dec 2017
The Federal Republic of Nigeria through the Debt Management Office (DMO) has pioneered the inaugural listing of Diaspora Bond on the FMDQ OTC Securities Exchange platform. FMDQ in a statement in Lagos said that the listing was the first in the Nigerian debt capital markets (DCM). The statement said the 1.5 billion dollars Federal Government…
18 Dec 2017
During the week-ended December 15,2017, the Central Bank of Nigeria (CBN) continued its supply of US Dollars in the FX market, offering $100.00mm at a marginal rate of $/₦331 via a Single Secondary Market Intervention Sale (SMIS) – Wholesale session held during the week-ending December 15, 2017. The apex bank also maintained its intervention for…
15 Dec 2017
Bola Onadele Koko, CEO of the FMDQ OTC Securities Exchange joined CNBC Africa’s Onyi Sunday to review its performance this year and give an outlook for 2018. I think the first thing that happened in 2017 would be in the foreign exchange market where the Central Bank to the delight of most market stakeholders introduced…
24 Apr 2017
The apex bank maintained its marginal rate for the Secondary Market Intervention Sales (SMIS) – Wholesale Forwards at $/₦320.00, Small & Medium Enterprises and Invisibles at $/₦357.00.
6 Apr 2017
FMDQ has announced the approval for the listing of the Mixta Real Estate PLC ₦4.50 bnillion Series 1 5-Year 17.00 per cent fixed rate Senior Guaranteed Bond (the Mixta Bond) under a ₦30.00bn Medium Term Note Programme.
19 Dec 2016
Alade spoke at the maiden Breakfast Meeting of the Association of Corporate Treasurers of Nigeria (ACTN) held in Lagos, with the theme: “The Economic Outlook for 2017 and its impact on the Corporate Sector.”
16 Sep 2016
Turnover of transactions in the Fixed Income and Currency (FIC) markets amounted to ₦9.75 trillion in August, 2016, according to the FMDQ OTC securities exchange.
13 Jul 2016
A renewed hope for free flowing foreign currency-denominated investments bolstered on Monday, with the intervention of the World Bank’s investment arm in a port terminal project.
13 Jul 2016
The Central Bank of Nigeria (CBN), in a period of seven days, re-opened the interbank market for foreign exchange transactions, followed by the launch of the OTC Futures market for the same foreign exchange transactions.
29 Jun 2016
FMDQ OTC Securities has announced that the OTC FX Futures market will attract significant capital flows to the Nigerian fixed income and equity markets and minimise the disequillibrum in the Spot FX market.