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Naira Continues To Decline Despite CBN’s Efforts

Naira Continues To Decline Despite CBN’s Efforts

Despite all efforts by the Central Bank of Nigeria (CBN) to strengthen the Naira against the Dollar, Nigeria’s Naira continues to face a relentless decline, prompting financial experts to emphasise the need for accelerated productivity…

Naira Record Low On Street As Dollar Supply Dries Up

Naira Record Low On Street As Dollar Supply Dries Up

Nigerian Naira slips to a record low on the parallel market as shrinking dollar supply from the Central Bank of Nigeria (CBN) forces buyers to the street for hard currency. The naira was changing hands…

FMDQ Depository becomes joins International Securities Services Association

FMDQ Depository becomes joins International Securities Services Association

In furtherance of the advancement of its business development agenda through strategic alignment with relevant international professional bodies, FMDQ Depository Limited (“FMDQ Depository” or the “Company”), a wholly owned subsidiary of FMDQ Group PLC (“FMDQ…

FMDQ Group celebrates market participants at 5th FMDQ GOLD Awards

FMDQ Group celebrates market participants at 5th FMDQ GOLD Awards

FMDQ Group PLC (FMDQ Group), as a critical financial market infrastructure group in Nigeria, is cognisant of the important role the financial markets play in the stability and growth of any economy. Despite the slow…

FMDQ Exchange admits Union Bank Commercial Paper Programme

FMDQ Exchange admits Union Bank Commercial Paper Programme

FMDQ Securities Exchange Limited (FMDQ Exchange) has processed and approved the registration of Union Bank of Nigeria Plc’s N100.00 billion Commercial Paper (CP) Programme on the Exchange platform in September 2022. In a statement, it…

FMDQ delights youths with 2022 Financial Literacy Summer Camp

FMDQ delights youths with 2022 Financial Literacy Summer Camp

In furtherance of its commitment to fostering financial literacy in the younger generation, FMDQ Group Plc through its flagship corporate responsibility programme, ‘FMDQ Next Generation Financial Markets Empowerment Programme’ (FMDQ-Next) – a learning and development…

FMDQ reports N14.13trn turnover for January

FMDQ reports N14.13trn turnover for January

Turnover in the FIC markets in January 2022 was N14.13 trillion, representing a month-on-month (MoM) decrease of 31.21 per cent (N6.41 trillion) and a year on year (YoY) increase of 8.44 per cent (N1.10 trillion)…

FMDQ Exchange admits DLM Capital CPs

FMDQ Exchange admits DLM Capital CPs

FMDQ Exchange, through its Board Listings and Markets Committee, has approved the quotation of the DLM Capital Group Limited’s N1.24 billion Series 1 and N1.01 billion Series 2 Commercial Papers under its N20.00 billion Commercial…

FMDQ Exchange admits Neveah’s N10bn CP Programme

FMDQ Exchange admits Neveah’s N10bn CP Programme

FMDQ Exchange Securities Exchange Limited, through its Board Listings and Markets Committee, has approved the registration of the Neveah Limited N10.00 billion Commercial Paper (CP) Programme on its platform. According to a statement from FMDQ,…

FMDQ reports N12.33trn turnover in August

FMDQ reports N12.33trn turnover in August

Turnover in the FIC markets in August 2021 was N12.33 trillion, representing a 27.34 per cent (N4.64 trillion) month of month (MoM) decrease from turnover in July 2021, and a 13.53 per cent (N1.93 trillion)…