In Three Months, Commercial Papers Hit N539bn   The value of quoted commercial papers on the FMDQ Exchange stood at N539.22bn at the end of the first quarter of 2023 with the total outstanding value of CPs rising to N669.36bn at the end of the same...

PFAs Shun T’bills, Invest N1.6trn In Banks, Commercial Papers     Pension Fund Administrators have gradually reduced investment of pension funds in the Contributory Pension Scheme in treasury bills, findings have revealed. Data obtained by our correspondent from the National Pension Commission revealed that the operators have increased...

FMDQ Listed Commercial Papers Worth N23.81bn In November     FMDQ OTC Securities Exchange listed N23.81bn worth of commercial papers in November 2019. FMDQ, in its monthly newsletter, said the commercial papers were from four companies. Commercial papers are unsecured, short-term debt instrument issued by a corporation, typically for...