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10 Banks Enable N11.2trn Transactions On FMDQ OTC

10 Banks Enable N11.2trn Transactions On FMDQ OTC Ten banks facilitated N11.27 trillion transactions on the FMDQ OTC Securities Exchange in January 2019. The performance by the 10 banks was 74.4 per cent of the total N15.08 trillion recorded for in the month. The 10 banks were...

FMDQ OTC Admits Union Bank’s N13.5bn Bond On Platform

FMDQ OTC Admits Union Bank's N13.5bn Bond On Platform FMDQ OTC Securities Exchange has admitted Union Bank of Nigeria Plc’s ₦N7.19 billion Series 1 and ₦N6.31 billion Series 2 Senior unsecured fixed rate bonds under its ₦N100.00 billion Debt Issuance Programm on its platform. At the...

In A Month Trading On FMDQ OTC Market Declines 24% To N13trn

In A Month Trading On FMDQ OTC Market Declines 24% To N13trn Turnover on the Fixed Income and Currency (FIC) on the over-the-counter (OTC) market operated by FMDQ OTC Securities Exchange in July stood at N13.09 trillion, showing a decline of 23.99 per cent, compared...

As FMDQ OTC Deepens Market, SEC To Issue Rules For Green Bonds

As FMDQ OTC Deepens Market, SEC To Issue Rules For Green Bonds The green bond market in Nigeria will soon witness a boost as the Securities and Exchange Commission (SEC) prepares to release rules to guide issuance of green bonds in the country. Green bonds are...