CBN Adjusts Exchange Rate To N381/$ On FMDQ     The Central Bank of Nigeria on Tuesday officially devalued naira to exchange to the dollar at N381/$ on the Importer & Exporter window. The data obtained on the website of FMDQ OTC Securities Exchange on the CBN official...

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...

FMDQ Records N181.4trn Turnover In 8 Months   FMDQ OTC Securities Exchange recorded a turnover of N181.4tn in eight months. Data obtained from the FMDQ on Monday showed that the exchange recorded N15.08tn turnover in January, N19.18tn in February, and N28.98tn in March. In April, May and June,...

FMDQ Records N179trn Turnover In 8 Months   FMDQ OTC Securities Exchange recorded a turnover of N179trn in eight months. Data obtained from the FMDQ on Thursday showed that the exchange recorded N15.08tn turnover in January, N19.18tn in February, and N28.98tn in March. In April, May and June,...

Debt Market Capital To Get Extra Boost As FMDQ Transforms The Nigerian debt capital market is set to witness a boost following the transformation of the FMDQ OTC Securities Exchange to a full-fledged securities exchange from an over-the-counter (OTC) market. Financial market operators, analysts and other...

FMDQ Records N63.25tn Turnover In Q1 2019   FMDQ OTC Securities Exchange recorded a turnover of N63.25tn in the first quarter of the year. Data obtained from the FMDQ’s website on Tuesday showed that the turnover for March stood at N28.98tn. In February, the FMDQ recorded a turnover...