FMDQ Designates Diamond Bank, GTB MDs, Others As Directors   The Board of Directors of FMDQ OTC Securities Exchange has designated the Managing Directors of Guaranty Trust Bank Plc, Mr Segun Agbaje, Diamond Bank Plc, Mr Uzoma Dozie, and three others, as non-executive directors. The FMDQ said...

FMDQ, Reuters Partner To Strengthen Nigerian Financial Market Thomson Reuters, providers of intelligent information for businesses and FMDQ OTC Securities Exchange have entered into a strategic collaboration to deepen capacity to help drive liquidity and enhance the visibility of the nigerian financial market to domestic...

In A Month, FMDQ OTC Exchange Records N14.9tn Transactions   Investors traded N14.94 trillion in the fixed income and currency (FIC) markets in the month of April, according to data released by the FMDQ OTC Securities Exchange. However, treasury bills remained the most traded securities on the...

FMDQ OTC Admits N3.15bn LAPO MFB SPV Bond     FMDQ OTC Securities Exchange has admitted on its platform, the first ever microfinance bank bond in Nigeria – the LAPO MFB SPV Plc Series 1 N3.15bn 17.75 per cent five-year Fixed Rate Senior Unsecured Bond under a...

The naira slumped to a new all-time low of 470 to the dollar on the parallel market on Wednesday, posting its biggest daily decline since the Central Bank of Nigeria adopted a flexible foreign exchange regime. The local currency stood at 452 to the dollar...

Forex market records $9.46 billion Despite the challenging posture of the nation’s financial market, its fixed income and currency segment recorded a turnover of N12.74 trillion in the month of July.The record showed an increase of ₦N3.38 trillion over the value recorded in June, representing...