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Fixed Income, Currency Markets Decline To N164.32trn In Q3

Fixed Income, Currency Markets Decline To N164.32trn In Q3       Turnover in the Nigerian fixed income and currency (FIC) markets dropped by 26.76 per cent to N14.07 trillion in September 2020, according to latest trading figures released at the weekend. Turnover at the FIC markets for...

Naira Gains N8 As Equities Make N778bn

Naira Gains N8 As Equities Make N778bn       The naira appreciated by N8 in the last one week at the parallel market and the equities market recorded major gains of N777.9 billion as oil prices picked up. The All Share Index (ASI) grew by N778 billion to...

Dangote Cement Raised N250bn In Debt Market– FMDQ

Dangote Cement Raised N250bn In Debt Market– FMDQ     Dangote Cement Plc raised a total of N250bn in debt securities in the first half of this year, FMDQ Securities Exchange Limited has said. According to a statement, the debt securities range from its recent debut N100bn Series...

FMDQ Admits N23bn Debt Securities as Corporate Benefit From Market

FMDQ Admits N23bn Debt Securities as Corporate Benefit From Market     FMDQ Securities Exchange Limited has admitted N23 billion debt securities on the platform as part of efforts to empower the Nigerian financial market, provides a choice platform for the registrations, listings, quotations, and trading of...

DMO Includes Eurobonds On FMDQ, Nigerian Stock Exchange

DMO Includes Eurobonds On FMDQ, Nigerian Stock Exchange   The Debt Management Office (DMO) last Friday, listed the first Eurobonds on the FMDQ Securities Exchange and Nigerian Stock Exchange (NSE) platforms. The DMO, on behalf of the Federal Republic of Nigeria (FRN), listed dual-tranche $2.50 billion and...

10 Banks Facilitate N52tr Investment in Fixed Income Securities

10 Banks Facilitate N52tr Investment in Fixed Income Securities Stanbic IBTC Bank Plc, Access Bank Plc, and the United Bank for Africa Plc led the top 10 banks that facilitated investment in fixed securities and currency valued at N69.16 trillion on the FMDQ OTC Securities...