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
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...
The Lagos State Government has concluded plans to list its N47 billion bonds on the FMDQ Securities Exchange Plc platform. The listing of this bond on this platform will enable investors to trade on it on daily basis before due date.
The bond, which is...
The Federal Government is planning to borrow N105bn ($345m) in local currency - denominated bonds at an auction on October 12, the Debt Management Office has said.
The DMO said that it would raise N35bn each from debt maturing in 2021, 2026 and 2036, using...
Petroleum product marketers have demanded an upward review in the pump price of the Premium Motor Spirit (also known as petrol).
This, they said, would make importation of the product profitable.
They said the free fall of the naira against the dollar had made it unprofitable...
The second over-the-counter foreign exchange futures contract (NGUS AUG 24 2016) with notional amount of $152.48m at $/N310, matured and was settled on the FMDQ platform.
This development, FMDQ explained in a statement yesterday, was in line with the OTC Forex Futures Market Framework and...
