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securities Exchange

CardinalStone Lists N5bn Bond on FMDQ

Securities Exchange

CardinalStone Partners Limited has announced the listing of the CardinalStone Financing SPV Plc N5 billion Series I Bond on FMDQ Securities Exchange Limited (the “FMDQ Exchange”). The Company successfully closed its Series 1 Bond, which is the lowest priced bond by any non-bank financial institution in Nigeria for a similar tenor in the last ten […]

NASD OTC Securities Exchange dips by 0.36%

Nigerian stock market

MOTOLANI OSENI, LAGOS The NASD OTC Securities Exchange closed last week with a 0.36 per cent on NSI to end the week at 737.39 basis points against 740.04 last on Friday. Also, week 3 saw NASD Investors lose N1.90 billion in value. NASD OTC market capitalization closed at N529.09billion compared to N530.99billion recorded last Friday, […]

OTC FX futures sale hit $34.83bn in over 3 years – FMDQ

Foreign

The FMDQ OTC securities Exchange limited has disclosed that the Central Bank of Nigeria (CBN) has sold $34.83 billion Over the Counter (OTC) Foreign Exchange (FX) futures since June 2016 it was launched. The apex bank has yet again shown its commitment towards the development of the FX market in collaboration with FMDQ Holdings, to […]