FMDQ

FMDQ lists N10bn pioneer power bond as Viathan taps debt capital market for funding

The FMDQ OTC Securities Exchange has listed a N10 billion power bond by Viathan Funding Plc. in what appears to…

Slight variations, but naira relatively stable on street market

By Remilekun Davies and Ademola Badmus Nigeria’s foreign exchange market, which plays host to various kinds of players, each contributing…

FMDQ sees positive outlook for Nigerian debt capital markets in 2018

The FMDQ OTC Securities Exchange (FMDQ) has forecast a positive outlook for the Nigerian debt market, saying that its achievement…

Nigeria’s debt stock rises to N20.37trn on govt increased borrowing to fund deficits

Nigeria’s Debt Management Office (DMO) has announced Tuesday that the countries debt stock profile rose to N20.37 trillion as at…

Nigerian banks’ overnight rates moderate as N93.74bn maturing OMO bills hit the system

Nigerian interbank overnight rate, which rose to148 percent Monday as banks scramble to muster naira liquidity to cover their positions…

Nigeria central bank introduces $1bn new FX contract on FMDQ as matured contracts peak $3.33bn year-to-date

The total value of foreign exchange matured futures contracts on the FMDQ OTC exchange has reached $3.33 billion, year-to-date, according…

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