ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Healthconomy
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Healthconomy
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Finance

FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

Business 360 News by Business 360 News
June 13, 2020
in Finance
0
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

As most businesses across the globe continue to grapple with the economic effects of the COVID-19 pandemic, FMDQ Holdings PLC has through its subsidiary, FMDQ Securities Exchange Limited approved the quotation of the Flour Mills of Nigeria PLC ₦10.00 billion Series 13 and ₦20.00 billion Series 14 Commercial Paper (CP) notes (the Flour Mills CPs) under its ₦100.00 billion CP Issuance Programme on the Exchange’s platform.

This move comes as part of its commitment to the continuous empowerment of the Nigerian financial market and the provision of uninterrupted services to all stakeholders.

Over the years, FMDQ Holdings PLC has sustained its provision of required support to governments, corporate organisations as well as individuals through the delivery of innovative and dependable capital market solutions.

The Nigerian CP market has remained a viable option for corporate entities looking to raise funds to meet shortfalls in their working capital needs, as well as other short-term expenditures.

In a statement, the FMDQ Group Chief Executive Officer Mr. Bola Onadele described the development as one that buttresses the FMDQ commitment to the continuous empowerment of the Nigerian financial market and the provision of uninterrupted services to all stakeholders.

“As the economic impact of COVID-19 continues to crystallise, FMDQ Group remains steadfast in contributing towards the emergence of a resilient financial market in Nigeria,” it said.

“The Group and its subsidiaries – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited – shall continue to engage the market and invariably, deploy innovative strategies leveraging on the unrivalled capabilities within its vertically integrated market infrastructure to promote market development and expansion.”

FMDQ Group is Africa’s first vertically integrated financial market infrastructure (FMI) group which provides a one-stop platform for the seamless and cost-efficient execution, risk management, clearing, settlement and depository services, as well as data and information services across the debt capital, foreign exchange and derivatives markets in Nigeria.

Previous Post

COVID-19: Africa turns to home care as virus cases inundate Hospitals

Next Post

GOLD: UN Experts show smuggling Networks from Congo to Dubai

Business 360 News

Business 360 News

Next Post
GOLD: UN Experts show smuggling Networks from Congo to Dubai

GOLD: UN Experts show smuggling Networks from Congo to Dubai

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

August 10, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

March 30, 2023
Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

March 30, 2023
Maximizing opportunities in a challenging economy-Joshua Solomon tells his story.

Domestic airfares jumped by 66% in 2022 – NBS

March 29, 2023
Nigeria needs $2.3tn to address infrastructure deficit-FG

FG $22bn loan request rejected by Chinese bank – Reps

March 29, 2023
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • AI
  • Art
  • Arts
  • Aviation
  • Blockchain
  • Business 360 Weekly
  • Business Travels
  • Capital Market
  • Corporate
  • Destination Business
  • Economy
  • Education
  • Electric Vehicles
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • Fashion
  • Fashion
  • Finance
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • News
  • NGOs
  • Political Economy
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tech
  • Tourism
  • Transportation
  • Uncategorized
  • World

Recent News

Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

Access Bank partners with AfriGOpay to boost Nigeria’s payment ecosystem.

March 30, 2023
Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

Elon Musk, Experts urge halt to AI training saying AI systems with human-competitive intelligence can pose risks to society and humanity

March 30, 2023
  • Africa
  • World
  • Our Shows

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Healthconomy
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!