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 the first of its kind
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
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 in
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
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,
Nigeria’s FG sells N100bn sovereign sukuk at 16.7%
The Federal Government of Nigeria has begun the sale of its N100 billion debut sovereign Sukuk, the Debt Management Office (DMO), said
Nigeria’s CP market out of lull as Ecobank Nigeria quotes ₦12.53bn worth on FMDQ
After a lull, commercial papers (CPs) are coming back onto the shelf of the Nigerian debt market as Ecobank Nigeria in August quoted
Nigeria banks’ quote using investors’ window seen moving towards single naira rate
A move on Wednesday that saw Nigerian banks using the naira exchange rate at the Investors’ and Exporters’ foreign exchange window was
Dufil, privately held Nigerian noodle firm, to raise N40bn from debt market
Nigeria-based West Africa leading noodle company, Dufil Prima Food, is putting finishing touches to its plans to raise N40 billion