NASD OTC grows value to N525.59bn amid pandemic
Plans to start another market By Omobayo Azeez The NASD Over-the-Counter (OTC) Securities Exchange has disclosed that amid pandemic,
Extension of OTC futures to bring calmness to market, curb FX volatility
Adesola Afolabi Asides infusing more confidence to foreign portfolio investors and foreign direct investors, the recently launched
Businesses, short-term investors buoy FMDQ commercial papers market to N1trn mark
Businesses looking to tap the debt market for short-term capital and investors who need to diversify their portfolios have buoyed the
22nd OTC FX futures contract matures, settles on FMDQ
By Afolabi Adesola The 22nd over the counter (OTC) foreign exchange (FX) futures contract have matured and been settled on the FMDQ.
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
China reportedly ban Bitcoin exchanges while allowing OTC
China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion
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
Nigeria’s fixed income, currency markets grow 34.6% year-on-year in June as treasury bills remain dominant
Transaction turnover in Nigeria’s fixed income and currency markets expanded 32.98 percent in the month of June 2017 to ₦12.62
Treasury bills dominance soar to 89% in fixed income market on attractive yields
The treasury bills (T-bills) segment of the fixed income market continued its dominance in the market in the month of May 2017