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Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank lists N15 billion green bond on FMDQ OTC, NSE

Access Bank Plc yesterday listed its N15 billion Green Bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange (NSE). The Bond is the first of its kind to be issued by an African corporate and represents a major milestone in the development of the local green finance market. It is a 5-year 15.5 per cent Fixed Rate Senior Unsecured Green Bond due 2024.

FMDQ, RIMAN seek enhanced risk management practices

The FMDQ OTC Securities Exchange has commended the efforts of the Risk Management Association of Nigeria (RIMAN) in championing the professionalisation of risk Management in Nigeria, even as it stressed the need for enhanced risk management in the nation’s money market.

Naira up to N361.85 to the dollar in I&E window

The Naira yesterday appreciated to N361.85 per dollar in the Investors and Exporters (I&E) window due to an 80 percent increase in the volume of dollars traded.

Naira down to N362.03 to the dollar in I&E window

The Naira yesterday depreciated to N362.03 per dollar in the Investors and Exporters (I&E) window.

FMDQ admits N13.50 billion Union Bank bonds

FMDQ OTC Securities Exchange has listed Union Bank of Nigeria Plc’s N7.19 billion Series 1 and N6.31 billion Series 2 Senior Unsecured Fixed Rate Bonds under its N100.00 billion Debt Issuance Programme on its platform.
Mary Uduk

SEC: Nigeria’s infrastructure deficit to hit $878 billion by 2040

Securities and Exchange Commission (SEC) says Nigeria’s infrastructure deficit would hit 878 billion dollars by 2040 and called for active utilisation of green bond for infrastructural gap
Zainab Ahmed

Federal government issues N100 billion sovereign sukuk at 15.7 percent

The Federal Government has begun the sale of its second tranche 7-year N100 billion sovereign sukuk, the Debt Management Office (DMO), said on Thursday.
Mary Uduk

SEC launches green bonds issuance rules

The Securities and Exchange Commission (SEC) on Monday officially launched the Green Bonds Issuance Rules to support the development of a Non-Sovereign Green Bond market in Nigeria.

Godwin Emefiele: FMDQ participation in Naira-settled OTC FX futures stem currency devaluation

The Central Bank of Nigeria said that the active participation of FMDQ OTC Securities Exchange in Naira-settled over-the-counter foreign exchange futures helped in stemming naira devaluation.
Prime Minister Theresa May

Nigerian business community meets British premier in Lagos

British Prime Minister, Theresa May, has arrived at FMDQ Security Exchange building, Victoria Island, Lagos, for a meeting with the Nigerian business community.
3 President Buhari receives in Official Visit British Prime Minister Theresa May in State House on 29th Aug 2019

Theresa May to announce $2.6 million UK-Nigeria fintech partnership in Lagos

As part of her visit to Nigeria on a three-day, three-nation trip to Africa, the British Prime Minister, Theresa May will visit Lagos.

FMDQ OTC shareholders endorse N5 billion fresh capital plan for business development

FMDQ OTC Securities Exchange Plc on Friday endorsed the board and management’s plans to raise fresh of N5 billion to boost operational development.

Central bank may lend directly to companies via commercial papers

The Central Bank of Nigeria might start lending to companies directly by buying their commercial papers.

Federal government to issue second Green Bond to finance 2018 budget

The Debt Management Office (DMO) on Friday said the Federal Government would issue another Green Bond to finance capital projects in the 2018 budget before end of the year.

Naira stays firm at parallel market

Data on the official website of the CBN showed that the value of the naira dropped by five kobo to trade at N305.75 from N305.7 which it has traded at since last week.

Dangote Cement to raise N150 billion on FMDQ

Joseph Makoju, the acting group chief executive officer of Dangote Cement, who signed the statement, said the proceeds will be deployed towards capital expenditure, working capital and general corporate purposes.

SEC considers 10-year capital market plan at expanded CMC meeting

The Securities and Exchange Commission (SEC) has said that it will hold deeper discussions on the implementation of the 10-year capital market master plan as well as other initiatives for Nigeria’s capital market with stakeholders at its forthcoming Capital Market Committee (CMC Capital Market Committee (CMC).

Naira remains stable against dollar, euro

The Naira on Monday remained stable as it traded at N362 to the dollar at the parallel market, same amount it was sold last Friday.

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Delta APC mocks O’tega Emerhor on failed case against party, Senator Omo-Agege

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Facebook tells US Congress how it thinks its cryptocurrency Libra should be regulated

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A graduate of Insurance from the Polytechnic, Ibadan, Oyaremi Olabode, was on Monday convicted of criminal impersonation and sentenced to four months in prison.

Ibadan polytechnic graduate jailed for impersonation

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The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 3

Insecurity: We’ll give special budgetary attention to Zamfara – Speaker Gbajabiamila

Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said that the 9th National Assembly would give special budgetary attention to the three Senatorial Districts of Zamfara State in order to resolve the issue of insecurity.