Over-the-Counter Beat

FMDQ Admits Pioneer FGN Green Bond

—Supports Sustainable Development and Climate Change Solutions July 20, 2018/FMDQ Globally, countries are resorting to mobilising funds from the debt capital markets (DCM) to finance environmentally friendly projects to support development for the good of their citizenry. The Federal Government of Nigeria (FGN), through the Ministry of Finance (MoF), Ministry […]

NASD OTC Closed the Week Positive as Niger Delta Exploration and Production Plc Gains 20% WoW!

Culled—Proshare July 13, 2018/NASD Plc   Niger Delta Exploration & Production PLC (SDNDEP) gains 20% WoW! The NASD OTC Market ends the week with an increase in market metrics, as the NASD USI increased by 4.16%, closing at 690.50 points (as against 662.89 points last Friday). Consequently, total market capitalization gained 4.16% this week, closing […]

CBN, FMDQ, FMDA Propel Market Confidence, Unveils FMDQ’s Q-ex Platform for the Fixed Income Market

June 11, 2018/FMDQ OTC Hearty congratulations are undeniably to be in order for the Central Bank of Nigeria (CBN), FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) and the Financial Markets Dealers’ Association (FMDA), the association of FMDQ Dealing Member (Banks), as a most commendable feat has been achieved […]