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NASD Releases Exposure Draft of Proposed Rules; NMRC Held 4th AGM

Culled—Proshare 3/8/2018/NASD Plc The NASD OTC Market ends the week with an increase in market metrics, as the NASD USI decreased by 1.2%, closing at 705.75 points (as against 707.45 points last Friday). Consequently, total… Read more »

NASD Market Cap Closed Higher by 1.2%; LBIC Shareholders Approve Admission To NASD

Culled—Proshare 30/7/2018/NASD Plc The NASD OTC Market ends the week with an increase in market metrics, as the NASD USI increased by 1.2%, closing at 707.45 points (as against 699.13 points last Friday). Consequently,… Read more »

FMDQ Shareholders Approve N5bn Capital Raise, Name Change

30/7/2018/Vanguard By Nkiruka Nnorom Shareholders of FMDQ OTC Plc have approved the plan by the Board of Directors to raise N5 billion fresh capital to further boost its operation. The… Read more »

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… Read more »

FMDQ unveils critical Clearing Infrastructure

June 4, 2018/FMDQ FMDQ positions to bolster liquidity and financial system stability in Nigeria through the establishment of first-class central clearing and settlement structure The Nigerian fixed income and derivatives… Read more »

CBN Direct Banks to Pledge N1.0 Billion Govt Securities for OTC Trade Settlement

May 31, 2018 By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday directed all Deposit Money Banks (DMBs) with effect from Friday June 1, 2018 to… Read more »

FMDQ Clear, Frontclear Sign MoU to Deliver First-Class Clearing Structure in Nigeria

May 31, 2018/FMDQ Clear On May 31, 2018, FMDQ Clear Limited and Frontclear signed an agreement to jointly enhance Nigeria’s first central clearing house structure, with the support of a… Read more »

NASD USI Sheds 3.6% WoW

Culled—Proshare May 14, 2018/NASD Plc The Week in Review The NASD OTC Market ends the week with a decrease in market metrics, as the NASD USI decreased by 3.6%, closing at 685.61 points (as against 711.44 points last Friday). Consequently,… Read more »

 

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