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OTC Market Receives Volume Traction Even as the Economy Slows

Culled—-Proshare 19/8/2016/NASD OTC Transactions on the OTC Market recorded a significant increase in transactions deals and deal volume as at the end of the first half of 2016, relative to… Read more »

FMDQ Admits ₦0.60bn C & I Leasing Plc Bond to its Platform

Culled—-Proshare August 16, 2016/FMDQ Barely a week into the formal admittance of the N16.79bn UACN Property Development Company PLC’s Commercial Paper, FMDQ OTC Securities Exchange (“FMDQ” or “the Exchange”) has… Read more »

Bond prices decreased across all maturities on profit taking-Daily Review

August 15, 2016/Cowry Asset Research FGN OTC Bond prices decreased across all maturities on profit taking–10.00% FGNJUL 2030 bond,10-year, 16.39% FGN JAN 2022 debt, 7-year, 16.00% FGN JUN 2019 debt… Read more »

FrieslandCampina WAMCO Signs MoU with Federal Government

Culled—-Proshare August 15, 2016/NASD OTC FrieslandCampina WAMCO Nigeria Plc (SDWAMCO), a security traded on the NASD OTC Securities Exchange on Tuesday 9 August, 2016, signed a Memorandum of Understanding (MoU)… Read more »

FMDQ Admits ₦16.79bn UPDC PLC Commercial Paper to its Platform

August 8, 2016/FMDQ OTC Having successfully met the requirements as contained in the FMDQ Commercial Paper (CP) Quotation Rules (the Rules), and subsequent to the approval of the FMDQ Board… Read more »

NASD Plc Signs MoU with Proshare Nigeria Limited

Culled—-Proshare NASD Plc and Proshare Nigeria Limited, Nigeria’s premier Economic and Financial Information Hub, on 2 August 2016 demonstrated their organisation’s commitment towards promoting transparency in the Nigerian Capital market… Read more »

Proshare and NASD Plc form strategic partnership to boost the Nigerian Financial Market

August 2, 2016/Proshare Proshare, Nigeria’s premier Economic and Financial Information Hub and NASD Plc, Nigeria’s foremost securities exchange for unquoted public companies, today announced a landmark partnership aimed at communicating… Read more »

First Naira-Settled OTC FX Futures Contract Matured and Settled July 27 on FMDQ

Culled—-Proshare July 29, 2016/FMDQ ₦962.23mm Settlement Amount paid to the ‘Futures Banks’ on the $/₦279 NGUS JUL 27 2016 contract The month of July is poised to report an encouraging… Read more »

NASD OTC Signs MoU with the League Management Company

Culled—Proshare July 20, 2016/NASD OTC It is with a sense of excitement today that I announce that the NASD OTC Securities Exchange has reached an understanding with the major promoters… Read more »

NASD records positive returns on its index

July 1, 2016 // NASD OTC Plc  Culled—–Proshare The NASD OTC market closed the first half of the year with a growth of 13.29% on its Index. Despite the policy… Read more »