Over-the-Counter Beat

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 and 3-year, 13.05% FGN AUG 2016 debt lost N0.63, N0.65 and N0.93 and N6.24 respectively (corresponding yields rose to 15.389%, […]

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) with the Federal Government of Nigeria to improve dairy production in the country. This agreement comes at a crucial time […]

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 Listings, Markets and Technology Committee, the UACN Property Development Company (UPDC) PLC N16,799,893,000.00 CP (UPDC CP) was admitted for quotation […]