FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) continues to play a pivotal role in advancing Nigeria’s financial markets, leveraging its innovative platform to facilitate transparent and efficient capital formation. Demonstrating its unwavering support for market development, the Exchange, via its Board Listings and Markets Committee, approved the registration of Addosser Microfinance Bank Limited’s ₦10.00 billion Commercial Paper (CP) Issuance Programme. This approval further underscores FMDQ Exchange’s commitment to promoting sustainable economic growth and deepening market integrity.

Addosser Microfinance Bank Limited (“Addosser” or the “Issuer”), established in 2008, has distinguished itself as a leading microfinance institution in Nigeria. With a mission focused on providing underserved households and small businesses access to a broad range of financial services, Addosser contributes significantly to the development of Nigeria’s Micro, Small, and Medium Enterprises (MSME) sector — a vital component of the nation’s economic fabric. The CP Programme, sponsored by Anchoria Advisory Services Limited (Lead Sponsor) and SCM Capital Limited (Co-Sponsor), both Registration Members (Quotations) of FMDQ Exchange, enables the Issuer to access short-term funding through the Nigerian debt markets under the approved Programme limit.

Expressing his delight at the successful registration of the CP Programme, the Managing Director/Chief Executive Officer, Addosser Microfinance Bank Limited, Mr. Bayo Fabiyi, stated that “Addosser Microfinance Bank Limited is pleased to announce the successful registration of our ₦10.00 billion CP Programme on FMDQ Exchange. This milestone represents a significant advancement in our funding strategy and demonstrates the confidence of the market in our business model and financial stability. Our journey began in 2008 as a unit Microfinance Bank, driven by a vision to provide innovative, quality and convenient microfinance services to individuals and MSMEs. Today, with over twenty-five (25) branches in Lagos, we’ve established ourselves as a leading microfinance institution committed to financial inclusion and economic empowerment”. He further stated that “this growth trajectory has culminated in our ability to register this ₦10.00 billion CP Programme, which marks a transformative chapter in our story. The CP Programme will enable us to diversify our funding sources, optimise our capital structure, and enhance our capacity to fulfill our mission of providing accessible financial services to micro, small, and medium enterprises. We are committed to utilising this platform to strengthen our position in the microfinance sector while creating sustainable value for all our stakeholders.”

Also, the lead sponsor of the CP Programme on the Exchange, Anchoria Advisory Services Limited, through its Managing Director, Mr. Sam Chidoka, commented “Anchoria Advisory Services Limited, the Financial Adviser and Co-sponsor to the ₦10.00 billion CP Programme of Addosser Microfinance Bank Limited, is pleased to convey the registration of the CP Programme to the market. This landmark transaction reflects the Addosser’s strong fundamentals and its commitment to deepening access to finance for MSMEs across Nigeria. This transaction not only provides Addosser with a viable platform to access short-term funding from the capital markets, but also reinforces investor confidence in its growth strategy, governance structure, and financial soundness. This is a testament of our commiment to supporting institutions like Addosser in unlocking capital to drive inclusive economic growth”.

FMDQ Exchange, with a deep understanding of corporate financing needs, remains committed to delivering agile and forward-thinking capital market solutions. By bridging issuers with the right funding opportunities, the Exchange supports the design and execution of tailored debt instruments that align with business goals, while ensuring market accessibility, speed, and efficiency. This commitment fosters a robust and inclusive financial ecosystem, empowering organisations across sectors to unlock value and contribute meaningfully to Nigeria’s economic advancement.

FMDQ Group PLC is Africa’s first vertically integrated financial market infrastructure (“FMI”) group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading platform, clearing & central counterparty, and settlement services for financial markets transactions; depository of securities, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets, through its wholly owned subsidiaries – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited. As a sustainability-focused FMI group, FMDQ Group PLC, through FMDQ Exchange, operates Africa’s premier Green Exchange – FMDQ Green Exchange – positioned to lead the transition towards a sustainable future.