As part of its continued commitment to enhancing market efficiency and transparency within the Nigerian financial markets, FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) has approved the registration of Alert Microfinance Bank Limited’s ₦10.00 billion Commercial Paper (CP) Programme, on its platform.
The approval, granted by the Board Listings and Markets Committee of the Exchange, reinforces FMDQ Exchange’s role in providing a robust and integrated platform for the seamless admission, registration, listing, and quotation of securities. This purpose-built infrastructure supports issuers in achieving their funding goals while promoting investor confidence through sound governance and transparency.
Alert Microfinance Bank Limited (“Alert” or the “Issuer”) is a financial institution focused on impact-driven investments and guided by strong Environmental, Social, and Governance principles, and specialises in Small and Medium-sized Enterprises and Micro, Small and Medium Enterprises lending. Alert is dedicated to unlocking capital for sustainable growth, delivering affordable, reliable, and transparent financial solutions to the MSME sector across Nigeria and Africa, and creating long-term value for its customers and stakeholders. The CP Programme is sponsored by Quantum Zenith Capital and Investments Limited – a Registration Member (Quotations) of the Exchange – and provides the Issuer with access to short-term funding from the Nigerian debt markets within the approved programme limit.
Through its innovative market architecture and steadfast dedication to facilitating capital access for corporates, FMDQ Exchange continues to play a leading role in deepening the Nigerian debt markets. By streamlining securities admission and offering issuer-focused services, the Exchange empowers businesses to unlock strategic funding opportunities aligned with their operational needs – further reinforcing its role as a catalyst for economic development and sustainable business growth.
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.