{"id":1087582,"date":"2025-07-16T12:31:28","date_gmt":"2025-07-16T12:31:28","guid":{"rendered":"https:\/\/fmdqgroup.com\/exchange\/providus-bank-limited-taps-nigerian-debt-markets-with-%e2%82%a6100-00-billion-commercial-paper-issuances-on-fmdq-exchange\/"},"modified":"2025-07-16T12:31:28","modified_gmt":"2025-07-16T12:31:28","slug":"providus-bank-limited-taps-nigerian-debt-markets-with-%e2%82%a6100-00-billion-commercial-paper-issuances-on-fmdq-exchange","status":"publish","type":"post","link":"https:\/\/fmdqgroup.com\/exchange\/providus-bank-limited-taps-nigerian-debt-markets-with-%e2%82%a6100-00-billion-commercial-paper-issuances-on-fmdq-exchange\/","title":{"rendered":"Providus Bank Limited Taps Nigerian Debt Markets with \u20a6100.00 Billion Commercial Paper Issuances on FMDQ Exchange"},"content":{"rendered":"
\n

In line with its commitment to deepening Nigeria\u2019s debt markets and supporting broader economic growth, FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or the \u201cExchange\u201d) is pleased to announce the quotation of Providus Bank Limited\u2019s \u20a616.33 billion Series 1 and \u20a683.67 billion Series 2 Commercial Papers (CPs) under its \u20a6100.00 billion CP Issuance Programme on its platform.<\/p>\n

Providus Bank Limited (\u201cProvidus Bank\u201d or the \u201cIssuer\u201d) is a dynamic Nigerian financial institution, recognised for delivering innovative, tech-driven banking solutions tailored to businesses and high-net-worth individuals. Its services span corporate banking, personal banking, digital services, and investment advisory, all aimed at improving financial inclusion, fostering enterprise growth, and promoting wealth creation across Nigeria\u2019s economy. These CPs, sponsored by Greenwich Merchant Bank Limited (Lead Sponsor) and co-sponsored by AVA Capital Partners Limited, Cordros Capital Limited, LeadCapital PLC, PAC Capital Limited, Planet Capital Limited, Rand Merchant Bank Nigeria Limited, Renaissance Securities (Nigeria) Limited, and Vetiva Advisory Services Limited\u2014all Registration Member (Quotations) of the Exchange \u2013 enables the Issuer to access flexible short-term funding from the Nigerian debt market to support its operational and liquidity needs.<\/p>\n

The timely admission of these CPs, along with other securities on FMDQ Exchange, demonstrates the effectiveness of the Exchange\u2019s Securities Admission Service. Like all other securities listed and quoted on the Exchange\u2019s platform, these CPs will benefit from global visibility via the Exchange\u2019s website and systems, transparency through inclusion in the FMDQ Daily Quotations List, governance and continuous information disclosure to protect investors\u2019 interests, credible price formation, among other benefits.<\/p>\n

FMDQ Group PLC is Africa\u2019s 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 \u2013 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\u2019s premier Green Exchange \u2013 FMDQ Green Exchange \u2013 positioned to lead the transition towards a sustainable future.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In line with its commitment to deepening Nigeria\u2019s debt markets and supporting broader economic growth, FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or the \u201cExchange\u201d) is pleased to announce the quotation \u2026<\/p>\n

Providus Bank Limited Taps Nigerian Debt Markets with \u20a6100.00 Billion Commercial Paper Issuances on FMDQ Exchange<\/span> Read More \u00bb<\/a><\/p>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[192],"tags":[],"class_list":["post-1087582","post","type-post","status-publish","format-standard","hentry","category-fmdq-in-the-news"],"_links":{"self":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/1087582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/comments?post=1087582"}],"version-history":[{"count":0,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/1087582\/revisions"}],"wp:attachment":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/media?parent=1087582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/categories?post=1087582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/tags?post=1087582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}