{"id":18230,"date":"2022-02-10T09:58:05","date_gmt":"2022-02-10T09:58:05","guid":{"rendered":"https:\/\/fmdqgroup.com\/exchange\/fmdq-exchange-welcomes-the-providus-bank-limited-%e2%82%a6100-00-billion-commercial-paper-programme-on-its-platform\/"},"modified":"2022-04-19T11:49:43","modified_gmt":"2022-04-19T11:49:43","slug":"fmdq-exchange-welcomes-the-providus-bank-limited-%e2%82%a6100-00-billion-commercial-paper-programme-on-its-platform","status":"publish","type":"post","link":"https:\/\/fmdqgroup.com\/exchange\/fmdq-exchange-welcomes-the-providus-bank-limited-%e2%82%a6100-00-billion-commercial-paper-programme-on-its-platform\/","title":{"rendered":"FMDQ Exchange Welcomes the Providus Bank Limited \u20a6100.00 billion Commercial Paper Programme on its Platform"},"content":{"rendered":"<div>\n<p>&nbsp;<\/p>\n<p>As the leading organiser for the Nigerian debt capital market (DCM), FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or \u201cthe Exchange\u201d), through its Board Listings and Markets Committee, has approved the <strong>registration of the Providus Bank Limited (\u201cProvidus Bank\u201d) \u20a6100.00 billion Commercial Paper (CP) Programme<\/strong> on its platform. The registration of this CP Programme strategically positions Providus Bank Limited to raise short-term finance from the Nigerian DCM easily, through CP issues within its CP Programmeand quote same on FMDQ Exchange for visibility of the issue and desired transparency for the investors.<\/p>\n<p>Providus Bank is a Nigerian financial services provider, licenced as a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Commercial_bank\">commercial bank<\/a> to provide banking, investment and wealth management services to individuals and businesses. The registration of this CP programme, sponsored by Greenwich Merchant Bank Limited \u2013 a Registration Member (Quotations) of FMDQ Exchange, validates the Exchange\u2019s conscious drive to support the capital market needs of corporates and governments and to further deepen the Nigerian financial markets, and ultimately, the nation\u2019s economy. FMDQ Exchange will continue to work collaboratively with market stakeholders to align the debt capital markets with international standards, and will, through product and service innovation and the championing of key market development initiatives, take commendable steps to ensure that growth and development opportunities abound for the markets under its purview.<\/p>\n<p>FMDQ Group is Africa\u2019s first vertically integrated financial market infrastructure (FMI) group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing &amp; central counterparty, settlement, and risk management for financial market 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, 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<p>The post <a href=\"https:\/\/fmdqgroup.com\/fmdq-exchange-welcomes-the-providus-bank-limited-%E2%82%A6100-00-billion-commercial-paper-programme-on-its-platform\/\" rel=\"nofollow\">FMDQ Exchange Welcomes the Providus Bank Limited \u20a6100.00 billion Commercial Paper Programme on its Platform<\/a> appeared first on <a href=\"https:\/\/fmdqgroup.com\/\" rel=\"nofollow\">FMDQ Group<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/fmdqgroup.b-cdn.net\/wp-content\/uploads\/2022\/03\/Providus-Feb.-2022-1024x1024.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/FMDQGroup.b-cdn.net\/wp-content\/uploads\/2022\/03\/Providus-Feb.-2022-1024x1024.jpg 1024w, https:\/\/FMDQGroup.b-cdn.net\/wp-content\/uploads\/2022\/03\/Providus-Feb.-2022-300x300.jpg 300w, https:\/\/FMDQGroup.b-cdn.net\/wp-content\/uploads\/2022\/03\/Providus-Feb.-2022-500x500.jpg 500w, https:\/\/FMDQGroup.b-cdn.net\/wp-content\/uploads\/2022\/03\/Providus-Feb.-2022-768x769.jpg 768w, https:\/\/FMDQGroup.b-cdn.net\/wp-content\/uploads\/2022\/03\/Providus-Feb.-2022.jpg 1486w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/p>\n<p>As the leading organiser for the Nigerian debt capital market (DCM), FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or \u201cthe Exchange\u201d), through its Board Listings and Markets Committee, has approved the \u2026<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/fmdqgroup.com\/fmdq-exchange-welcomes-the-providus-bank-limited-%E2%82%A6100-00-billion-commercial-paper-programme-on-its-platform\/\"> <span class=\"screen-reader-text\">FMDQ Exchange Welcomes the Providus Bank Limited \u20a6100.00 billion Commercial  Paper Programme on its Platform<\/span> Read More \u00bb<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/fmdqgroup.com\/fmdq-exchange-welcomes-the-providus-bank-limited-%E2%82%A6100-00-billion-commercial-paper-programme-on-its-platform\/\">FMDQ Exchange Welcomes the Providus Bank Limited \u20a6100.00 billion Commercial  Paper Programme on its Platform<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/fmdqgroup.com\/\">FMDQ Group<\/a>.<\/p>\n<\/div>\n","protected":false},"author":5,"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":""}},"page_builder":"","footnotes":""},"categories":[191],"tags":[],"class_list":["post-18230","post","type-post","status-publish","format-standard","hentry","category-listings-quotations"],"_links":{"self":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/18230","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/comments?post=18230"}],"version-history":[{"count":0,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/18230\/revisions"}],"wp:attachment":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/media?parent=18230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/categories?post=18230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/tags?post=18230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}