FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) remains steadfast in fostering a transparent, efficient, and well-regulated marketplace that attracts and retains both domestic and international investors. In line with this commitment, FMDQ Exchange, through its Board Listings and Markets Committee, has approved the registration of Fidson Healthcare PLC ₦50.00 billion Commercial Paper (CP) Issuance Programme, on its platform. The registration of this CP Programme is a testament to the Exchange’s efforts to provide issuers with reliable access to capital, while promoting investor confidence through sound market governance and infrastructure.
Fidson Healthcare PLC (“Fidson” or the “Issuer”) is a leading Nigerian pharmaceutical manufacturing company, dedicated to delivering innovative and high-quality healthcare solutions. Its wide product portfolio spans therapeutic segments including anti-infectives, cardiology, pediatrics, and nutritional supplements. Operating a WHO-compliant manufacturing facility and maintaining a strong distribution footprint across Nigeria and West Africa, Fidson continues to play a vital role in improving healthcare outcomes in the region. The CP Programme is sponsored by Coronation Merchant Bank Limited (Lead Sponsor), alongside CardinalStone Partners Limited, FCMB Capital Markets Limited, FSDH Capital Limited, and Rand Merchant Bank Nigeria Limited (Co-Sponsors) – all Registration Members (Quotations) of FMDQ Exchange. Proceeds from the Programme will be deployed by the Issuer towards general corporate purposes.
Through its continued alignment with global standards and adoption of innovative market architecture, FMDQ Exchange supports issuers in unlocking critical funding for transformative initiatives across sectors. By offering a dynamic and inclusive capital market platform, the Exchange enhances operational efficiency, broadens market participation, and contributes significantly to Nigeria’s economic 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.