FMDQ Approves Registration of The Wema Bank ₦50.00 Billion Commercial Paper Programme

Share This Article
Share on facebook
Share on linkedin
Share on twitter
Share on email

On September 14, 2017, FMDQ OTC Securities Exchange (FMDQ or OTC Exchange) welcomed the commercial paper (CP) programme registration of Wema Bank PLC – the Wema Bank ₦50.00 billion CP Programme (the Wema Bank CP Programme), to its platform. This CP Programme registration strategically positions Wema Bank PLC to easily and quickly raise short-term finance from the debt market at a time in the future it determines suitable, through CP issues, within the CP Programme limit.

 

FMDQ has continued to maintain its support for the development of the Nigerian debt capital markets (DCM) by steadfastly availing its efficient platform for the registration, listing, quotation and trading of debt securities. In line with the strategic objectives of the OTC Exchange to support institutional growth and stimulate continuous development of the Nigerian economy at large, FMDQ is set to host the 2017 Nigerian Debt Capital Markets Conference on September 28, 2017, to yet again avail local and international market participants a well-rounded platform to discuss and strategise on actionable steps to effectively position the Nigerian DCM for growth within the global financial markets space. Further details on the Conference can be found on www.fmdqconferences.com.

 

FMDQ has shown its steadfastness in aligning the Nigerian financial markets to international standards, and has, through the promotion of product innovation and the championing of key market development initiatives, continued to ensure that opportunities abound for the markets under its purview.

More Articles

Empowering Minds & Creating Memories: FMDQ Group Wraps up its 2023 Financial Literacy Summer Camp Programme

MyCredit Investments Limited Quotes ₦2.50 Billion Commercial Paper on FMDQ Exchange

FMDQ Exchange-Traded Derivatives Market Goes Live

FMDQ-OXFO Partnership
With innovative technology and strategic partnerships we create a new value network and redefine the cost structure for homeownership so that more people
FMDQ Sustainability Agenda
FMDQ, through its activities, aims to achieve sustainability in the areas it actively operates and impacts, as such, its Sustainability Strategy is guided by five (5) main Sustainability Pillars…
Report

Get access to industry data and reports

Report

Get access to industry data and reports

Report

Get access to industry data and reports

Report

Get access to industry data and reports