As the Nigerian debt markets continue to evolve, FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) remains committed to fostering growth through technological innovation and strategic market solutions. In line with this objective, the Exchange, through its Board Listings and Markets Committee, has approved the registration of the Finceptive Limited ₦5.00 billion Commercial Paper (CP) Issuance Programme, thereby expanding access to alternative funding for its business activities.

Finceptive Limited (“Finceptive” or the “Company”), incorporated in July 2021, is a value chain financing focused on bridging the gap between suppliers, buyers, and financiers through innovative financial solutions. The Company offers a range of services, including invoice discounting, supply chain financing, and accounts receivable financing, all designed to unlock trapped liquidity, improve cash flows, and support business growth. This CP Programme, sponsored by Cordros Capital Limited – a Registration Member (Quotations) of the Exchange, enables Finceptive to secure short-term financing from Nigeria’s debt markets, offering liquidity to fuel its expansion and innovation.

Speaking on the successful CP registration, the Chief Executive Officer, Finceptive Limited, Mrs. Ogochukwu Anerobi, stated “The successful registration of our ₦5.00 billion CP Programme with FMDQ Exchange is a significant milestone for Finceptive. It not only enhances our financial flexibility but also positions us for greater growth in the future. This achievement demonstrates our strong financial position and commitment to innovation in our services. With access to the capital markets, we are well-equipped to accelerate our expansion plans, enhance our technology infrastructure, and invest in areas such as supply chain finance, which is crucial for our clients. We are excited about the opportunities this CP Programme will bring, and we look forward to driving even greater value for businesses across Nigeria”.

Also commenting, the Head, Investment Banking, Cordros Capital Limited, Mr. Saheed Okubena, remarked “This CP Programme marks a significant milestone in Finceptive’s journey, and we are pleased to have been part of the process. Finceptive’s commitment to providing innovative financial solutions and their strong market positioning makes them a key player in the Nigerian financial services sector. Cordros Capital Limited looks forward to continuing to support their growth and strategic objectives as they access the capital market for future financing needs”.

FMDQ Exchange continues to modernise capital market access by integrating digital efficiency, enhancing transparency, and the creation of diverse investment opportunities for issuers and investors alike. By fostering a well-regulated, innovative, and dynamic financial ecosystem, the Exchange is reinforcing Nigeria’s position as a hub for sustainable capital formation and long-term economic resilience.

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.