FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) remains committed to strengthening Nigeria’s debt markets by fostering transparency, liquidity, and accessibility. In line with its mandate to provide a credible platform for capital formation, the Exchange, through its Board Listings and Markets Committee, has approved the quotation of A.R.N Foods Limited’s ₦3.86 billion Series 1 Commercial Paper (CP) under its ₦5.00 billion CP Issuance Programme on its platform.

A.R.N Foods Limited (“A.R.N Foods” or the “Issuer”) is a Nigerian agro-commodity trading and food processing company dedicated to enhancing food security and driving growth within the agricultural value chain. A.R.N Foods specialises in trading rice, maize, sesame seeds, soybean seeds, cocoa, and sorghum, with a vision to become a leading rice milling and commodity trading firm, delivering high-quality produce at competitive prices.

By leveraging this CP, the Issuer gains access to short-term funding essential for sustaining operations and expanding its impact on Nigeria’s agricultural sector. The CP is sponsored by Pathway Advisors Limited (Lead Sponsor), alongside AIICO Capital Limited, Boston Advisory Limited, FSDH Capital Limited, and Norrenberger Advisory Partners Limited (Co-Sponsors) — all Registration Member (Quotations) of the Exchange. This issuance reaffirms FMDQ Exchange’s role in supporting businesses across critical sectors by facilitating access to tailored and efficient financing solutions.

With a well-structured and transparent securities admission process, FMDQ Exchange continues to provide issuers with seamless access to capital, enabling them to bridge financing gaps, drive business expansion, and contribute to Nigeria’s broader economic development of Nigeria.

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.