As the new year begins, FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) reaffirms its commitment to fostering growth in the Nigerian debt markets and the broader economy. Through its efficient, transparent, and well-regulated market, the Exchange continues to attract and retain both domestic and foreign investors. In line with this commitment, the Exchange, through its Board Listings and Markets Committee, has approved the registration of DLM Capital Group Limited’s ₦20.00 billion Commercial Paper (CP) Programme on its platform.
DLM Capital Group Limited (“DLM Capital Group” or the “Issuer”) is a leading development investment bank offering innovative solutions to address economic and social development challenges. With subsidiaries providing bespoke services in corporate finance advisory, trustee services, asset management, and securities trading, DLM Capital Group supports sovereign entities, sub-sovereign institutions, public and private corporations. This CP Programme, sponsored by DLM Advisory Limited, a Registration Member (Quotations) of the Exchange, allows the Issuer to raise short-term finance from the Nigerian debt markets, through CP issues, within the approved CP Programme limit.
The Nigerian CP market, revived and managed by FMDQ Exchange, continues to create opportunities for issuers to expand their businesses while restoring investor confidence. By continuing to support issuers with tailored financing options, the Exchange is enhancing market efficiency, deepening the Nigerian debt markets, and contributing to the sustainable growth of the economy.
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, clearing & 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 – 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.