In line with its commitment to fostering innovation in Nigeria’s capital markets, driving economic growth, and promoting shared prosperity, FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) has approved the quotation of Neveah Limited ₦3.47bn Series 1 and ₦8.28 billion Series 2 Commercial Papers (CPs) under its ₦30.00 billion CP Issuance Programme, on its platform. This approval underscores FMDQ Exchange’s role as a reliable platform for facilitating capital access through well-structured debt instruments.

Neveah Limited (“Neveah” or the “Issuer”) is a Nigerian commodities trading and export company that specialises in the sourcing, processing, and export of solid minerals and agricultural products. With a strong emphasis on quality, traceability, and sustainability, the company operates across key value chains including tin, lead, zinc, and cocoa. Leveraging its integrated supply chain and robust logistics network, Neveah meets the demands of international clients, while contributing to Nigeria’s
non-oil export diversification strategy. This CP programme, sponsored by United Capital PLC a Registration Member (Quotations) of the Exchange, positions the Issuer to raise short-term finance from the Nigerian debt markets easily, through CP issues within its CP Programme limit.

FMDQ Exchange remains committed to transforming Nigeria’s capital markets by providing issuers with a transparent, efficient and rules-driven platform that aligns with global standards. Through innovation, credibility, and ease of access, the Exchange continues to support meaningful capital mobilisation for projects that drive productivity and foster inclusive 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, 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.