FMDQ

FMDQ Exchange Approves Ojaja Pan Africa’s ₦25.53bn Commercial Papers

FMDQ Exchange has approved the quotation of Ojaja Pan Africa Limited’s ₦25.53 billion commercial papers under its ₦100 billion issuance programme. The approved papers comprise ₦4.80 billion Series 1, ₦1.36 billion Series 2 and ₦19.37 billion Series 3...

Nigeria’s FX Market Turnover Climbs 22 Percent To $2.84bn On Strong Spot, Derivatives Trading

June 29 (THEWILL) — Nigeria's foreign exchange market recorded a sharp increase in trading activity in the week ended June 26, 2026, with total turnover rising 22.06 percent to $2.84 billion, driven by stronger transactions in both the spot...

FMDQ Names Zeal Akaraiwe Group CEO As Onadele Koko Bows Out After 12 Years

June 1 (THEWILL) — FMDQ Group Plc has appointed seasoned financial markets expert, Zeal Akaraiwe, as its new Group Chief Executive Officer, ushering in a new era of leadership at Nigeria’s leading over-the-counter financial market infrastructure group. The appointment follows...

OMO Bills Overtake FX As FMDQ Exchange Turnover Hits ₦249.18trn In Four Months

May 21, (THEWILL) — The FMDQ Exchange recorded a total market turnover of ₦249.18 trillion between January and April 2026, reflecting sustained trading activity across Nigeria’s fixed income, foreign exchange, and money markets. The figures, disclosed by the Group Chief...

FMDQ Deepens Financial Literacy Drive With Student Outreach For Global Money Week

March 25, (THEWILL) — FMDQ Group Plc has reinforced its commitment to youth financial literacy by engaging secondary school students in a targeted outreach programme to mark the 2026 Global Money Week 2026. The initiative, delivered through its flagship...

FMDQ Exchange Records N676.7tn Turnover in 2025

February 20, (THEWILL) — Nigeria’s fixed income and currency market recorded a total turnover of N676.71 trillion on the FMDQ Exchange between January and December 2025, underscoring sustained activity across the country’s debt and foreign exchange segments. The turnover was...

FMDQ Effects Name Change, Renames ‘NSOFF’ Product To ‘Cleared USD/NGN NDFs’

October 29, (THEWILL) - In a recent market notice, the FMDQ Exchange has announced a significant change in the terminology used within the Nigerian Foreign Exchange (FX) market. The FMDQ informed all stakeholders in the Nigerian Foreign Exchange (FX) market...

FMDQ Changes ‘I&E Window’ to ‘NAFEM’

October 19, (THEWILL) – In a move to abolish segmentation within the foreign exchange (FX) market and bring about greater consistency in terminology, the FMDQ Exchange has announced the change of Investors’ and Exporters’ (I&E) Window” to Nigerian...

FMDQ Posts N59.7tr Turnover In Three Months As CPs Hit N412bn

October 03, (THEWILL) - FMDQ Securities Exchange secondary market turnover hits N59.3 trillion between June and August. The figure is higher than N53 trillion achieved in the corresponding period in 2022. Secondary market turnover on FMDQ Exchange in August 2023 stood...

FMDQ Group Wraps Up 2023 Financial Literacy Summer Camp Programme

August 30 (THEWILL) - FMDQ Group Plc, has successfully completed the 4th edition of its FMDQ-Next Summer Camp Programme at its business complex, Exchange Place, in Lagos. The programme, which is part of its commitment to fostering financial literacy in...
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