FMDQ – InfoStride News

CFA Society, FMDQNext train EKSU students in investment

Temitope Nlewemchi — Thu, 17 Oct 2024 20:38:38 +0000

In a bid to enhance financial literacy and investment knowledge among Nigerian students, the CFA Society Nigeria, in collaboration with FMDQNext, has conducted an extensive training program for students at Ekiti State University (EKSU). The initiative is part of a broader effort to equip young Nigerians with practical skills in investment, financial markets, and wealth [...]

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FMDQ rebrands the “I&E Window” as “NAFEM,” ushering in a fresh financial era

Temitope Nlewemchi — Thu, 19 Oct 2023 22:00:57 +0000

In a recent market notice, the Central Bank of Nigeria (CBN) has unveiled a momentous alteration in the nomenclature employed within the Nigerian Foreign Exchange (FX) market. All references to the Investors’ and Exporters’ (I&E) FX Window have been officially substituted with the Nigerian Autonomous Foreign Exchange Market (NAFEM). This substantial modification finds its basis [...]

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FMDQ attracted N411bn worth of securities in 2020

Temitope Nlewemchi — Mon, 09 Aug 2021 18:07:47 +0000

Amid the harsh operating environment, FMDQ Securities Exchange’s activation of market penetration strategy for securities-related services attracted a total of 21 securities valued at about ₦411 billion in 2020. At the exchange virtual 9th yearly general meeting held at the weekend, the Group Chairman, Dr. Kingsley Obiora, said 2020 was a landmark year for FMDQ, [...]

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Dollar pulls back on rising optimism

Temitope Nlewemchi — Mon, 02 Aug 2021 21:16:23 +0000

Data suggest increasing perception about naira The dollar pulled back at the parallel market at the weekend on the strength of rising market optimism and ease of panic over the stoppage of foreign exchange sale to the bureau de change (BDC) operators. The dollar traded between N505/$ and N515/$ in the Lagos market at the [...]

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FMDQ Exchange admits FBNQuest Merchant Bank’s commercial paper

Temitope Nlewemchi — Fri, 16 Jul 2021 19:41:20 +0000

FMDQ Securities Exchange Limited has continued to avail its credible and efficient platform, as well as tailor its Listing and Quotation services to suit the needs of issuers and its registration members (sponsors of issuances on FMDQ Exchange). Following its due diligence process, the Exchange, through its Board Listings and Markets Committee, has approved the [...]

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