20 July 2018 ( Lagos ) : FMDQ OTC Securities Exchange yesterday listed Dangote Cement Plc’s N50 billion commercial papers, the biggest CP programme so far on the Nigerian debt capital market on its platform. The CP is a dual tenure issuance under the company’s N150 billion CP programme established in November, 2017. 

The CP comprises of N12.04 billion and N37.96 billion issuances and is series 1 & 2 under the N150 billion CP programme. This seems to be a significant  effort by FMDQ to deepen the domestic debt capital market.

Reporting for EasyKobo on Friday, 20 July 2018 in Lagos, Nigeria