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The FMDQ Securities Exchange Limited has announced the registration of the Parthian Partners Limited ₦20.00 billion Commercial Paper (CP) Programme to its platform. ....
The Nigerian Debt Capital Market (DCM) has continued to witness significant activity among corporates seeking a viable avenue to raise capital to meet their financing needs. To this end, FMDQ Securities Exchange Limited (FMDQ Exchange) is again pleased to announce and welcome the registration of the Parthian Partners Limited ₦20.00 billion Commercial Paper (CP) Programme to its platform. The registration of this CP Programme strategically positions Parthian Partners Limited (Parthian Partners) to raise short-term finance from the DCM with speed at a time in the future when it determines suitable, through CP issues within the CP Programme limit. In support of the growth and revitalisation of the Nigerian economy, FMDQ championed the resuscitation of the CP market to provide corporate and commercial businesses with the opportunity to meet their short-term funding requirements, whilst building their profiles within the Nigerian DCM. ....