FMDQ Securities Exchange Limited announced on Monday the approval of the quotation of the Mixta Real Estate Plc N1.02bn Series 36 Commercial Paper under its N20bn Commercial Paper Issuance Programme.

The Exchange said in a statement that the Nigerian commercial paper market continued to demonstrate resilience and consistency in providing succour to corporates across diverse sectors by offering a viable platform for them to raise finance to fund their capital requirements.

It said, “The admission of this CP on FMDQ Exchange, which is sponsored by FBNQuest Merchant Bank – a registration member (quotation), serves to re-affirm FMDQ Exchange’s efforts in boosting investor confidence and reinventing the Nigerian CP market.

“As an Exchange positioned to bring about revolutionary changes in the Nigerian capital market, FMDQ Exchange, through the collective efforts of its varied stakeholders, shall continue to deliver value-adding initiatives, ranging from the continuous upgrade of its Listings and Quotations Service, to product and market innovations, amongst others.”

FMDQ Exchange said it remained committed to articulating and pioneering, innovative ways to improve and make the Nigerian financial markets globally competitive, operationally excellent, liquid, and diverse.