CitiTrust Holdings Joins FMDQ Exchange’s Thriving CP Market

FMDQ Securities Exchange Limited, on Friday registered the ₦50bn Commercial Paper Programme of CitiTrust Holdings Plc’s, a leading Pan-African financial and investment conglomerate in Nigeria, on its platform.

The CP Programme registration, sponsored by Boston Advisory Limited, is expected to strategically positions CitiTrust Holdings to raise short-term finance easily and quickly from the Nigerian debt markets.

By the registration of its CP Programme, FMDQ said in a statement, “the company will avail on exceptional benefits which include, but are not limited to, unrivalled and efficient platform for access to capital, enhanced investor confidence, continuous information disclosure to protect investor interest, effective price formation, and increased global visibility.”