The registration of this CP Programme
reinforces the confidence of issuers in FMDQ Exchange’s platform, and the
Nigerian capital market as a viable marketplace to raise funds to meet funding
requirements of companies and governments.
Daraju Industries Limited is a Nigerian
registered company with its focus on manufacturing and local trading of
household items such as fabric care, oral care and body care products, amongst
others.
The registration of this CP Programme,
which is sponsored by FBNQuest Merchant Bank Limited, a Registration Member
(Quotations) of the Exchange, strategically positions Daraju Industries to
raise short-term finance for its working capital needs, from the Nigerian DCM
efficiently and at any time deemed suitable, through CP issues, within the
approved Programme limit.
FMDQ Exchange continues to sustain efforts
in ensuring that corporates have uninterrupted access to a credible and robust
platform for the registration, listing, quotation, and trading of debt securities.
The Exchange, through continuous
information disclosure, will continue to provide tailored and value-adding
services, offer end-to-end support for a streamlined and seamless process,
foster transparency and information symmetry, and promote credibility.
FMDQ Group is Africa’s first vertically integrated financial market infrastructure (FMI) group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing & central counterparty, settlement, and risk management for financial market transactions; depository of securities, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets, through its wholly owned subsidiaries – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited.
As a sustainability-focused FMI group, FMDQ Group, through FMDQ
Exchange, operates Africa’s premier Green Exchange – FMDQ Green Exchange –
positioned to lead the transition towards a sustainable future.
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