This significant milestone for CitiTrust Holdings PLC (“CitiTrust Holdings” or the “Company”), a leading Pan-African financial and investment conglomerate in Nigeria, has seen it join other corporate institutions across various sectors of the economy, enjoying the benefits of visibility, transparency and liquidity for issuers and issues that come with the FMDQ Exchange Quotations Service.
This CP Programme registration, which is sponsored by Boston Advisory Limited – a Registration Member (Quotations) of the Exchange – strategically positions CitiTrust Holdings to raise short-term finance easily and quickly from the Nigerian debt markets. By the registration of its CP Programme and quotation of subsequent CPs from the Programme on FMDQ Exchange, 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.
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 sustainabilityfocused 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.