Market Data

NIBOR as at June 21, 2017

Tenor               Rate(%)
Overnight – 21.0833
1 Month – 19.4827
3 Months – 21.0013
6 Months – 23.5317

NIFEX as at June 21, 2017                       

Rate(%)
Spot ($/N)    -325.00

NITTY as at June 21, 2017

Tenor         Rate(%)
1 Month – 17.3870
3 Months – 18.2529
6 Months – 19.2033
9 Months – 21.3176
12 Months – 22.5143

Money Market as at June 21, 2017                                            
Tenor             Rate(%)
Overnight   – 19.00
OBB            – 18.00
Treasury Bills
Auction Date – June 14, 2017
Tenor               Rate(%)
91 Days    – 13.50
182 Days  – 17.30
364 Days  –   18.6899
Monetary Policy Rate (MPR)
Rate (%)    –  14.00

 

Background

ABOUT FMDA


The Financial Markets Dealers Association of Nigeria (FMDA) formerly known as Money Market Association of Nigeria (MMAN) is a self regulatory body in Nigeria; initially registered in 1989 under land (Perpetual succession) Act of 1962 and registered later under the Incorporated Trustees on 11th March 2010 as FMDA; to build capacity, identify, support and develop, where necessary possible financial market infrastructure, human capital and promote professional and ethical standards in treasury activities in Nigeria.

SERVICES

ITM

Capacity Building

  • Skills Development
  • Treasury Market Practice
  • Training by Foreign Experts

d1

Certification

  • Treasury Management Certification
  • Intermediate Module
  • Advanced Module

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Advocacy

  • Policy Advocacy
  • Promoting Sound Market Practice
  • Facilitate Liquidity and Market Deepening

facility

Facility Management

  • Audio Visual Aids
  • Overhead Projectors
  • Public Address System
  • An Ample Car Park

UPCOMING TRAINING PROGRAMMES

The Training function of the Association supports promotion of ethical conduct and enhancement of the skills and competencies of members to global standards has been one of the main focuses of the Financial Markets Dealers Association (FMDA).
Consequently, the Association has continued to provide training programmes that emphasize appropriate banking and treasury skills through quality training programmes coupled with high level of Professional ethics.
6-7 July 2017
Treasury Risk Management
Lagos
Preview
13-14 July 2017
Advanced Treasury Risk Management
Lagos
Preview
21-24 August 2017
ACI Dealing Certificate Workshop
Lagos

Preview

22-24 September 2017
Securities Trading Simulation (STS) Game
Lagos

Preview

Articles – Events – Market news

trade-simulation

Securities Trading Simulation (STS) Game

Securities Trading Simulation (STS) Game Date:             September 22 – 24, 2017 Cost:              N500,000.00 (Five hundred thousand naira...

conference

One day free Seminar – Introduction to Derivatives (Friday, May 19, 2017)

The Association, in line with its commitment to developing human capital within the financial markets is organizing a one-day Seminar. The...

ITM

ACI Dealing Certificate Workshop (August 21 – 24, 2017)

ACI DEALING CERTIFICATE WORKSHOP Date:       21– 24, August 2017 Time:      9.00am – 5.00pm daily Cost:       $1,500.00 per...

UPDATES & INSIGHTS

Members