Market Data

NIBOR as at April 25, 2017

Tenor               Rate(%)
Overnight – 35.0833
1 Month – 18.1071
3 Months – 21.5047
6 Months – 23.39669

NIFEX as at April 26, 2017                       

Rate(%)
Spot ($/N)    –    375.69

NITTY as at April 25, 2017

Tenor         Rate(%)
1 Month – 15.2044
3 Months – 18.5818
6 Months – 19.0144
9 Months – 21.1639
12 Months – 22.2985

Money Market                                            
Tenor             Rate(%)
Overnight   – 25.58
OBB            – 25.00
Treasury Bills
Auction Date – April 5, 2017Tenor               Rate(%)
91 Days    –  13.55
182 Days  –  17.21
364 Days  –   18.74
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

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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.
11-12 May 2017
Introduction to Treasury Management
Lagos
Preview
18-19 May 2017
Asset & Liabilty Management
Lagos

Preview

15-18 May 2017
ACI Dealing Certificate Workshop
Lagos

Preview

Articles – Events – Market news

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 (May 15 – 18, 2017)

ACI DEALING CERTIFICATE WORKSHOP Date:       15 – 18, May 2017 Time:      9.00am – 5.00pm daily Cost:       $1,500.00 per...

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Asset and Liability Management Course (May 18 – 19, 2017)

Asset and Liability Management has become a risk management technique designed to earn adequate returns while maintaining a comfortable level of...

UPDATES & INSIGHTS

Members