FMDQ Exchange approves Capital Sage Technology’s N45.12b CP

October 12, 2026 by Our Reporter FMDQ Securities Exchange Limited (FMDQ Exchange) has approved the quotation of three commercial papers by CapitalSage Technology Limited totaling N45.12 billion. The CPs included N4.29 billion Series 1, N3.33 billion Series 2 and N37.50 billion Series 3, all being issued under the firm’s N75 billion CP programme. CapitalSage is a technology company focused on delivering solutions that support the evolving needs of businesses and consumers within Nigeria’s digital economy. The net proceeds from the CP issuances will be deployed to support the firm’s funding requirements and strategic initiatives, further strengthening its capacity to deliver technology-driven solutions and contribute to the continued growth of Nigeria’s digital economy. Group Chief Operating Officer, FMDQ Group Plc, Ms. Tumi Sekoni said the successful quotation of CapitalSage Technology Limited’s Commercial Papers on FMDQ Exchange demonstrated the continued relevance of the Nigerian debt capital market as a channel for businesses to access short-term funding. “At FMDQ Exchange, we remain committed to providing a transparent, efficient and credible platform that enables businesses to access capital, strengthen their operations and contribute meaningfully to the growth and development of Nigeria’s economy,” Sekoni said. Read Also: Over-delayed investment She added that through its comprehensive suite of services, FMDQ Exchange has continued to support market participants with efficient and transparent access to the financial markets, facilitating capital formation, and enabling businesses to optimise funding opportunities and advance their strategic objectives. She said: “The Exchange remains committed to facilitating financial market efficiency and creating opportunities for market participants to achieve their strategic and long-term financial objectives. “This approval by the Exchange’s board listings and markets committee reinforces FMDQ Exchange’s role as a trusted platform for short-term capital market financing and provides CapitalSage with access to the Nigerian debt capital market to support its funding requirements and strategic business objectives”. The CPs were sponsored by United Capital Plc as Lead Sponsor, AIICO Capital Limited, Anchoria Advisory Services Limited, CFG Maynard Limited, Comercio Partners Capital Limited, Cordros Advisory Services Limited, Coronation Merchant Bank Limited, FCMB Capital Markets Limited, Investment One Financial Services Limited, Quantum Zenith Capital & Investments Limited, and Regius Capital Limited as co-sponsors. All the sponsors are registration members for quotations at the Exchange. 📢 ADVERTISEMENT DISCLAIMER: Links above are sponsored posts. The Nation assumes no liability or responsibility for the claims, products, or services offered by third-party advertisers. Proceed with discretion. Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects within a short period. Click now to see!! 🩺 Healthcare is now just a click away! Connect with healthcare professionals from anywhere with DesolNetwork Telemedicine. 👉 Register now & learn more: https://desolnetwork.com Stay informed and ahead of the curve! Follow The Nation Newspaper on WhatsApp for real-time updates, breaking news, and exclusive content. Don't miss a headline — join now! Join The Nation Channel Get instant breaking news and exclusive updates right on your feed! Subscribe to The Nation Newspaper Telegram channel and never miss a headline. Join The Nation on Telegram