FMDQ Securities Exchange Limited has approved the quotation of Accion Microfinance Bank Limited’s N2.02 billion Series 1 Commercial Paper under its N5.00 billion Commercial Paper Programme, as Payaza Africa Limited seeks to raise about N50 billion from its own issuance.
The approval was conveyed in a release issued by the Exchange on Wednesday, February 25, 2026.
It was granted by the Exchange’s Board Listings and Markets Committee, providing Accion MFB with cost-effective short-term funding to support micro-entrepreneurs and small businesses across Nigeria.
