This award goes to the Securities and Exchange Commission, Nigeria for the action/initiative during the last 5 years that has had the most significant and progressive transformation in the capital markets. This action/initiative has caused a glaring positive difference in the markets and has made for an improved market.
Nominations
1) The Nigerian Capital Market Master Plan (2015 – 2025)
2) Licencing of FMDQ OTC Securities Exchange & FMDQ Clear Ltd.
3) Regulatory Framework Expansion – Rules on (i) Green Bonds, (ii) Securitisation and (iii) Trading in Unlisted Securities
To vote, click here
This award goes to the National Pension Commission for the action/initiative during the last 5 years that has had or has the potential to have the most significant and progressive transformation in the capital markets. This action/initiative has caused a glaring positive difference in the markets and has made for an improved market.
Nominations
1) The Retirement Savings Account (RSA) Multi-Fund Structure
2) Pension Reform Act 2014
(i) Review of pension contribution rate from 7.50% for employers to 12.00% and from 7.50% to 8.00% for employees;
(ii) Utilisation of pension funds for infrastructure and real estate sector development; and
(iii) Enhanced coverage of the Contributory Pension Scheme and Informal Sector Participation.
3) Micro Pension Plan Guidelines
To vote, click here
This award goes to the FMDQ Affiliate Member Inter-broker voted by Members as providing the most exemplary brokerage service.
Nominees
1) ICAP African Brokers Ltd.
2) Parthian Partners Ltd.
3) Krosk Partners Ltd.
To vote, click here
This award goes to the buy-side participant that has been voted the most active player in the fixed income market by FMDQ Dealing Members.
Nominees
1) ARM Pension Managers Ltd.
2) Stanbic IBTC Pension Managers Ltd.
3) Premium Pension Ltd.
To vote, click here
This award goes to the institution that has been voted the most active non-bank corporate player in the foreign exchange market by FMDQ Dealing Members.
Nominees
1) Dangote Group
2) MTN Nigeria Communications Ltd.
3) Olam Group
To vote, click here
This award goes to the institution that has been voted by FMDQ Dealing Members as the most active foreign portfolio investor in the Nigerian fixed income and currency markets, contributing significantly to foreign currency inflows to the nation.
Nominees
1) ABSA Group Ltd., SA
2) Goldman Sachs Int’l, UK
3) J.P. Morgan, UK
To vote, click here
This award goes to an institution that was established to fulfil a fundamental gap in the DCM; and has the potential to galvanise and propel development in the DCM.
Nominees
1) Infracredit (Credit Enhancement) – Provides local currency guarantees to enhance the credit quality of debt instruments issued to finance creditworthy infrastructure assets in Nigeria that conform with its eligibility criteria. InfraCredit’s guarantees would act as a catalyst to attract the investment interest from pension funds, insurance firms and other long term investors, thereby deepening the DCM.
2) Nigeria Mortgage Refinance Co. (Mortgage Refinancing) – A private sector-driven mortgage refinancing company with the public purpose of promoting home ownership for Nigerians while deepening the primary and secondary mortgage markets. With a mission to break down barriers to home ownership by providing liquidity, affordability, accessibility and stability to the housing market in Nigeria, NMRC raises long-term funds from the DCM to enhance access to affordable housing finance in Nigeria.
3) Mortgage Warehouse Funding Ltd. (Mortage origination/Bridge lending) – A special purpose company set up to provide short-term funding to mortgage banks (members) with the aim of glavanising the Nigerian mortgage financing eco-system.
To vote, click here