FMDQ gets SEC approval-in-principle for central counterparty registration

Nigeria’s Securities and Exchange Commission has given FMDQ Clear its nod in principle to register as a Central Counterparty. With this approval, FMDQ Clear will transit from a Central Clearing House to a Central Counterparty. Acting Managing Director for FMDQ Clear Ayodele Onawunmi and Femi Oladehin, Partner at Argentil Capital Partners join CNBC Africa for this discussion.