CDL is a specialised financial Institution created by the Central Bank of Nigeria (CBN), to assist its management of liquidity in the economy. It is wholly owned by a consortium of eight (8) Solid Nigerian Banks led by Union Bank of Nigeria Plc and Mainstreet Bank Ltd; two of the leading banks in Nigeria.

Our crop of highly skilled, well trained and time tested work force are adequately equipped to deliver professional, effective and customised solutions in the following service areas:

 

Surplus Funds Management
Fixed Tenor Deposits/Interbank Takings

Trading services are provided to CDL's clients for
the Sale and purchase of treasury bills and
other government securities on an outright basis.

CDL Asset Management Limited (CAM) is a subsidiary of CDL, which is set up with complementary product offering to the core discount house business, which will create opportunity for synergy in related areas of operation as a means of enhancing shareholders value.

CDL provides rediscounting services to its customers in need of liquidity. Eligible bills for this service are treasury bills and commercial bills of top rated institutions.
 

CDL has been appointed as one of the Primary Dealers/Market Makers (PDMM) in FGN Bonds. Our skills in fixed income securities trading will help enhance the wealth of our clients. Customers can buy and sell FGN Bonds through us.
 
 
IFRS Alert!
CDL 2010 Audited Accounts Released
Press Release: CDL APPOINTS NEW MD/CEO
 
 
 
 
Date: 16 January, 2012
Mon. Policy Rate
12%
C.R.R. Rate
10%
Lending Rate
14%
360 Days
- -
180 Days
- -
90 Days
- -
60 Days
- -
30 Days
- -
4-7 Day
- -
 
Bid and Offer rates are indicative
Maturity
Bid - Offer
25-Jul-11
109 - 35/50
22-May-12
113 - 00/15
25-Jan-13
113 - 20/35
28-Sep-14
118 - 70/00
31-Aug-17
120 - 50/80
Complete buying & selling rates
Next auction bid date
 
Date: 20 January, 2012
Call

14.0833%

7 days

14.4583%

30 days

15.1250%

60 days

15.5417%

90 days

15.8750%

365 days
N/A
 
Date
20/01/2012
Index

20,820.32

Deals
3,099
Volume
171,491,548
Value
  N1,373,559,569.47
Cap.
 N6,560,848,127,176.92
 
Bull Plaza, 10th – 12th Floors
38/39, Marina
Lagos


Tel: +234 1 462 2241 – 4
+ 234 1 903 2200 (Dealing)
+234 1 270 2640 – 2 (PABX)
Fax:+234 1 270 3491 - 2
E-mail: cdl@cdlnigeria.com