PRODUCT INFORMATION

Express Discount Limited is a financial institution licensed by the Central Bank of Nigeria to provide Discount House services to the financial community.

The primary function of the Discount Market is to provide safe and secured short-term investment opportunities within the banking system. It seeks also to promote the development of an active secondary market in government securities and other prime debt instruments originating from the private sector.

As a leading member of the Discount Market, Express Discount Limited deals directly with banks, other financial institution, companies and individuals. It also functions as part of the mechanism through which the Central Bank of Nigeria controls the daily ebbs and flows of liquidity in the market.

Express Discount Limited's activities in the Money Market mainly involve the taking of deposits and the purchase and sale of various negotiable instruments denominated in the Naira.

Through an efficient trading and settlement process, Express Discount Limited aims to provide a quality outlet for the placement of the market’s liquid funds. The Company is committed to evolving a business approach that is client-oriented and market-driven rather than purely transaction focused.

Express Discount Limited is therefore guided by a set of corporate values that are directed towards building stable long-term relationships, market respect and responsible citizenship.

Express Discount Limited's most valuable assets are its men and women to whom has been entrusted the realization of the Company’s vision of quality and high professional standards. A significant proportion of the Company’s resources is therefore committed to ensuring that staff are equipped with the finest skills in discount house operation by an international yardstick. In particular, our dealing and marketing staff comprise professionals with exceptional individual competence, cutting across various disciplines to provide a resourceful blend of team strength and perspective.

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