30 results
- 7 Apr 2017
FBN Merchant Bank Enlightens Teachers, Students on Savings, Investment
In line with the commitment to promote financial literacy and encourage a strong savings culture among children, FBN Merchant Bank Limited, a subsidiary of the FBN Holdings Plc, educated the students…
- 5 Nov 2016
FBN Merchant Bank Enlightens Students on Saving Culture
As part of its commitment to promoting a culture of saving among youths, FBN Merchant Bank Limited, a subsidiary of FBN Holdings Plc. recently educated the students of 6 schools. This was delivered…
- 27 Oct 2015
FBN Holdings Unveils FBNQUEST for Merchant Banking & Asset Group Brand Identity
In line with a commitment to improve service delivery to clients and position the group at the forefront of the emerging merchant banking and asset management sector in Nigeria, the Investment…
- 30 Jun 2016
AfDB Approves Facilities for First Bank, FSDH Merchant Bank
The Board of Directors of the African Development Bank (AfDB) has approved $300-million and $50-million Trade Finance Loans to First Bank of Nigeria (FBN) and FSDH Merchant Bank Nigeria (FSDH),…
- 24 May 2015
CBN Grants Kakawa Discount House Merchant Banking licence
Central Bank of Nigeria (CBN) has approved a merchant banking licence for First Bank Nigeria Holdings Plc, through its subsidiary, the Kakawa Discount House Ltd. Mr. Bello Maccido, FBN Holdings group…
- 27 May 2026
Quest Merchant Bank Strengthens Market Position as GCR Revises Outlook to Stable
Quest Merchant Bank Limited has strengthened its market position following GCR Ratings’ affirmation of the Bank’s national scale issuer ratings of BBB(NG) and A3(NG), alongside an outlook revision to…
- 5 Nov 2019
FBNQuest Merchant Bank Hosts Wealth Management Customer Forum
FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, will tomorrow be hosting a Wealth Management Customer Forum, to provide extensive insights to its varied…
- 19 Jan 2024
FBNQuest Merchant Bank Leading the Way in Commercial Paper and Bond Issuances
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc., has announced that it was appointed on commercial paper issuances and bond issuance transactions…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 9 May 2024
FBNQuest Merchant Bank Reports Strong Financial Performance and Strategic Growth Initiatives in 2023
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, successfully held its 9th Annual General Meeting recently. The gathering served as a platform to…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 5 Jul 2020
Reps to Grill Banks, Others over $30Bn Forex Racketeering
House of Representatives has summoned 24 banks and 14 oil companies over an alleged forex racketeering leading to an annual loss of over $30bn as revenue. The Joint House of Representatives Committee…
- 15 Jun 2016
Providus Bank Gets Commercial Banking Licence from CBN
Providus Bank Plc has been granted a commercial banking licence with regional authorisation by the Central Bank of Nigeria (CBN), according to information on the apex bank’s website on Tuesday.…
- 7 Sept 2022
Agusto & Co. Affirms “A” Rating, Stable Outlook for FBNQuest
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has once again received an “A” rating from Agusto & Co., which affirms the Merchant Bank’s…
- 22 Nov 2019
FBNQuest Secures Approval for Customs Duties Collections in Nigeria
FBNQuest Merchant Bank, the investment banking and asset management business of FBN Holdings Plc, has been approved by the Nigeria Customs Service as the first designated merchant bank in Nigeria…
- 9 Nov 2019
FBNQuest Bank Shares Insights to Generational Wealth Transfer at its Wealth Management Customer Forum
FBNQuest Merchant Bank, the investment banking and asset management business of FBN Holdings Plc, recently hosted its clients to a Wealth Management Customer Forum, facilitated to share in-depth…
- 16 Nov 2020
FBNQuest Acts as Financial Adviser, Consortium Lead on Privatisation of Afam Power Plc
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, was appointed by the Bureau of Public Enterprises, on behalf of the National Council on…
- 3 Mar 2020
FBNQuest Supports Infrastructure Development in Lagos State
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, was appointed by the Lagos State Government (LASG) to act as Joint Financial Advisers to refinance…
- 29 Jun 2021
FBNQuest Wins Award for Equity Deal of the Year @ 2021 African Banker Awards
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, emerged as the winner of the Equity Deal of the Year category at the 2021 African Banker Awards.…
- 28 Jun 2019
FBNQuest Asset Management Renames Heritage Fund to FBN Balanced Fund
FBNQuest Asset Management, a subsidiary of FBNQuest Merchant Bank and part of the FBN Holdings Plc group, has proposed a change in the name of the ‘FBN Heritage Fund’ to the ‘FBN Balanced Fund’. The…
- 16 Aug 2018
MTN Nigeria Inks N200bn loan facility with 12 banks for Network Expansion
MTN Nigeria on Wednesday signed a seven-year N200 billion medium term facility with a consortium of twelve (12) local banks, with FBN Quest acting as facility agent. Ferdi Moolman, Chief…
- 8 Sept 2015
Adeduntan to Take Over from Onasanya as First Bank Boss
First Bank of Nigeria Limited on Monday announced that its Chief Financial Officer and Executive Director, Dr. Adesola Adeduntan, would replace Mr. Bisi Onasanya as the Group Managing Director and…
- 30 Jan 2017
CBN Queries 5 Banks for Forex Manipulation
Central Bank of Nigeria (CBN) has queried five commercial banks for manipulating foreign exchange (forex) transaction rates. The CBN detected the rate manipulations following the mandatory rendition…
- 9 Sept 2024
EverQuest Acquires FBNQuest
FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. A statement filed with the Nigeria Exchange Limited by the…
- 30 Nov 2022
WISCAR Unveils Illustrious Line-up for 2022 Annual Leadership & Mentoring Conference
Women in Successful Careers (WISCAR), a leading not-for-profit and non-governmental organization focused on women empowerment and strategic mentoring for professional women has unveiled the agenda…
- 21 May 2013
Etisalat Signs $1.2Bn Financing with Nigerian Banks
Etisalat Nigeria has signed a US$1.2 billion medium term syndicated loan facility with consortium of Nigerian Banks. The company plans to use the proceeds to refinance the existing commercial medium…
- 11 Feb 2020
FBNQUEST Acts As Lead Issuing House, Book Runner on Listing of Interswitch N23B Bonds
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc successfully led a consortium of 5 issuing houses on the recent listing of the Interswitch Limited’s bond on the…
- 7 Apr 2021
Mobile Money: MTN Expands Cardless Cash Withdrawal Service to 44 Financial Institutions
Following the recent USSD drama, Y’ello Digital Financial Services (YDFS) has announced the expansion of its MoMo Agent cardless cash withdrawal service to over 40 banks and other financial…
- 24 Aug 2020
Polaris Bank MD, Abiru, Retires
Mr. Tokunbo Abiru, Managing Director/Chief Executive Officer of Polaris Bank Limited, has announced his retirement from the service of Polaris Bank, effective August 31, 2020, having successfully…
- 14 May 2023
FBNQuest Facilitates Transactions in Commercial Paper Programmes
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc., has continued to play a pivotal role in supporting transactions towards the growth of commercial paper issuances…