15 results
- 23 Aug 2024
FCMB Asset Management's Private Debt Fund Targets Mid-Sized Businesses
FCMB Asset Management Limited (FCMBAM), acting as Sponsor and Fund Manager, with technical support from TLG Capital Investments Limited (TLG Capital), United Kingdom, recently launched Nigeria's…
- 7 Apr 2024
FCMB Asset Management Limited Webinar: Experts Highlight Actionable Strategies to Securing Comfortable Retirement Plan
FCMB Asset Management Limited, a member of the FCMB Group Plc, recently hosted an insightful webinar titled "Smart Retirement - Investing Ahead." The virtual event aimed to educate Nigerians on…
- 8 Jul 2026
GCR Upgrades FCMB Asset Mgt Rating on Disciplined Liquidity, Consistent Earnings
FCMB Asset Management Limited (FCMBAM), the asset management arm of FCMB Group Plc, has received an upgrade to its national scale long-term and short-term issuer ratings of A(NG) and A1(NG), from…
- 10 Jun 2024
SEC Approves Nigeria's First Naira-Denominated Private Debt Fund
Securities and Exchange Commission (SEC) has approved the FCMB-TLG Private Debt Fund, Nigeria's first Naira-denominated Private Debt Fund. From left: Debt Fund Portfolio Manager, FCMB Asset…
- 29 Apr 2022
PenCom Probes PFAs’ Funds as Deadline for Recapitalization Ends Today
The National Pension Commission is investigating the nation’s Pension Fund Administrators evidence of meeting its new capital requirements ahead of the April 30, 2022 recapitalisation deadline,…
- 1 May 2024
FCMB Group Records 186% Profit Growth, Proposes 50k Dividend
For the year ended December 31, 2023, FCMB Group Plc grew deposits, loans, assets under management, revenue and earnings and improved its environmental, social, and corporate governance scorecard.…
- 29 Jun 2020
FCMB Acquires 96% of AIICO Pensions
FCMB Group has notified the Nigerian Stock Exchange, NSE, that its pensions arm, FCMB Pensions Limited, has entered into an agreement to acquire 96% of AIICO Pensions Limited. A statement by FCMB…
- 21 May 2015
Loan Dodgers Owe Banks N138Bn
Loan default by customers made 13 Deposit Money Banks to lose a combined sum of N138 billion in the 2014 financial year, according to calculations by the Punch Newspaper. Data obtained from the 2014…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 25 Oct 2019
Interswitch Limited completes N23Bn Bond Placement
Following the registration of a N30 billion debt issuance programme with the Securities and Exchange Commission of Nigeria, Interswitch Limited, a leading technology-driven company focused on the…
- 9 Jan 2014
FCMB Signs $150m Syndicated Term Loan Facility
Commerzbank Aktiengesellschaft and Standard Chartered Bank, acting as Initial mandated lead arrangers and book-runners, have disclosed the successful signing of a $150 million Senior Unsecured Term…
- 2 Dec 2014
IFC to Provide $80M Debt Financing to Azura-Edo Investment
IFC, a member of the World Bank Group, signed agreements to provide $80 million of debt financing to Azura Power West Africa Limited, a 450 MW gas-fired independent power project in Nigeria (the…
- 12 Jun 2013
Swift Networks Acquires 4G Business of DoPC, Mulls LTE Tech
After 18 months painstaking discussions, Swift Networks Limited, a leading provider of wireless and fibre-based broadband services to businesses and residential users on Wednesday announced the…
- 15 Jun 2016
Banks Halt Branch Expansion Plans over Tough Economy
Deposit Money Banks (DMBs) in the country are cutting down on plans to open more branches as part of cost cutting efforts to cope with the tough times, particularly in the industry and generally in…
- 11 Aug 2016
CBN Orders Bankers to Declare Assets
Central Bank of Nigeria (CBN) has ordered workers in all Deposit Money Banks (DMBs) in the country to declare their assets in a move aimed at expanding the ongoing anti-corruption crusade to…