29 results
- 24 Dec 2023
FSDH Merchant Bank Signs N20m Facility with AfDB to Boost Business in Nigeria
FSDH Merchant Bank has signed $20 million Trade Finance Facility Agreement with the African Development Bank (AfDB), aimed at significantly impacting trade financing across emerging sectors in…
- 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),…
- 19 Oct 2022
FSDH Merchant Bank Launches Custody Services
As part of our commitment to continually deliver on its excellent track record of innovative financial & investment solutions, FSDH Merchant Bank has launched her custody services offering for…
- 25 Aug 2021
FMDQ Exchange Admits N19.6bn FSDH Merchant Bank’s CPs
FMDQ Securities Exchange Limited (‘FMDQ Exchange) said it has admitted N19.6billion FSDH Merchant Bank Limited’s Commercial Papers (CP) Issuance Programme on its platform. The Exchange, in a…
- 9 Sept 2021
FSDH Merchant Bank Holds Inaugural Distributors’ Forum
In a bid to deepen value chain and touch more critical aspects of their clientele, FSDH Merchant Bank seeks to grow its activities by engaging the value chains of corporates in the distributive…
- 19 Sept 2022
FSDH Merchant Bank Unveils Solutions for Healthcare Sector
FSDH has unveiled in a bid to support healthcare sector in Nigeria, they have developed an array of products and financing to boost the sector. The bank noted that they have come up with key…
- 5 Oct 2022
AfDB Approves $25m Facility for FSDH Merchant Bank for Local SMEs
The Board of Directors of the African Development Bank Group (AfDB) has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in Nigeria to…
- 13 Aug 2019
FSDH Seeks Buffers Against Dangers of Easy Money
FSDH Merchant Bank Limited has called on the Federal Government and corporate organisations to implement measures to counter the negative implications of low interest (easy money) regime prevailing…
- 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…
- 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…
- 12 Dec 2022
FSDH, IFC to Boost Businesses with $33m Facility
The International Finance Corporation (IFC), has approved a credit facility totalling $35 million in partnership with FSDH Merchant Bank to be used to improve access to finance for medium-scale…
- 12 May 2021
FSDH Funding SPV Lists N12bn Bonds on FMDQ Exchange
FMDQ Securities Exchange Limited has approved the listing of the FSDH Funding SPV Plc’s N7.05 billion Tranche A and N4.95 billion Tranche B Series 1 Fixed Rate Bonds, under the company’s N30 billion…
- 3 Mar 2026
EFCC Arraigns Two FSDH Bank Officials Over $307k, €50k Fraud
Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), Ikoyi, Lagos, on Tuesday, March 3, 2026, arraigned two bank officials, Bakare Oladimeji Surajudeen and James…
- 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.…
- 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…
- 25 Apr 2022
MTN Nigeria Issues N127Bn Series 1 and 2 Commercial Paper
MTN Nigeria Communications Plc has announced the issuance of N127 billion Series 1 & 2 Commercial Paper under its registered N150 billion Commercial Paper Programme. In a notification Monday sent…
- 7 Feb 2018
PAL Pensions Reinforces Confidence in Scheme with “Retire with a Smile” Campaign
In accordance with its resolve to inspire confidence and promote a financially secure future among Nigerians, PAL Pensions has unveiled a new campaign tagged ‘Retire with a Smile’ to encourage more…
- 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…
- 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…
- 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…
- 4 Mar 2013
External Reserves Up 3.5%, Hits $47.38Bn in Feb
Central Bank of Nigeria (CBN), at the weekend put the nation’s external reserves on February 28, 2013, at $47.38 billion, the highest in four years, rising by $1.603 billion or 3.5 per cent over the…
- 16 Sept 2021
Nigeria Seeks $3Bn with Eurobond Offer
Federal Government has announced plans for a Eurobond issuance in the International Capital Market (ICM) to raise $3 billion. The Debt Management Office (DMO) said, yesterday, that Virtual meetings…
- 26 May 2018
Concerns as NDIC Warns of Another Bank Failure
Another bank failure is imminent in the country on the back of weak corporate governance culture and weak internal control, according to Alhaji Umaru Ibrahim, managing director, NDIC, Nigeria Deposit…
- 16 Sept 2016
S&P Downgrades Nigeria Further into Junk Territory
S&P Global Ratings, a leader in credit rating, benchmarks, and analytics for capital and commodity markets has downgraded Nigeria further into junk territory, essentially casting question marks…
- 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…
- 9 Jan 2026
19 Nigerian Banks Meet CBN Recapitalization Targets Ahead of March Deadline
Nineteen Nigerian banks have fulfilled the Central Bank of Nigeria's (CBN) recapitalization requirements as of January 6, 2026, six weeks before the March 31 deadline, according to data from The…
- 27 Apr 2021
CardinalStone Lists N5bn Bond on FMDQ
CardinalStone Partners Limited has announced the listing of the CardinalStone Financing SPV Plc N5billion Series 1 Bond on FMDQ Securities Exchange Limited. The company explained in a statement that…
- 10 Feb 2022
NOVA Merchant Bank Registers N50Bn CP on FMDQ Exchange
FMDQ Securities Exchange Limited has approved the registration of the NOVA Merchant Bank Limited N50.00 billion Commercial Paper (CP) programme on its platform, following the due diligence of its…
- 14 Apr 2022
Kudi Rebrands as Nomba
African Financial Technology Company, Kudi changes name to Nomba as it transitions into an omni-channel payment platform providing tools to enable businesses grow. The company has expanded its range…