23 results
- 8 Sept 2022
GCR Upgrades Greenwich Merchant Bank’s Credit Rating to “BBB” With A Stable Outlook
Greenwich Merchant Bank Limited’s Credit Rating has been upgraded from “BBB-“ to “BBB” with a stable outlook by the Global Credit Rating (GCR). This is in addition to the rating “BBB” assigned by…
- 3 Dec 2024
Benson Ogundeji Takes Helm as MD/CEO of Greenwich Merchant Bank
Board of Directors of Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer, following the receipt of the…
- 9 Aug 2021
GCR Assigns Investment Grade Ratings to Greenwich Merchant Bank
Greenwich Merchant Bank Limited has been rated BBB- (NG) Long Term, and A3 (NG) Short Term with a stable outlook by global credit rating agency, GCR Ratings. The assigned rating is premised on…
- 3 Jun 2024
Greenwich Merchant Bank Receives CBN Approval to Become a Holding Company
Greenwich Merchant Bank, a prominent provider of high-end financial services in Nigeria, has secured Approval-in-Principle (AIP) from the Central Bank of Nigeria (CBN) to transition into a Holding…
- 22 Jul 2022
Agusto & Co. Assigns “BBB” Credit Rating with a Stable Outlook to Greenwich Merchant Bank
Greenwich Merchant Bank Limited has been rated “BBB” with a Stable Outlook by Agusto & Co.’’ According to Agusto & Co, “this rating reflects Greenwich Merchant Bank’s adequate capitalization,…
- 5 Oct 2020
Greenwich Merchant Bank Commences Operations, Unfolds Expansion Plan
The newly licensed Greenwich Merchant Bank Limited has commenced operations even as it announced plan to position itself as the go-to institution for providing financial services to both local and…
- 17 Mar 2023
Greenwich Merchant Bank Unveils Women Network
To commemorate the International Women’s Day, Greenwich Merchant Bank has unveiled the Greenwich Women Network (GWN). The Greenwich Women Network is conceptualised to support the women to deepen…
- 24 Nov 2024
Greenwich Merchant Bank Chairman Honoured with NBCC Leadership Award
Kayode Falowo, Chairman of Greenwich Merchant Bank Limited, has been bestowed with the Sir Henry Fajemirokun Prize for Outstanding Leadership in recognition for actively promoting Nigerian-British…
- 25 Sept 2024
Greenwich Merchant Bank Partners PSRG-Richardson on Sustainability for Inclusive Growth
Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability - health, safety, security and the environment to drive the nation’s economy towards robust and…
- 3 Feb 2023
Greenwich Bank Raises N11.4bn for TAJ Bank Via Sukuk Issuance
Acting as the Lead Issuing House in the recently concluded Sukuk Issuance, Greenwich Merchant Bank Limited, has successfully supported TAJ Bank Limited to raise over N11.4 Billion via a Mudarabah…
- 27 Jul 2020
Nova Merchant Bank’s Debut N10Bn Bond Oversubscribed by 300 Per Cent
Nova Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion debt issuance programme. The…
- 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…
- 19 Mar 2025
CBN Grants Greenwich Holdings Limited Operational License
Greenwich Merchant Bank Limited has announced that it has received regulatory approval from the Central Bank of Nigeria (CBN) for its financial holding company, Greenwich Holdings Limited. This…
- 13 Dec 2022
Greenwich Supports FG to Raise N130bn for Infrastructural Projects
Greenwich Merchant Bank, a mandated Issuing House to the FGN 15.64% N100 billion Sukuk V Issuance, along with other Issuing Houses, has successfully closed the offer with a subscription level of over…
- 24 Dec 2024
Greenwich Group Celebrates 30 Years of Financial Innovation
Greenwich Group, a leading financial solutions provider in Nigeria, is celebrating 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while…
- 19 Jan 2021
NG Clearing Acquires Clearing, Settlement Technology for its Operations
Following the receipt of an approval in principle from the Securities and Exchange Commission (SEC) in September 2020, to clear and settle exchange traded derivatives instruments, Nigeria’s premier…
- 15 Jun 2021
NG Clearing Limited Becomes Nigeria’s Premier Central Counterparty
Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty…
- 6 Sept 2022
FMDQ Exchange Admits N2.28bn Accelerex SPV Bond
The FMDQ Securities Exchange Limited (FMDQ Exchange) has announced the admission for listing on its platform, the Accelerex SPV PLC N2.28 billion Series 1 Fixed Rate Bond under its N20 billion Bond…
- 22 Nov 2021
FairMoney MFB Rallies Stakeholders to Investors Conference in Lagos
FairMoney Microfinance Bank, Nigeria’s leading digital bank, has rallied stakeholders in the financial sector to a one day investors conference aimed at discussing the financial technology landscape…
- 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…
- 24 Oct 2025
Recapitalisation Reality Check: Uncovering the Truth Behind Nigeria’s Banking Boom
By Blaise Udunze When the Central Bank of Nigeria (CBN) announced a new round of bank recapitalisation in March 2024, many expected the leading banks, especially those boasting record-breaking…
- 13 Dec 2023
Wema Bank Commences N39.95bn Rights Issue
Wema Bank Plc has commenced its rights issue to raise about N39.95 billion from its existing shareholders. According to information released to the media, subscription for the rights issue commenced…
- 1 Apr 2021
SEC Warns Investors against ‘High Returns’ Fraud Schemes
Securities and Exchange Commission (SEC) has cautioned potential capital market investors against putting their monies in fraud schemes that promise unwarranted high returns. Tunde Kamali, head,…