30 results
- 6 Jan 2023
Agusto Upgrades Wema Bank Funding SPV Series II Bond to ‘Bbb+’ with Stable Outlook
Ratings agency Agusto & Co. has upgraded Wema Bank Funding SPV Plc’s Series II Bond to ‘Bbb+’, with a stable outlook, from the previous ‘Bbb’ score. The Issuer is a Special Purpose Vehicle (SPV)…
- 12 Apr 2023
DLM Capital Group Successfully Redeems N20.161B Under its N25B CERPAC SPV Securitization
DLM Capital Group has redeemed a major part of the CERPAC Receivables Securitization Funding SPV and paid investors involved in the N25 Billion Future Flow Receivables backed Securitization…
- 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…
- 23 Mar 2026
DLM SPV PLC Lists ₦9.00bn AAA-Rated Medium-Term Notes on FMDQ Exchange, Sets Benchmark in Corporate Bond Market
FMDQ Securities Exchange Limited ( “FMDQ Exchange” or “the Exchange” ) has approved the listing of DLM SPV PLC’s ₦7.30 billion Series 1 (Tranche A) and ₦1.70 billion Series 3 (Tranche B) Plain…
- 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…
- 5 May 2026
FirstCap Closes N4.46Bn LAPO MFB SPV Series 1 Bond, Deepens Access to Long Term Capital
FirstCap, an investment banking firm and subsidiary of FirstHoldCo Plc., has successfully closed the ₦4.46 billion Series 1 Bond Issuance by LAPO MFB SPV Plc, reinforcing its strong leadership in…
- 22 Apr 2025
FCMB Capital Markets Leads ₦11.85bn GLNG Bond for LNG Plant Expansion
FCMB Capital Markets Ltd. successfully led the issuance of GLNG Funding SPV Plc's ₦11.85 billion 10-Year Series 2 Senior Guaranteed Fixed Rate Infrastructure Bond, which closed in February. This…
- 7 Feb 2022
InfraCredit to Guarantee PAT’s N10bn Infrastructure Bonds Issuance
InfraCredit has announced that it will guarantee Pan African Towers (PAT) Digital Infra Fund SPV Plc’s N10 billion 10-Year Series I Senior Guaranteed Fixed Rate Infrastructure Bonds Due 2032…
- 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…
- 7 Aug 2026
BOI Opens N250Bn Bond Offer to Fund Businesses
The Bank of Industry, through BOI Financing SPV Plc, has opened subscriptions for its inaugural Series 1 Fixed Rate Bond worth up to N250bn under its $1bn multi-currency instruments programme,…
- 27 Feb 2026
Dimension Data Nigeria Secures ₦20Billion Funding to Strengthen Digital Infrastructure
Dimension Data Nigeria has raised ₦20 billion (approximately $13.7 million) through a bond programme under Dimension Data SPV Funding Plc, following approval from the Securities and Exchange…
- 8 Mar 2026
Dimension Data Nigeria Seals N20bn Bond Deal to Bridge Digital Infrastructure Gap
Dimension Data Nigeria has formally executed its N20 billion ($15m) Bond Programme under Dimension Data SPV Funding Plc, following approval from the Securities and Exchange Commission (SEC). The…
- 12 Jul 2024
Stakeholders @PIAFo Identify Obstacles to FG's 90,000km Fibre Project
Stakeholders in the telecommunications industry have said the Federal Government's plan to deploy 90,000 kilometers of fibre optic cables across the country will face several obstacles, especially…
- 19 Mar 2026
Quest Merchant Bank Named Transaction Advisor for Nigeria’s Landmark Project BRIDGE Digital Infrastructure Initiative
Quest Merchant Bank has been appointed as Transaction Advisor for Project BRIDGE (Broadband Infrastructure Development for Digital Economy), a flagship national broadband initiative led by Honourable…
- 24 Mar 2026
DLM Capital Group’s AAA-Rated Sovereign Bond-Backed Composite Notes (“SBCNS”) Strengthens Investor Confidence with Successful First Principal & Interest Payment
Foremost Development Investment Bank, DLM Capital Group has reinforced its position as a leader in innovative fixed income solutions with the successful payment of the first principal and interest…
- 13 Jun 2024
FG, World Bank Open Talks on 90,000km Fibre-optic Cable Project
The Federal Government has begun talks with the World Bank to support the delivery of an additional 90,000 km of fibre optic cable, it The Minister of Communications and Digital Economy, Bosun…
- 17 Oct 2023
AFEX Unveils N100bn Asset-backed Commercial Paper to Bridge Agric Financing Gap
Nigeria’s commodities player AFEX, has launched a 3-year N100 billion Asset-Backed Commercial Paper (ABCP) programme to bridge the huge agric finance gap in the country. Indeed, Nigeria require an…
- 28 Nov 2021
Danbatta Charges NODITS on Effective Actualisation of Mandates
Prof. Umar Garba Danbatta, Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), has urged the Nigeria Office for Developing the Indigenous…
- 13 Jun 2019
TWL, Nigerian Firm Exits $150m Failed Milost Deal
Turner Wright (TWL) Limited, an indigenous manufacturer of veterinary pharmaceuticals, has exited a controversial $150 million acquisition deal involving Milost Global Incorporated and its associated…
- 17 Nov 2019
Court Stops Mastercard from Issuing Cards as Chams and CCL Seek N114Bn Damages
Mastercard and her agents have been told to stop issuing the National Identity card by Justice R.M. Aikawa of the Federal High Court in Lagos. This order was made following an exparte motion…
- 16 Dec 2019
Agusto and Co Announces Retirement of Vivien Shobo Its Chief Executive Officer
Agusto & Co, Nigeria’s foremost Credit Rating Agency, has announced the retirement of its Chief Executive Officer - Vivien Shobo, effective 31 December 2019. Vivien Shobo Following over two…
- 20 Apr 2020
NITDA Seeks Technological Innovation in Tackling Challenges of COVID-19 Pandemic
In commemoration of this year's World Creativity and Innovation Day, the National Information Technology Development Agency (NITDA) has called for the use of creativity and technology innovation in…
- 3 Dec 2020
MTN Group Appoints Omnicom Group As Global Marketing Services Provider
MTN Group has appointed Omnicom Group as its lead agency partner across its footprint following a competitive pitch process. cementing a partnership that commenced in 2017. Regarding the appointment,…
- 23 Mar 2021
Microfinance Development Company to Launch Liquidity Management Platform
The Microfinance Industry in Nigeria is set to experience a major breakthrough in its operations, as the Microfinance Development Company Ltd (MDCL), plans to launch its Intermember Liquidity…
- 30 Mar 2009
Eze, DG of BPP Commends Galaxy
Galaxy Backbone, a wholly independent company with the primary mandate of setting up and operating a unified Information and Communication Technology (ICT) infrastructure platform has been commended…
- 3 Dec 2021
Herconomy Raises $600,000 to Empower Women in Nigeria
Herconomy, Africa’s first women-focused digital platform has announced that it raised a pre-seed round of $600,000 for the empowerment of women in Nigeria. In a statement, Mrs. Ifedayo…
- 2 Nov 2022
Lagos Digital Summit to Focus on Digital Technology as a Priority in Scaling Businesses
The Lagos Digital Summit, a gathering of digital communication adopters, professionals and enthusiasts for the accelerated development of their businesses and the attainment of consistent value-add…
- 2 May 2023
NiRA Elects BoT, EBoD as Adesola Akinsanya Emerges New President
Members of the Nigeria Internet Registration Association (NiRA), the registry for .ng Internet Domain Names and managers of the database of names registered in the .ng country code Top Level Domain,…
- 3 May 2023
NiRA Elect Adesola Akinsanya as New President
Members of the Nigeria Internet Registration Association (NiRA), the registry for .ng Internet Domain Names and managers of the database of domain names registered in the .ng country code Top Level…
- 18 Oct 2023
Polaris Bank Partners Millwater on stable Power Delivery to Industrial Clusters
Polaris Bank has expressed its commitment to partner with Millwater to deliver uninterrupted power to industrial clusters in Nigeria in order to accelerate the industrialization drive of the current…
