Quest Merchant Bank Limited has recorded another major milestone in its growth journey as GCR Ratings affirmed the Bank’s national scale issuer ratings of BBB(NG) and A3(NG), while revising its outlook from Rating Watch Negative to Stable. The latest ratings action reflects growing confidence in the Bank’s financial stability, liquidity […]
BANKING
By Uwadiae Osadiaye, Head of Alternative Investments, FirstCap Limited In a move that has sent ripples through global energy markets, the United Arab Emirates (UAE) announced on April 28, 2026, that it will formally withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance effective […]
FirstCap Limited, a leading 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 Nigeria’s debt capital markets and deepening access to long‑term funding for high‑impact sectors. Acting as Lead Issuing House, […]
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2026, with a 6% growth in Gross Earnings, from N950 billion reported in Q1 2025 to N1.01 trillion in Q1 2026. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of […]
Quest Merchant Bank Limited has announced the appointment of Mr. Andrew Olufunmilayo Lewis (Ayo Lewis) as Executive Director, Risk Management and Executive Compliance Officer (ECO), following regulatory approval by the Central Bank of Nigeria. This strategic appointment underscores the Bank’s unwavering commitment to strengthening corporate governance, enhancing risk discipline, and […]
Quest Merchant Bank has announced the appointment of Mr. Andrew Olufunmilayo Lewis (Ayo Lewis) as Executive Director, Risk Management and Executive Compliance Officer (ECO), following regulatory approval by the Central Bank of Nigeria (CBN). The appointment reinforces the Bank’s strategic commitment to strong governance, disciplined risk management, and institutional resilience […]
Providus Bank has unveiled the Training to Transaction (T2T) Programme, a forward-thinking initiative set to move African SMEs from export ambition to real global trade activity. It was launched in collaboration with international partners focusing on a persistent challenge: the gap between training and actual business execution. Rather than […]
Quest Merchant Bank Limited has officially unveiled a refreshed brand identity, marking a significant milestone in its transformation journey following its recent name change. The new identity underscores the Bank’s renewed strategic focus and commitment to delivering value-driven financial solutions to institutions and investors. The rebranding reflects Quest Merchant Bank’s […]
Alpha Morgan Bank has reaffirmed its commitment to advancing education and institutional development through its support for the commissioning of the Redeemer’s University Business School. The Business School was officially inaugurated by Folu Adeboye at a ceremony attended by distinguished personalities, including Bola Obasanjo, the Pro-Chancellor and Chairman of the […]
Baobab Microfinance Bank has officially announced the opening of its new Head Office located at No. 129 Ikorodu Road, Lagos, marking a significant milestone in the institution’s growth journey and its continued commitment to operational excellence, best in class service to MSMEs and financial inclusion. The relocation to this new […]