FBNQuest Merchant Bank has officially entered a new phase as the institution completes its ownership change, moving from First HoldCo Plc to EverQuest Acquisition LLP, a consortium led by Custodian Investment Plc. The confirmation marks a significant shift for the bank and sets the tone for its next stage of […]
FINANCE
FBNQuest Merchant Bank Limited has taken another bold step in its mission to raise a financially enlightened generation, as the institution brought its financial literacy outreach to Kings’ College Lagos on November 19, 2025. The session, organised in honour of World Savings Day, was designed to help students understand the […]
L-R: Company Secretary, FirstCap Limited, Isaac Nwankwo; Head of Capital Markets, FirstCap Limited, Oluseun Olatidoye; Managing Director, FirstCap Limited, Ukandu E. Ukandu; Chief Financial Officer, Lekki Gardens Estate Limited, Emily Atebe; Non-Executive Director, Lekki Gardens Estate Limited, Mrs Olusola Nyong; Founder/CEO, Pathway Advisory Limited, Alade Adekunle; Principal Partner, Greychapel Legal, […]
First Securities Brokers Limited, the stockbroking arm of First Holdco Plc, has recorded a major milestone by clinching the top position in both trading volume and transaction value in the Nigerian Exchange (NGX) Broker Performance Report for July 2025. This remarkable performance further strengthens the firm’s standing as a dominant […]
First Asset Management, a subsidiary of FirstHoldCo Plc and a prominent investment manager in the country, has unveiled its “100 Million Smart Investors” campaign, an ambitious initiative aimed at restoring public trust in the capital market and empowering Nigerians with credible investment knowledge. The campaign comes at a critical time. […]
Students who switched their bank accounts from digital wallet platforms to commercial banks are now receiving maintenance payments from the Nigerian Education Loan Fund (NELFUND). Mrs. Oseyemi Oluwatuyi, the Fund’s Director of Strategic Communications, made this announcement in Abuja on Friday. Oluwatuyi claims that this move is a major […]
Mrs. Chinwe Ofili, ACA, will today, June 12, 2025, be formally installed as the 9th Chairperson of the Abuja Chapter of the Society of Women Accountants of Nigeria (SWAN). The swearing-in ceremony, scheduled for 3:00 PM, will take place at the B.M.O Events Arena inside Riverplate Park, Wuse 2, Abuja. […]
Tony Elumelu, Chairman of United Bank for Africa Plc (UBA), has expanded his stake in the bank with the acquisition of over 1.26 billion shares valued at ₦43.9 billion. The transaction, disclosed in a regulatory filing with the Nigerian Exchange and signed by UBA’s Group Company Secretary and Legal Counsel, […]
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced it will auction N300 billion worth of bonds on May 26, 2025, as part of efforts to finance the national budget and strengthen the local debt market. Details of the upcoming auction, released via an official circular […]
The naira experienced a mild depreciation in the official market on Thursday, closing at N1,585 to the U.S. dollar, slightly weaker than the previous day’s rate of N1,584/$1. This marginal dip followed two consecutive sessions of significant gains after the Central Bank of Nigeria (CBN) unveiled its latest monetary policy […]