Money Market

Ecobank, African Guarantee Fund Sign Transformative $200 Million Risk Sharing Agreement

The USD 200 million risk-sharing agreement marks the third renewal of Ecobank’s partnership with AGF November 16, 2023/Ecobank Transnational Incorporated This is the largest guarantee facility in sub-Saharan Africa; The risk sharing agreement marks the third renewal of the partnership between Ecobank and AGF; SMEs from across 27 African markets in […]

CBN to Allow Old Design Naira Banknotes as Legal Tender, Ad Infinitum

November 15, 2023/CBN Please recall that the Central Bank of Nigeria introduced the redesign of N200, N500 and N1,000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders. Without prejudice, the Central Bank of Nigeria wishes to inform […]

Finance Houses Association of Nigeria (“FHAN”) elects Dr. Sonnie Babatunde Ayere as President

November 14, 2023/DLM Capital Founder & GCEO, DLM Capital Group, Dr. Sonnie Babatunde Ayere has been elected as the President of the Finance Houses Association of Nigeria (“FHAN”). He was elected unopposed on the 10th of November 2023. FHAN is the umbrella and self-regulatory body of all CBN-licensed finance companies […]