Capital Market

Shareholders approve Skye Bank’s acquisition of Mainstreet Bank

Shareholders of Skye Bank Plc on Monday approved the acquisition of Mainstreet Bank Limited by the lender. The shareholders gave the approval at a court-ordered Extra-ordinary General Meeting of the bank, which was held in Lagos immediately after the lender’s 9th annual general meeting in Lagos. A statement from the […]

FMDQ OTC Securities Exchange Lists N15.54bn Stanbic IBTC Bank Bond

June 8, 2015/Press Release Following the listing of the pioneer corporate bond, N30.5bn UBA Bond, on its platform, FMDQ OTC Plc (FMDQ), on June 8, 2015, welcomed the listing of the Stanbic IBTC Bank Plc ?15,540,000,000.00 Series 1 (Tranches A & B) 10-Year Subordinated Notes under a ?150,000,000,000.00 Structured Note […]

“Africans Investing in Africa” Book Launched at World Economic Forum

Press Release, June 8, 2015 Two of Africa’s most prominent foundations – the Nigeria-based Tony Elumelu Foundation and the Oppenheimer family’s Brenthurst Foundation of South Africa – launched an important new book titled “Africans Investing in Africa” on the sidelines of the World Economic Forum Africa meeting in Cape Town. […]