Global Infrastructure Partners, the private-equity firm run by former Credit Suisse First Boston investment banking head Adebayo Ogunlesi, is seeking $2.5 billion for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports. Steve Cheng and Reiner Boehning, previously heads […]

First City Monument Bank Group Plc (FCMB) said it plans to raise about $300 million of funding this year to boost consumer lending. FCMB, based in the commercial capital, Lagos, may consider issuing Eurobonds if market conditions are favorable, the bank’s Chief Executive Officer, Mr. Ladi Balogun informed Bloomberg. “Our […]

Some shareholders in the capital market have demanded better protection for investors in the country, following the disclosure by the Nigerian Stock Exchange that it is in the process of delisting 21 companies. The shareholders, who lamented that investors, especially domestic retail investors, always suffered significant losses whenever companies were […]