International Finance Magazine has ranked Dunn Loren Merrifield as the best investment bank in the country in its 2014 financial awards. A statement by the editorial board of the IFM said the Best Investment Bank in Nigeria category, which was won by DLM, was among the first batch of 14 […]
Capital Market
Sterling Bank to increase share capital by N4bn
Sterling Bank Plc on Wednesday got the approval of its shareholders to increase the bank’s share capital from N12bn to N16bn with the creation of additional eight billion ordinary shares of 50 kobo each. The shareholders also approved the payment of a dividend of 25 kobo for every share of […]
Nigeria’s Access Bank to Raise $1 Billion for Increased Lending
Access Bank Plc (ACCESS), a Nigerian lender with operations in eight other nations, received shareholder approval to raise $1 billion of capital to finance loans for energy and power projects. The capital may comprise both debt and equity funding, Chief Executive Officer Herbert Wigwe told reporters in Lagos today. He […]
