Updates

FBNQuest Recommends Commercial Papers and Bonds to SMEs and Corporates Seeking Stable Funding Sources

April 19, 2021/Hill+Knowlton Strategies  FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, is recommending commercial papers and bonds to corporate issuers seeking to raise working capital, expansion capital, refinance expensive debt and better match their cash obligations with revenues. Speaking at the latest edition […]

West Africa launches new payments digitization agenda

New report: Worker payments digitization for economic recovery and decent work April 19, 2021/Better Than Cash Alliance In Senegal, 8 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance. A survey revealed that 77% of temporary workers would be willing to receive […]

NOVA Merchant Bank Says 2020 Pretax Profit Up +135% to N3.52 Bn as Growth Trajectory Continues

April 17, 2021/Nova Merchant Bank Ltd NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st 2020, recording impressive growth across its major financial lines. The Bank declared a profit after tax of N3.49bn in 2020 compared to N1.65bn in 2019 which represents a […]