FBN Hold ings Plc, on Tuesday explained the rationale behind the divestment of its Merchant Banking business to EverQuest Acquisition LLP. The Holding company also listed its other entities and businesses not included in the sale. Acting Company Secretary of…
FBN Holdings Plc plans to sell its 100 percent equity stake in its subsidiary, FBNQuest Merchant Bank Limited, to EverQuest Acquisition LLP. In a recent report, the company announced the sale aligns with its goal to optimise its portfolio. “In…
In furtherance of its commitment to supporting its clients and stakeholders with wealth management solutions that move them towards their goals, FBNQuest, the investment banking and asset management business of FBN Holdings Plc recently launched a campaign themed ‘Powered by…
FBNQuest Capital Ltd., a subsidiary of FBN Holdings, has announced the appointment of Alhaji Abdullahi Ali Gombe, as an Independent Non-Executive Director. The Chairman, FBNQuest, Mr Oyewale Ariyibi, disclosed this in a statement made available to Nigerian NewsDirect on Wednesday…
Analysts at FBNQuest Research have said supply side constraints, a combination of insecurity and conflict and distribution challenges continue to exert upward pressure on food inflation. These they said on Thursday undermined the Federal Government’s investment into the agriculture sector,…
By Kayode Tokede Analysts at FBNQuest Research disclosed on Tuesday that it foresees further increase in nation’s foreign reserves in short term over steady increase in global oil prices, Eurobond issuance and the International Monetary Fund (IMF)’s allocation of SDRs…
By Kayode Tokede FMDQ Securities Exchange Ltd has approved the quotation of the FBNQuest Merchant Bank Ltd N7.34 billion series 19 Commercial Paper (CP) on its platform. FMDQ Securities Exchange in a statement explained that the quotation was under the…
By Kayode Tokede FBNQuest, a subsidiary of FBNQuest Merchant Bank and part of FBNHoldings Plc, is offering investors expert guidance on investing opportunities. The firm seeks to reorient investors from the short-term outlook and instant gratification approach by encouraging them…
By Kayode Tokede The Chairman of FBNQuest Merchant Bank, Mallam Bello Maccido, has expressed that the bank outlook for 2021 is anchored on three important pillars – Optimisation, Innovation and Partnerships. The Chairman in a statement stated that the bank…
By Kayode Tokede In a bid to promote financial literacy amongst women and the younger generation, FBNQuest, recently held educative sessions for women, preteens and teenagers on how to preserve, save and grow their wealth. The investment banking and asset…
