Tag Archives: FSDH

The Economic and Financial Crimes Commission (EFCC) has arraigned two top officials of FSDH Merchant Bank Limited, Bakare Oladimeji Surajudeen and James Olukayode Imokwede, over the alleged theft of $306,667.81 and €50,250 through fraudulent SWIFT transfers.

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FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”) has announced the approval, by the Board Listings and Markets Committee, of the listing of the FSDH Funding SPV PLC ₦7.05 billion Tranche A and ₦4.95 billion Tranche B Series 1 Fixed Rate Bonds (“the Bonds”) under its ₦30.00 billion Debt Issuance Programme on its platform. FSDH Funding SPV PLC is a special purpose vehicle set up to raise capital from the Nigerian debt capital market for FSDH Merchant Bank Limited.

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FSDH Research expects a growth in the banking sector credit to the private sector in 2018. The improvement in the macroeconomic and business environment; improved consumers’ confidence; and the drop in the yields on the Nigerian Treasury Bills (NTBs) are the main drivers of the expected credit growth. The provisional figure that the National Bureau of Statistics (NBS) released for …

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