The Securities and Exchange Commission (SEC) has approved the FCMB-TLG Private Debt Fund, Nigeria’s first Naira-denominated Private Debt Fund. The group in a statement said the FCMB-TLG Private Debt Fund targets Qualified Institutional Investors (QIIs) and high-net-worth individuals (HNIs). Established in May 2024 and sponsored and managed by FCMB […]
Category: Money Market
Money Market
Fidelity Bank to raise N127.1 billion from right issue and public offer
Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to N127.1 billion by way of a Rights Issue to existing shareholders and a Public Offer. The Combined Offer is a part of the Bank’s strategy to increase its share capital base in compliance with […]