FSDH Merchant Bank Limited
CBN to retire N162b short-dated bills over costs
The Central Bank of Nigeria (CBN), in the next three months, is expected to remove not less than N162.49 billion from the country’s domestic debt profile, put at N12.29 trillion as at September 30, 2018.
‘How mutual funds create wealth, support infrastructure’
Investments in mutual funds have been described as a veritable tool to the creation of wealth, expansion of business operations and needed capital for the development of critical infrastructure in Nigeria. Besides making liquidity available in the system, mutual funds offer a range of benefits to investors, including portfolio diversification and lower transaction costs, while…
FSDH Merchant Bank worried about falling I&E Window deals
The declining value of transactions at the Investors and Exporters Window (I&E Window), which recorded $1.98 billion in November, is a cause for renewed concerns, especially as uncertainty has hit the price of crude oil at the international market.
CBN mulls mobile court for currency traders, abusers
The fight against trading in mint currency and abuse of the naira at events has gained prominence, as the Central Bank of Nigeria’s (CBN) Bankers Committee has mulled a mobile court to try offenders.
How economy lost single digit inflation target
The 18-month consecutive fall in inflation rate, had in the last two months, lost momentum in making more significant decline, as food prices...
‘Single digit inflation target now uncertain’
Nigeria may lose out on its targeted single digit inflation level this year, which would have checked the streak of weak purchasing power and put the country on a sustainable path of interest rate cut.
Inflation to fall further, increase calls for rate cut
The lower than expected increase in consumer prices recorded in the month of June has been projected to cause more decline in inflation level, reduce cost of borrowing by government and raise further call for interest rate cut.
Shareholders urge FSDH Merchant Bank to pursue growth plan, others
Shareholders of FSDH Merchant Bank Limited have urged the company to pursue vigorously, its growth strategy, especially the focus in manufacturing and agro-allied sectors to enhance its profitability and increase shareholders’ value in the current financial year.