FSDH Merchant Bank
FSDH changes chief executive
The Board of Directors of FSDH Group has appointed Mrs. Bukola Smith as the Managing Director/Chief Executive Officer of FSDH Merchant Bank with approval secured by the CBN
CBN faces liquidity challenge over anticipated N9.6tr inflow
The Central Bank of Nigeria (CBN) would be contending with liquidity management of an estimated N9.6 trillion inflows, arising from maturing government securities between August and December 2019.
Nigeria's capacity to attract investment enormous: Hamda Ambah
Nigeria is a massive country with projected population of over 180 million people and diverse natural resources. The human capital is highly mobile and very enterprising, resilient and ready to take up challenges if given the slightest opportunity and the necessary infrastructure.
Why Nigeria’s balance of payment is worrisome, by FSDH research
Nigeria may have recorded a surplus of $2.8 million in its balance of payment (BoP) in the fourth quarter (Q4) of 2018, but the net inflow of money into...
FSDH calls for urgent policy action to save economy
With the nation’s economy assailed by snail-paced growth, leaving the majority in extreme poverty, the Federal Government has been called upon to take advantage of the new mandate to bolster activities in the system urgently.
FSDH predicts over N2 trillion liquidity flow this month
Govt will incur more costs to contain money in circulation The financial system may experience increased flow of money in circulation to N2.33 trillion this month, courtesy of maturing government securities and distributions from Federal Accounts and Allocations Committee. Out of the expected amount, an estimated total outflow of approximately N644 billion from the various…
FSDH Merchant Bank sees ‘bumpy ride’ for reserves, rates
With a gloomy outlook for the global economy in the short-term, leading to uncertainty in the crude oil price, Nigeria’s quest for increased foreign exchange reserves is sure to get some setbacks. Besides, the indications of severe weather events in 2019 has raised the possibility of large swings in international food prices, a development that…
Experts decry policy gaps, inconsistency in sector
The Chief Executive Officer of FSDH Merchant Bank, Hamda Ambah, have said that conflicting regulations have been major frustrations in the regulating the financial sub-sector over the years. She said the problem has caused instability and associated collapse of banks, noting that laws and regulations should be applied to all institutions without exemption and devoid…
Risks in Nigeria, China $2.5b currency swap deal
For the country to achieve full benefits from the recent currency swap deal, it must develop competitive advantage in the production of certain exportable goods that China currently imports, the Head, Research, FSDH Merchant Bank, Ayodele Akinwunmi has said.
FSDH Merchant Bank grows assets to N152b, plans N2.2b dividend
FSDH Merchant Bank Limited has reported a growth in total asset size to N151.7 billion in its 2017 financial year, after six years of operations with the merchant banking license. Besides, the bank pledged that despite challenges in the financial markets and global economy, it remains focussed on ensuring that it continuously improves the group’s…
Interest rate cut imminent, says FSDH Merchant Bank
According to the lender, the expected drop in the inflation rate and the relative stability in the foreign exchange market should encourage the monetary policy makers to take the bold step this quarter to stimulate growth in the economy.