DLM in the news
The Hurried Return Of Nigeria’s Overnight Millionaires
By Shile Akinjo, Corporate Finance Analyst, Advisory, DLM Capital Group Introduction To Return Of Nigeria’s Overnight Millionaires Daily, more than half of Nigeria’s population, consume information on get-rich-quick packages and incentives in an economy with skyrocketing inflation. From catchphrases such as “Want to double your money in 2 days” to “Earn 30% on your capital…
Read MoreDLM Capital Group Announces Winner For its 2021 Pegasus Fintech Challenge
Introduction Pegasus Fintech Challenge: Leading Developmental Investment institution, DLM Capital Group through its digital banking subsidiary “SOFRI” has announced EazyChange as the winner of the first edition of its Fintech pitch competition tagged- Pegasus Fintech Challenge. The front runner EazyChange who emerged winner is a fintech startup with a focus on creating easy cash payments…
Read MoreDLM Capital Group launches first Pegasus Fintech Challenge for Nigerian Tech Innovators
Prominent Development Investment Bank, DLM Capital Group through its digital banking subsidiary “SOFRI” has announced the inaugural edition of its Fintech pitch competition – Pegasus Fintech Challenge. The Pegasus Fintech Challenge will be executed in partnership with the top tech accelerator, African Fintech Foundry. This is as part of its commitment to accelerate seeding funding…
Read MoreFirm unveils fixed income fund for capital preservation
The Fund, called the DLM Fixed Income Fund is classified as an Open-ended Unit Trust Scheme and will invest at least 70% of its assets in high quality fixed income securities with a term to maturity not less than 365 days, while a maximum of 30% will be invested in quality money market instruments. The…
Read MoreDLM Capital Acquires Links Microfinance Bank
DLM Capital Acquires Links Microfinance Bank as part of plans to expand into Nigeria’s million-dollar fintech sector. The Corporate Communications Manager at DLM Capital Group, Chinwendu Ohakpougwu, who disclosed this in a statement, explained that the acquisition would give the group the mandate to operate small scale banking services in Nigeria. According to Ohakpougwu, this…
Read MoreDLM Capital Group Acquires MFB License to Tap into Nigeria’s Fintech Opportunity
DLM Capital Group Acquires MFB – The Leading developmental investment bank, DLM Capital Group, has today announced its plans to expand into Nigeria’s million-dollar fintech sector following its acquisition of Links Microfinance Bank. The license will give DLM Capital Group the mandate to operate small-scale banking services in Nigeria. This will also allow the successive…
Read More#IWD2021: WHY AFRICA’S WOMEN BILLIONAIRES ARE NOT IN MEN’S LEAGUE
WOMEN BILLIONAIRES It’s the year 2021 and women’s access to education, wealth, and positions of authority have not seen significant progress in Africa. In Nigeria, the continent’s biggest economy, the existence of economic and gender inequality is now so intertwined that the life of the average Nigerian woman is profoundly affected by a wide range…
Read MoreDLM GROUP CELEBRATES IWD WITH ABIKE DABIRI AND JULIET EHIMUAN
DLM GROUP CELEBRATES IWD: DLM Group continues its commitment to celebrate and enable Women leaders on International Women’s Day 2021. In commemoration of this year’s International’s Women Day, Dunn Loren Merrifield; DLM Group joined the global community to celebrate women’s achievements and raise awareness about women’s equality. The investment institution organized a one-day virtual session…
Read MoreNMRC issues N10bn bonds facilitated by DLM Capital Group
NMRC: As part of its efforts to provide additional liquidity to the country’s mortgage market and give more Nigerians the opportunity to own homes, Nigeria Mortgage Refinance Company Plc (NMRC) has announced the completion of its ₦10billion 7.20% series 3 fixed rate bonds due in 2027, under its ₦440billion Medium Term Note Programme. The bond…
Read MoreNMRC, DLM N10bn Bond Oversubscribed by 328%
NMRC: The Nigeria Mortgage Refinance Company (NMRC) in collaboration with the DLM Capital Group has successfully raised N10 billion at the rate of 7.20 per cent for the refinance of existing mortgage loans. The N10 billion fixed-income bond, which has seven years tenure, was oversubscribed by 328 per cent. The Managing Director of the NMRC,…
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