DLM Updates
DLM Asset Management Set to Host Webinar to Discuss Maintaining Financial Stability in Times of Economic Distress.
Insight on the webinar event DLM Asset Management Limited, a subsidiary of DLM Capital Group, is hosting a webinar with the theme, “Maintaining financial stability in times of economic distress.” The much-awaited webinar, slated for Thursday, March 28, 2023, at 11 a.m., is going to cover the essential strategies to navigate through economic challenges and…
Read More2023 Updated: Everything You Need to Know About Securitization in Nigeria – Africa
Introduction To Securitization: Securitization is a financial practice that has received a lot of attention in recent years. It entails converting illiquid assets into tradable securities, allowing businesses to access additional funding sources and control risks. Securitization has emerged as a key instrument in Nigeria for freeing liquidity in numerous areas of the economy. This…
Read MoreDLM Capital Group Further Redeems CP Series 5
DLM Capital Group has announced the maturity and successful redemption of its N572 million Series 5 Commercial Paper Issue. This brings the total redemption to over N4 Billion under its ₦20 Billion Commercial Paper Issuance Programme. In a statement by the company, the GCEO, Mr. Sonnie Babatunde Ayere, admitted that the Group is pleased to…
Read MoreCBN APPROVES DLM CAPITAL GROUP’S ACQUISITION OF LINKS MICRO FINANCE BANK
CBN approves DLM Capital Group (Prominent Development Investment Bank), which has received the final approval of the Central Bank of Nigeria (CBN) for its acquisition of Links Microfinance Bank. This approval will further solidify the Group’s much-awaited Digital Banking entrance and launch. This development transitions the DIB as one of the few players in its…
Read MoreMASTERCARD EXECUTIVE, KARI TUKUR, JOINS DLM CAPITAL GROUP’S BOARD OF DIRECTORS
Prominent Development Investment Institution, DLM Capital Group, has appointed Ms. Kari Tukur, Vice President of products at Mastercard Sub-Saharan Africa, to its board of directors. Kari brings to the board an extensive background in product development and management, multi-channel, and multi-market product distribution as well as digital banking. For the past three years, she has…
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 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,…
Read MoreNMRC Issues ₦10bn 7.20% Series 3 Bonds under its ₦440bn Medium Term Note Programme, advised 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 ₦10 billion 7.20% series 3 fixed rate bonds due in 2027, under its ₦440 Billion Medium Term Note Programme.…
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