Leading Developmental Investment Bank, DLM Capital Group, has been awarded the ‘Best Development Finance Company Nigeria 2021’ by Global Banking and Finance Review magazine. The award is in recognition of the institution’s dedication to providing leadership and excellence in Nigeria’s development finance space. Head of Investment Banking, Emeka Ngene, expressed his delight at the recognition…
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…
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…
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…
By Emeka Ngene, Head of Advisory, DLM Capital Group. DLM Advisory partner advises: The relationship between the Fintech Industry and the Financial Markets is a symbiotic one in that they both stand to gain tremendously from each other. Fintechs in Nigeria primarily needs the capital market for capital mobility. However, most of the Fintechs in…
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…
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…
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…
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…
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…
