News Update | CBN Holds a Foreign Portfolio Investment Call
CBN Holds a Foreign Portfolio Investment (FPI) Call Yesterday, the Central Bank of Nigeria (CBN) hosted a Foreign Portfolio Investor (FPI) call, and notable points pertaining to monetary policy focus in attracting increased foreign investment and promoting a conducive investment landscape were discussed. These talking points are summarized below: The CBN confirmed plans to increase […]
CBN Dissolves Boards of Union, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has undertaken a significant supervisory action, dissolving the boards and management of Union Bank, Keystone Bank, and Polaris Bank. This decision stems from concerns regarding the banks’ adherence to regulations and corporate governance principles. The CBN cited non-compliance with specific provisions of Section 12(c), (f), (g), and (h) of […]
News Flash | Fitch Ratings affirms Nigeria’s “B-” Rating
Fitch Ratings, a credit rating agency that rates institutions, corporations, and countries for their creditworthiness, has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Rating Drivers Fitch emphasized key factors such as Nigeria’s large economy, developed and liquid domestic debt market, and large oil and gas reserves, as an […]
Ghana Update: IMF reaches Staff Level Agreement on the First Review of the Extended Credit Facility
IMF reaches Staff Level Agreement on the First Review of the Extended Credit Facility On Friday 6th October 2023, the IMF staff and the Ghanaian authorities reached a staff-level agreement on economic policies and reforms to conclude the first review of the 36-month ECF-supported program. We may recall that on May 17th, 2023, the […]
ARM Labs 5.0: A New Opportunity for Nigerian Startups
Are you a Nigerian startup looking to take your business to the next level? Do you want to improve your products, expand your market, and strengthen your team skillset to enhance your chances of succeeding? If so, we have exciting news to share with you! ARM Labs is thrilled to announce the upcoming launch of […]
Key Insights About The ARM Ethical Fund
Investing with integrity and aligning personal principles with financial decisions has become a significant consideration for many investors. Ethical investing, which takes into account social, moral, religious, political, or other personal beliefs, has emerged as a powerful tool for responsible investors. At ARM, we are committed to helping individuals realize their ambitions, regardless of […]
Most of your wealth may not make it to the next generation- Henry Hollingdrake.
At a round table discussion with our team, Henry Hollingdrake: representing; ARM Trustees Limited, stated that the chances of wealth being efficiently transferred successfully to the next generation without incurring liabilities and unnecessary risk combined with the ability to further invest free from any restraints and excessive taxation are more complicated now than ever before. […]
ARM Trustees bags international award for Private Trust
ARM Trustees has been recognized with an award for its contributions to Private Trust Law practice in Nigeria. The award was given by Lawyers World, a United Kingdom-based awarding body on July 12th. 2019, named ARM Trustees in the Global Category of outstanding Private Trust law specialists following the success and growth of the Private […]
ARM Life Named among ‘Companies to Inspire Africa’
The London Stock Exchange (LSE) has recognised ARM Life Plc, following the company’s contribution to Nigeria’s Gross Domestic Product (GDP). This honour came after the company was featured in the ‘Companies to Inspire Africa 2019 report’, which was published by PwC Africa in conjunction with the LSE. The NSE, recently partnered with the LSE and […]
What You Need To Know About The Airtel IPO
Airtel Africa Plc released its prospectus for a global Initial Public Offer (IPO) of ordinary shares worth $750mn (N270.0bn). The offer size translates to an addition of 595.2 million to 744.0 million ordinary shares to its current shareholding. The Company expects to be admitted to the premium listing segment of the main board of the […]
