Month: April 2019

NOVA Merchant Bank Limited Rated Investment Grade by 2 Leading Rating Agencies

In furtherance of its plans to scale its operation this year, NOVA Merchant Bank Limited, in yet another milestone, has received an investment grade rating from both Agusto & Co (Bbb) and Global Credit Ratings (BBB-). The reasons given for the Bank’s rating include the strength of the Board and management team, robust capitalisation, prudent…

Promasidor’s Scheme for Parents of Physically Challenged Children Timely—Beneficiaries

Parents of children with physical disabilities in Ogun State that have benefitted from the We Too Can Grow scheme of Promasidor Nigeria Limited have declared that the intervention was timely as it came right at the point when they needed assistance. The scheme provides support through low-interest microcredit and is made very convenient for parents…

Tony Elumelu Foundation Hosts European Commission, Leading Development Finance Institutions and Think Tanks in Brussels

At a time when Europe’s relationship with Africa is high on foreign policy and developmental agendas and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the Tony Elumelu Foundation brought together leading stakeholders in the development finance sector, at a case…