• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, May 17, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

DLM Capital receives CBN approval to acquire Links MFB

CBN

The Matters Press by The Matters Press
April 9, 2022
Reading Time: 1 min read
0
Consumer commission, CBN, EFCC investigate violations in money lending

DLM Capital, a Development Investment Bank, has received the final approval of the Central Bank of Nigeria (CBN) to acquire Links Microfinance Bank.

RELATED POSTS

Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG

Group faults Peter Obi’s claim on deteriorating education sector

Nigeria First policy, unique, revolutionary – TMSG

Mr Sonnie Ayere, the Group Chief Executive Officer, DLM Capital Group, disclosed this in a statement on Saturday.

Ayere said the approval would further solidify the group’s much awaited digital banking entrance and launch.

He said the approval would transition the investment bank as one of the players in the industry that had expanded into a financial institution providing different types of services.

Ayere said the approval would also help to position the bank as a full-fledged financial services institution that would develop and disseminate various financial products and services.

”We are looking forward to working with all stakeholders, including the CBN to expand financial inclusion to meet the ever-evolving needs of the average Nigerian.

”We sincerely thank the Securities and Exchange Commission and the CBN for their consent and final approval respectively of our MFB acquisition,” he said.

Sonnie also quoted the Managing Director of Links MFB, Mr Funsho Idowu, as saying that the bank would carve a niche for itself in the market space having joined the group of digital banks to create loans and investment opportunities.

He said the bank would also support job creation and empower Micro Small and Medium Enterprises (MSMEs) through unhindered access to its financial services.

“This deal, together with our NDIC insurance, will demonstrate to our customers that they can trust us with their financial needs,” he said.

DLM Capital Group comprises of subsidiaries in investment banking, trustees, securities trading, foreign exchange, digital banking, asset management, nominees, and corporate lending.

DLM Capital Group is a Development Investment Bank that provides innovative solutions to economic and social developmental challenges.

Tags: CBN
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Make cash accessible, remove obstacles —stakeholders plead
Economy/Technology

Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG

May 17, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

Group faults Peter Obi’s claim on deteriorating education sector

May 16, 2025
IMPI releases new policy statement in defence of the Nigerian economy
Economy/Technology

Nigeria First policy, unique, revolutionary – TMSG

May 15, 2025
Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Next Post
Power line to energise part of Oyo

Minister pledges normalcy, restoration of collapsed national grid

Mangal, Sinoma in deal for $600m cement factory

Hike in price of cement irks block, concrete producer

Recommended Stories

Experts validate Nigeria’s implementation strategies for success under AfCFTA

NLC threatens strike over Naira scarcity

March 13, 2023
Fair exhibitors adopt strategies to boost sales

Lagos international trade fair boosts intra-African trade, investment

June 11, 2022
Egypt’s economic strides excite AfDB

Adesina revolutionised Nigeria’s agricultural sector–Expert

June 14, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG
  • Group faults Peter Obi’s claim on deteriorating education sector
  • Nigeria First policy, unique, revolutionary – TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us