• Coronation Merchant Bank records 15% growth in PBT for 2020 FY

    … declares PBT of N5.784bn.  Coronation Merchant Bank Limited has announced its Audited Financial Results for the year ended 31 December 2020 and declared a PBT of N5.784 bn. Commenting on the financial results, Banjo Adegbohungbe, the Managing Director of Coronation Merchant Bank said that “despite the challenges in our operating environment, we navigated the …

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  • CMB appointed as a Lead Issuing House for the 10 Year Fixed Rate Bond Issuance by FBNQ

    Coronation Merchant Bank as the Lead Issuing House is pleased to inform you that the bookbuild for the FBNQuest MB Funding SPV PLC Series II up to ₦10 billion, a 10-year bond has opened on Thursday, 12 November 2020 and will close on Friday, 20 November 2020. Price guidance range for the 10-year bond is …

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  • Coronation Merchant Bank Limited has been appointed as a Joint Issuing House for the Dual Series Fixed Rate Bond Issuance by Flour Mills Nigeria PLC

    Coronation Merchant Bank as a Joint Issuing House is pleased to inform you that the bookbuild for the Flour Mills of Nigeria PLC, up to NGN29.89 billion, 5Years  & 7 Years bond tranches has opened on Tuesday, 10 November 2020 and will close on Monday, 23 November 2020. The price guidance range for the Issue …

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  • A Strong Leader in Unsure Times: Banjo Adegbohungbe

    Banjo Adegbohungbe, the Managing Director and CEO of Coronation Merchant Bank, talks to World Finance about the future of the Bank and how the bank is adjusting to the uncertainties presented by the COVID-19 pandemic. A Strong Leader in Unsure Times Nigeria’s economy is set to fall into recession this year. The country’s recovery will …

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  • Coronation Merchant Bank appointed as joint issuing house for Dangote Cement Plc’s 5-year Fixed Rate Senior Unsecured Bonds

    The book build for the Dangote Cement PLC Series 1, 5-year Fixed Rate Senior Unsecured Bonds, under its NGN300 billion Debt Issuance Programme is now opened. We are pleased to inform you that the book build for the Dangote Cement PLC (“Dangote Cement” or “DCP”) Series 1, up to NGN [100] billion 5-year Fixed Rate …

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  • Update from Coronation MB CEO on COVID-19

    Staying Safe Beyond the Lockdown MAY 03, 2020 Dear Customer, We trust you and your loved ones have been keeping safe and well during the lockdown period. We would also like to thank you for your understanding and cooperation over the last few challenging weeks. We can all agree that the safety of lives remains …

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  • Coronation Merchant Bank records 14% growth in Earnings for 2019 FY

    …. declares PAT of N5.097 bn Coronation Merchant Bank Limited has announced its Audited Financial Results for the year ended 31 December 2019 and declares a PAT of N5.097 bn. Commenting on the financial results, Banjo Adegbohungbe, Ag. Managing Director of Coronation Merchant Bank said that “despite the volatility of our operating environment, we navigated …

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  • Coronation Merchant Bank Breakfast Session

    Coronation Breakfast Session: Re-risking the financial system

    The Coronation Breakfast Session is a platform where policymakers, key decision-makers and captains of industries come together to share insights and trends in the financial industry landscape. The theme of our maiden edition was “Re-risking the financial system“, held on the 19th of February, the guest speaker was none other than a renowned economist and …

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  • Coronation Merchant Bank Unveils New Corporate Identity

    Coronation merchant Bank Limited, an emerging merchant banking franchise yesterday unveiled its new corporate identity. Far more than just a logo, the new corporate identity, according to the firm, was designed to communicate its vision (to be Africa’s premier investment bank), ambition and inner strength. Commenting on the new corporate identity, the Managing Director/ CEO, …

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  • How Coronation Merchant Bank is contributing to Nigeria’s investment banking renaissance

    After a damaging recession in 2016, Nigeria’s investment banks have bounced back with renewed vigour, as new regulations and technology continue to create fresh opportunities. The Nigerian banking sector has emerged from its recession with new characteristics. First, let us look at commercial banks specifically: their business models are traditional and require a lot of …

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