FBNQuest Merchant Bank
Tracked across 7 events · 45 articles · First seen Dec 05, 2025 · Last active Aug 17, 2026
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Regulatory
The Nigeria — Economic and Financial Crimes Commission (EFCC) recovered $60 million from Nestoil and transferred the funds to a consortium of creditor banks as part of an ongoing investigation into alleged criminal aspects of…
Impact: As a lead lender in the consortium, FBNQuest received part of the $60 million and continues to pursue full recovery of the outstanding debt.
Aug 17, 2026 · 6 articles
Domestic
Impact: FBNQuest Merchant Bank, as a lead lender, faces a more complex legal challenge in its receivership enforcement against Neconde Energy Limited and Nestoil due to the India — Supreme Court of India's ruling.
Apr 10, 2026 · 6 articles
Domestic
Impact: FBNQuest Merchant Bank>>>, as one of the lenders, faces a setback as the Supreme Court's decision removes the asset freeze and receiver-manager, complicating its debt recovery efforts against Neconde Energy Limited>>> and Nestoil>>>.
Jun 01, 2026 · 7 articles
Business
Impact: FBNQuest Merchant Bank, FirstHoldCo's merchant banking subsidiary, is being divested as part of the group's strategic restructuring and capital reinforcement plan.
May 29, 2026 · 6 articles
Domestic
Impact: Bello Maccido, the newly appointed chairman of the Saudi Arabia — National Agricultural Development Fund, is the pioneer chairman of FBNQuest Merchant Bank Limited.
Dec 05, 2025 · 7 articles
Business
Impact: FBNQuest Merchant Bank is one of the Joint Issuing Houses for Champion Breweries' public offer.
Jan 08, 2026 · 7 articles
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