FBNQuest Highlights Importance of Equity, Quasi-equity Financing Options – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
FBNQuest has expressed concerns about Nigeria’s inflationary trend, noting that the present currency depreciation may further aggravate the country’s inflation outlook, especially as local prices begin to reflect import pass-through costs.
By Adedapo Adesanya FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc, has continued to demonstrate itself as a forerunner in supporting the growth of technology startups in Africa through its recent participation in the 2nd investment vehicle of TLcom Capital (TIDE Africa Fund II –
TLcom Capital, a venture capital firm, says it has secured a first close of $70 million for its $150 million fund to invest in African tech businesses.