The listing of the African Prudential Registrars (APR) Plc on the Nigerian Stock Exchange (NSE) has given the company a level of accountability and openness that far exceeds its competitors, the Managing Director/Chief Executive Officer of the company, Mr. Peter Ashade, has said.
APR, formerly known as UBA Registrars Limited, is the only registrar in the country to be listed on the NSE. According to Ashade, the process of listing a company is a rigorous one, which has made APR to stand apart.
"Not every company can withstand the scrutiny required by the listing process. It requires visible accounting, proper systems and ongoing processes to meet the standards. For our clients it gives them further reassurance that their confidence in us is not misplaced," he said.
In her words, the Chairman of APR, Mrs. Eniola Fadayomi, said, "We are assured by the young, dynamic management at the helm of the company. Through a combination of their dedication and experience, we have seen a history of significant positive impact on our performance, which we believe will continue into the foreseeable future."
DLM Wins Best Investment Bank Award
Dunn Loren Merrifield (DLM) has been awarded the Best Investment Bank in Nigeria at the 2012 African Governance and Corporate Leadership Awards organised by the Institute for Government Research and Leadership Technology.
A statement by the company said the award was in recognition of DLM's significant contribution to the development of the domestic capital markets since the firm commenced operations in June 2009.
Specifically, DLM's unique innovativeness and structuring capabilities was highlighted in the number of successful capital market issues to which the firm acted as lead adviser in 2011, when there was a general downturn in market activities.
In 2012, the firm advised on the issue of the second series of the Federal Mortgage Bank N6 billion pass-through programme and the FMBN SPV Issuer Limited Series 3 zero coupon notes under the residential Mortgage Back Securities Programme that raked in N24.56 billion.
DLM is a full-service investment house and also a stand-alone institution that combines the attributes of origination, distribution, trading and research.