History

First City Monument Bank Limited (previously First City Merchant Bank Limited) was established as the first privately owned merchant bank in Nigeria in August 1983. It developed from the successful securities issuance business of City Securities Limited, which was formed in September 1977.

In 2001, the various capital market expertise and capabilities of the different companies, within the First City Group including CSL Stockbrokers Limited and City Securities (Registrars) Limited were amalgamated under the umbrella of FCMB Capital Markets.

FCMB Capital Markets Limited was subsequently registered with the SEC in 2004, to act as the flagship company for the FCMB Capital Markets sub-group comprising CSL Stockbrokers Limited, City Securities (Registrars) Limited and First City Asset Management Limited.

FCMB Capital Markets Limited commenced operations in May 2005 as a wholly owned subsidiary of FCMB Group.

Financial Advisory

Our financial advisory team focuses on consistent delivery of comprehensive advisory services to our clients leveraging on years of relevant and extensive experience and in-depth knowledge of our industries of focus. We pride ourselves on our expertise within the following areas:

• Corporate and financial re-structuring
• Mergers & Acquisitions
• Business Valuation
• Privatisation Advisory

We advise clients across a broad range of industries and, most importantly, deliver bespoke solutions aligned with their medium to long term strategic objectives. Our experienced transaction team recognises the uniqueness of each situation and seeks to meet the specific needs of each client, without compromising our independence and integrity.

Capital Markets

Our Capital Markets team of professionals possess excellent structuring capabilities, in-depth understanding of the Nigerian capital markets and its regulatory framework, as well as an extensive distribution network for raising debt, equity and hybrid financing specific to our clients’ needs.

In raising Equity Capital, our clients rely on our capabilities in effectively managing transactions from structuring through execution and financial close.

We offer a full range of products including:

• Initial Public Offers (IPOs)
• Rights Issues
• Private Placements
• Private Equity Investments

Our Debt Capital Markets segment delivers accelerated transaction execution and best-in-class services to both corporate and public issuers in a wide range of products including:

• Asset Backed Securities
• Corporate Bonds
• Government Bonds
• Convertible Bonds

Project and Structured Finance

We develop financing solutions for clients with large and medium sized projects, as well as assist in arranging financing for such projects on competitive terms.

Our team of experts provide bespoke solutions to clients by leveraging on our excellent local knowledge and relationships with international financiers.

Our range of Project & Structured Finance services include: Loan syndications; Mining and Energy finance – Oil & Gas, Power, Mining; Real Estate finance; and other structured debt solutions.

Careers

At FCMB Capital Markets we appreciate that our primary strength lies in the excellence and commitment of our people. Therefore our objective is to attract, develop and retain exceptionally talented individuals who are enthusiastic about our business. We are interested in exceptional candidates with strong academic backgrounds, superior analytical abilities, communication skills, and teamwork orientation who have a real drive to learn and succeed.

Working at FCMB Capital Markets gives you the opportunity to be part of a dynamic team in an environment that fosters creativity, innovation, and growth. Candidates interested in being considered for a position at FCMB Capital Markets Limited should send their CV and cover letter to fcmbcmhr@fcmb.com.

Awards and Recognitions

        IJGlobal Awards 2015

“Africa - Multi-sourced Financing: Azura-Edo IPP”

FCMB CM was the local loan arranger of the Bank of Industry Power and Airline Intervention Fund for the Azura-Edo Independent Power Plant ("IPP"), which is the first of a new wave of project-financed greenfield IPPs currently being developed in Nigeria. A range of financial institutions, including the World Bank Group, DFIs, and local and international commercial banks raised c. US$870 million financing for the development of the first phase of the Azura-Edo IPP.

EMEA Finance (Achievement Awards 2015)

“Best Refinancing in Africa”

FCMB CM was Sole Technical Bank, Joint Mandated Lead Arranger and Joint Structuring Bank in the Accugas Limited ("Accugas") US$445 million medium term project finance facility, which was used to refinance Accugas existing loan facilities.

Global Banking & Finance Review Award

“Best Investment Bank in Nigeria 2015”

FCMB CM has won the Global Banking & Finance Review award for the best investment bank in Nigeria in 2015.

2014

IJGlobal Awards 2014

"Africa Oil and Gas Deal of the year 2014”

FCMB CM was a Joint Mandated Lead Arranger and Technical Bank in the US$350 million syndicated corporate debt facility, which served as the part of the financing for the acquisition of the onshore and offshore assets of ConocoPhillips Nigeria.

EMEA Finance (African Banking Awards)

“Best Local Investment Bank 2014”

FCMB CM won the EMEA Finance African Banking Award for the best local investment bank in Nigeria in recognition of its excellent performance in a competitive market.

 Islamic Finance Awards

“African Deal of the Year” - Osun State Sukuk 2014

FCMB CM was Joint Issuing House in the Osun State Sukuk Company Plc Tranche 2 Bond Issuance.

2013

Project Finance Award

“African midstream Oil & Gas deals of the year 2013” - Accugas gas pipeline project, Nigeria

FCMB CM was a Joint Mandated Lead Arranger and Technical Bank in the Accugas Limited’s (“Accugas”) syndicated Medium Term Project Finance Facility. Accugas is a wholly owned subsidiary of Seven Energy and the Facility was for the construction of its Central Processing Facility (“CPF”) for gas, and its second gas pipeline project in Akwa Ibom State, Nigeria.

 Business Day Banking Awards

“Acquisition/Merger Deal of the Year 2013”

FCMB CM was Financial Adviser to First City Monument Bank Plc (“FCMB Plc”) in the Scheme of Merger between FCMB Plc and FinBank Plc

2012

Africa Investor Infrastructure Investment Awards

“Oil & Gas deal of the year’’ - First Hydrocarbon Nigeria Company Limited

FCMB CM was Global Co-ordinator, Joint Mandated Lead Arranger and Technical Bank in the First Hydrocarbon Nigeria Company Limited (“FHN”) Acquisition and Development Finance Facility. FHN is a subsidiary of Afren Plc and the Facility was to part-finance the acquisition and development of OML 26.

Recent Transactions

Contact Us

FCMB Capital Markets Ltd

6th Floor, First City Plaza

44 Marina, Lagos

Nigeria.

Tel: +234 (1) 461 2620, +234 (1) 461 2616

Fax: +234 (1) 462 2664

Email: fcmbcm@fcmb.com

Web: www.fcmbcapitalmarketsng.com

First City Monument Bank Ltd

Postal Address: FCMB Ltd, P.O. Box 9117, Lagos, Nigeria

Head Office: Primrose Tower, 17A Tinubu Street, Lagos, Nigeria

Tel: +234 (0) 1 279 3030

Web: www.fcmb.com

FCMB Group Plc

5th Floor, First City Plaza,

44 Marina, Lagos, Nigeria

Tel: +234 (0) 1 461 2610

Web: www.fcmb.com/fcmbgroup

CSL Stockbrokers Ltd

5th Floor, First City Plaza,

44 Marina, Lagos, Nigeria

Tel: +234 (0) 1 271 3920-24

Fax: +234 (0) 1 266 2033 & +234 (0) 1 271 3929

Web: www.cslstockbrokers.com