{"id":621398,"date":"2018-11-07T04:19:52","date_gmt":"2018-11-07T04:19:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/"},"modified":"2018-11-07T04:19:52","modified_gmt":"2018-11-07T04:19:52","slug":"efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/","title":{"rendered":"EFG Hermes to obtain license in Nigeria as early as next week"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>EFG Hermes could land Nigerian investment banking license by early next week: <\/strong>EFG Hermes frontier unit chief Ali Khalpey <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-05\/efg-hermes-sees-nigeria-investment-license-as-soon-as-this-week\">told Bloomberg<\/a> that the investment bank is now waiting for regulatory approval and plans to hire five people in Lagos this year. EFG Hermes <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/24\/efg-acquires-100-of-nigerian-brokerage-firm-primera-africa\/\">had announced in July<\/a> that it had bought Nigerian brokerage and research firm Primera Africa Securities Ltd., which will be rebadged under the EFG brand.<\/p>\n<p><strong>Heading into 2019, EFG Hermes plans to use Nigeria as a regional hub<\/strong> for its operations in Africa. Last year, it <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/24\/efg-hermes-gets-brokerage-license-in-kenya\/\">obtained a stockbroking license in Kenya<\/a>. The firm is now focused on consolidating in its African markets as well as recent expansion territories Pakistan and Bangladesh. Khalpey also said the firm remains interested in expansion into Vietnam.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EFG Hermes could land Nigerian investment banking license by early next week: EFG Hermes frontier unit chief Ali Khalpey told Bloomberg that the investment bank is now waiting for regulatory approval and plans to hire five people in Lagos this year. EFG Hermes had announced in July that it had bought Nigerian brokerage and research [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[84,72,1473,1914,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621398","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-efg-hermes","tag-enterpriseam","tag-investment-banking","tag-nigeria","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f2bcf6d6-e206-49e5-b817-40dcb6cc3d18","order":"0","is_powered_by":true,"section_story_id":"4c0971e4-3152-4804-bea2-c5c9836ae111","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621388],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EFG Hermes to obtain license in Nigeria as early as next week - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG Hermes to obtain license in Nigeria as early as next week\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes could land Nigerian investment banking license by early next week: EFG Hermes frontier unit chief Ali Khalpey told Bloomberg that the investment bank is now waiting for regulatory approval and plans to hire five people in Lagos this year. EFG Hermes had announced in July that it had bought Nigerian brokerage and research [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-07T04:19:52+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EFG Hermes to obtain license in Nigeria as early as next week\",\"datePublished\":\"2018-11-07T04:19:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/\"},\"wordCount\":137,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EFG Hermes\",\"EnterpriseAM\",\"investment banking\",\"Nigeria\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/efg-hermes-to-obtain-license-in-nigeria-as-early-as-next-week\/\",\"name\":\"EFG Hermes to obtain license in Nigeria as early as next week - 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The EGP 84.75 mn transaction gives each of EFG Finance and GB Capital a 37.5% stake in the life insurance company. Tokio\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/8\/234.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597301,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/efg-hermes-has-a-lot-of-projects-in-the-pipeline\/","url_meta":{"origin":621398,"position":3},"title":"EFG Hermes has a lot of projects in the pipeline","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"M&A WATCH- EFG Hermes named as adviser to FrieslandCampina in Arab Dairy acquisition: EFG Hermes will provide financial advice to Dutch company FrieslandCampina in its bid to acquire Egyptian cheese-maker Arab Dairy, Hapi Journal reported, citing unnamed sources. Sharkawy and Sarhan Law Firm will be the legal advisers to Friesland,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/efg-hermes-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647195,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/kenya-will-be-efg-hermes-next-expansion-market-under-frontier-push\/","url_meta":{"origin":621398,"position":4},"title":"Kenya will be EFG Hermes\u2019 next expansion market under frontier push","author":"enterpriseam admin","date":"4 May 2017","format":false,"excerpt":"Kenya will be EFG Hermes\u2019 next expansion market under a frontier push that has already seen it acquire a Pakistani brokerage. The firm will receive a securities brokerage license in Kenya in the \u201cvery near term,\u201d Bloomberg quotes Kenyan Capital Markets Authority CEO Paul Muthaura as saying. 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Primera, which offers a range of brokerage and research services to international investors, will begin operating under the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=621398"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621398\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621388"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621398"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621398"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}