Greenwich Merchant Bank

Greenwich Merchant Bank Greenwich Merchant Bank (GMB) is a pre-eminent merchant bank owned by reputable corporate and private investors.

The Bank has its headquarters in Lagos, Nigeria with focus on high end financial products and services to select clientele in targeted sectors of the economy. Our operations cover Corporate Banking, Private Banking, Investment Banking, Asset & Wealth Management, Treasury & Global Markets and Securities Dealing.

This Children's Day, we celebrate the creativity and potential of every child; the future leaders, innovators, and chang...
27/05/2026

This Children's Day, we celebrate the creativity and potential of every child; the future leaders, innovators, and changemakers of our world.
Happy Children's Day from Greenwich.




As we celebrate Eid el-Kabir, may the values of sacrifice, gratitude, and generosity inspire brighter moments and abunda...
27/05/2026

As we celebrate Eid el-Kabir, may the values of sacrifice, gratitude, and generosity inspire brighter moments and abundant blessings for you and your loved ones.

Wishing you a joyful and peaceful Eid filled with happiness and prosperity.



As we celebrate Eid el-Kabir, may the values of sacrifice, gratitude, and generosity inspire brighter moments, and abund...
27/05/2026

As we celebrate Eid el-Kabir, may the values of sacrifice, gratitude, and generosity inspire brighter moments, and abundant blessings for you and your loved ones.

Wishing you a joyful and peaceful Eid filled with happiness and prosperity.



Our business office locations will be closed on Wednesday, May 27th and Thursday, May 28th, 2026In observance of Eid-el-...
26/05/2026

Our business office locations will be closed on Wednesday, May 27th and Thursday, May 28th, 2026
In observance of Eid-el-Kabir holiday, as announced by the Federal government of Nigeria. However, our online banking services will still be accessible.

Our offices will resume for physical engagements on Friday, May 29th, 2026.



26/05/2026

Nigeria GDP Grew By 3.89% in Q1 2026

The National Bureau of Statistics (NBS) reported a year-on-year GDP growth of 3.89% in Q1 2026. This represents an improvement of 76 basis points over the 3.13% recorded in Q1 2025, although it reflects a deceleration from the 4.07% growth posted in Q4 2025.

All three major sectors recorded positive growth in Q1 2026, signalling broad-based improvement.

Agriculture grew by 3.15%, a significant rebound from 0.07% in Q1 2025, reflecting improved output from crop production and related activities. The Industry sector expanded by 3.50%, marginally higher than the 3.42% in Q1 2025, while the Services sector grew by 4.31%, broadly flat compared with the 4.33% recorded in Q1 2025. By sectoral share, Services remained the largest contributor, accounting for 57.73% of total GDP, followed by Agriculture at 23.16% and Industry at 19.11%, reflecting the economy’s continued structural tilt towards service-led output.

The oil sector recorded year-on-year growth of 2.57% in Q1 2026, an improvement from the 1.87% achieved in Q1 2025. However, on a quarter-on-quarter basis, growth decelerated by 4.22 percentage points relative to the 6.79% recorded in Q4 2025. Average daily crude oil production stood at 1.55 million barrels per day (mbpd), lower than the 1.62 mbpd in Q1 2025 and the 1.58 mbpd recorded in Q4 2025. The oil sector contributed 3.92% to total real GDP, slightly lower than the 3.97% in Q1 2025 but notably higher than the 2.87% recorded in Q4 2025.

The non-oil sector grew by 3.94% in real terms in Q1 2026, higher than the 3.19% recorded in Q1 2025, though lower than the 3.99% achieved in Q4 2025. The sector contributed 96.08% to the total GDP in Q1 2026, marginally higher than the 96.03% in Q1 2025, but lower than the 97.13% contribution recorded in Q4 2025.



Last week, we welcomed the Managing Director of the Financial Institutions Training Centre , Dr. Chizor Malize and her...
26/05/2026

Last week, we welcomed the Managing Director of the Financial Institutions Training Centre , Dr. Chizor Malize and her team for an engagement focused on leadership development, risk management, and sustainable growth.

The session reinforces our commitment to continuous learning and operational excellence, enhancing our ability to adapt to industry changes and deliver sustainable value to our customers and stakeholders.




20/05/2026

Monetary Policy Committee (MPC) Retains MPR at 26.50%

At its 305th meeting held on May 19th and 20th, 2026, the Central Bank of Nigeria's Monetary Policy Committee (MPC) made key decisions to retain monetary policy settings. The 11-member committee voted to maintain as outlined below:

Retain the MPR at 26.50%.
Maintained the Asymmetric corridor at +50bps/-450bps around the MPR.
Retained the CRR for Deposit Money Banks at 45.00% and Merchant Banks at 16.00%.
Retained 75% CRR for Non-TSA Public sector deposits for enhanced liquidity management.
Retained the Liquidity ratio at 30.00%.



We have been norminated to serve as one of the receiving Banks for the Rights Issue of Dangote Sugar Refinery Plc.This a...
20/05/2026

We have been norminated to serve as one of the receiving Banks for the Rights Issue of Dangote Sugar Refinery Plc.

This appointment reflects our strong credibility, consistent performance, and robust credit ratings. It also demonstrates our extensive reach and strong connection with shareholders across Nigeria.

At Greenwich Merchant Bank, we remain committed to enabling strategic growth and delivering corporate banking solutions that create lasting impact across the economy.

Partner with a bank that powers growth.





Friday May 15, 2026 was the official launch of the Foreign Exchange Manual (4th Edition), an initiative by the . This l...
18/05/2026

Friday May 15, 2026 was the official launch of the Foreign Exchange Manual (4th Edition), an initiative by the . This landmark framework is designed to strengthen, standardize, and modernize Nigeria’s financial ecosystem while driving greater stability and efficiency across the economy.

For Greenwich Merchant Bank, this initiative creates opportunities to drive innovation, improve operational efficiency, and strengthen our ability to deliver enhanced financial solutions and value to our clients. Our team actively participated in this session.




8 key highlights of the new BVN rules from the Central Bank of Nigeria:Swipe through to review the updates 👉
06/05/2026

8 key highlights of the new BVN rules from the Central Bank of Nigeria:

Swipe through to review the updates 👉




Address

Plot 1698A Oyin Jolayemi Street, Victoria Island
Lagos
23401

Opening Hours

Monday 08:00 - 18:00
Tuesday 08:00 - 18:00
Wednesday 08:00 - 18:00
Thursday 08:00 - 18:00
Friday 08:00 - 18:00

Telephone

+23416370000

Website

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