has multiple issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article may require cleanup to meet wikipedia s quality standards . no cleanup reason has been specified . please help improve this article if you can . december 2007 learn how and when to remove this template message this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . december 2007 learn how and when to remove this template message learn how and when to remove this template message kakawa discount house type limited liability company industry finance founded 1995 headquarters lagos key people bisi onasanya chairman laoye jaiyeola md & ceo products financial services website http www.kakawa.com kakawa discount house is one of the five operational discount houses in nigeria which serves as governments financial tools and acts as a middle access points between all other banks in nigeria and the apex bank of nigeria the central bank of nigeria . as with all discount houses trade in governments bonds and treasury bills are the primary business functions . kakawa discount house has been acquired by fbnquest the brand name of the merchant banking and asset management businesses of fbn holdings plc. it commenced merchant banking operations on the 2nd of november 2015 and now known as fbn merchant bank limited . contents 1 history 2 today 2.1 kakawa asset management 3 slogan 4 notes 5 external links history edit the discount houses sub sector of the nigerian financial services industry was birthed in 1995 1 and came as an offspring of the federal government of nigeria through the central bank of nigeria cbn . discount houses became the venue through which banks were able to channel excess liquidity and access same to and from the cbn . a secondary market was created through the discount houses particularly for the trading of treasury bills and other commercial bills . the name kakawa is gotten from the street kakawa street 2 in which the headquarters of their single largest shareholder is located first bank of nigeria . the shareholders are first bank of nigeria plc guaranty trust bank plc sterling bank plc first city monument bank skye bank unity bank . 3 today edit kakawa has evolved from being primarily a mono product institution into being the pioneer for the marketing of treasury bills to individual investors through the introduction of its proprietary the treasury bill backed investment tbbi product in 1997 . in 1998 corporate finance was identified and it established an advisory services unit wealth management unit . kakawa asset management limited is a wholly owned subsidiary licensed to act as fund managers . kakawa asset management edit kakawa asset management kam was incorporated in 2004 prior to its incorporation kam had operated as a department of kakawa since 2001 . kam was primarily established out of the need to provide clients who had worked with kakawa overtime with longer term investment options in the financial services market . kam is registered with the securities & exchange commission sec 1 as a portfolio fund manager and investment adviser . slogan edit at present the company s slogan is taking it further citation needed notes edit the year kakawa was formed retrieved 26 june 2007 from http www.kakawa.com whoweare history.asp the name kakawa retrieved 25 june 2007 from http www.kakawa.com whoweare ourname.asp kakawa discount house who we are . kakawa.com . retrieved 2012 04 28 . external links edit kakawa discount house at alacrastore retrieved from https en.wikipedia.org w index.php title kakawa discount house limited & oldid 736672070 categories companies of nigeriahidden categories articles needing cleanup from december 2007all articles needing cleanupcleanup tagged articles without a reason field from december 2007wikipedia pages needing cleanup from december 2007articles needing additional references from december 2007all articles needing additional referencesall articles with unsourced statementsarticles with unsourced statements from january 2010 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 29 august 2016 at 02 47 . text is available under the creative commons attribution sharealike license ; 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