37 Investment Banks In Nigeria

 

Investment Banks In Nigeria – Investment banks are charges with creating capital for companies, organizations and governments. They act as financial intermediaries that offer services like giving financial advice, facilitating mergers and underwriting.

These banks undertake large and complex financial transactions and investment opportunities.

Organizations, government and individuals who are interested in raising capital or getting more investments can turn to investment banks as they ensure that investments are safe and profitable.

The investment bank sector in Nigeria has grown over the years as a result of the financial services they offer to individuals, organizations and governments.

In this article, we will be looking at some of the investment banks in Nigeria.

What Are Investment Banks?

These are banks that help individuals, firms or governments to raise financial capital. They act as agents in the issuance of securities and unlike the commercial and retail banks; they do not take deposits from the public.

They facilitate merger and acquisition of companies and also act as intermediary between the investors and companies.

You might be wondering how they make their money; well they make their money through advisory fees they charge clients. They are experts in what they do and this is why individuals, governments and organizations consider them when it comes to investment.

Investment banks also help in managing assets.

37 Investment Banks In Nigeria

We will be showing you some of the investment banks in Nigeria in no particular order.

• Afrinvest
• Asset Resources Management Company
• BGL Securities Limited
• Capital Bancorp Plc
• CardinalStone Partners Limited
• Chapel Hill Denham
• Citibank Nigeria Limited
• Constant Capital Partners Limited
• Cordros Capital Limited
• Core Trust and Investment Limited
• Coronation Merchant Bank
• Dunn Loren Merrifield Ltd
• Ecobank Nigeria Limited
• Elixir investment Partners
• Express Discount Limited
• FBN Quest Asset Management
• FCMB Capital Market Limited
• FSDH Merchant Bank Limited
• Greenwich Trust Limited
• GTI Capital
• Investment One Financial Services Limited
• MBC Financial Services
• Meristem securities limited
• Nova Merchant Bank Limited
• PAC Capital
• Planet Capital Limited
• Quantum Zenith Capital
• Rand Merchant Bank Nigeria Limited            
• Renaissance Capital Bank
• RMB Nigeria Limited
• SFS Financial Services Limited
• Stanbic IBTC Capital Limited
• Standard Chartered Investment Bank
• The Infrastructure Bank (Urban Development Bank of Nigeria)
• United Capital Plc
• Vetiva Capital
• WSTC Financial Services

Stanbic IBTC Capital Limited

It is a leading investment banking franchise in Nigeria that was established in 1989 with its headquarters in Victoria Island, Lagos, Nigeria.

It is a subsidiary of the Stanbic IBTC Holdings PLC and it is registered with the Securities and Exchange Commission as an Issuing House and Underwriter and the FMDQ Securities Exchange Limited as a Registration Member Listings and Quotations.

This bank provides investment banking services to corporate clients and it has sound knowledge and capabilities in capital markets and advisory.

• The product and services offered by Stanbic IBTC Capital includes:
• Financial advice
• Equity capital markets
• Debt capital markets
• Diversified lending and leveraged finance                                         
• Pension funds management

For more information, visit www.stanbicibtccapital.com/

Quantum Zenith Capital

This is one of the biggest and best investment banks in Nigeria and Africa as they provide strategic financial advice and arrange services to entrepreneurs, firms and governments.

This investment bank is located in Lagos, Nigeria and it is a subsidiary of Zenith Bank Plc.

This investment bank undertakes projects in sectors like oil and gas, breweries and beverages, power and infrastructure.

They are capable of handling all sizes of transactions and projects.

They offer a wide range of services like:

• Merger and acquisitions
• Corporate finance
• Debt solutions
• Financial advice

For more information, visit www.quantumzenithcapital.com.ng/

BGL Securities Limited

This is another good investment bank and it is a member of the BGL Group. It offers financial services like Securities Trading, Investment Advisory, Facilities services, private banking, corporate finance and asset management.

It is located at Catholic Mission Street, Lagos Island, Lagos, Nigeria.

For more information, you can visit www.bglsecuritiesltd.com/

Dunn Loren Merrifield Ltd

This is a full investment house and an independent financial institution that combines attributes of origination, distribution and trading of securities.

This investment bank is registered with the Securities and Exchange Commission (SEC) and offers quality services like:

• Asset management
• Corporate Finance Advisory
• Securities Sales and Trading

They are located at 10th floor Elephant House, 214 Broad Street, Marina, Lagos, Nigeria.

For more information, visit www.dunnlorenmerrifield.com/

United Capital Plc

This is one of the best financial investment banks in Nigeria and it is focused on leveraging technology to empower individuals, businesses and governments with sound financial services.

This investment bank is a subsidiary of the United Bank of Africa Plc which is one of the leading banks in Nigeria and Africa as a whole.

United Capital Plc offers the following services:

• Asset management
• Securities
• Investment banking
• Trustees

They are located at UBA House (12th Floor) 57 Marina, Lagos, Nigeria.

You can visit them at www.unitedcapitalplcgroup.com/

Greenwich Trust Limited

This is the first indigenous investment bank duly registered with the Securities and Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) as an Issuing House/Financial Adviser.

It was founded in 1992 but commenced its operations in 1994 and since then, it has grown to become one of the strongest players in the Nigerian Investment sector.

They offer services like:

• Asset management
• Property development research
• Security dealing   
• Financial advisory
• Structured Finance Capital Issues

Its head office is located at Victoria Island, Lagos, Nigeria.

For more information, visit www.gtlgroup.com/

Vetiva Capital

This is a Pan African financial institution that is registered by the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC) to carry out business in and outside Nigeria as Issuing House, Fund/Portfolio Manager and Market Maker.

It is one of the best investment banks in Nigeria as it offers support on financial matters.

It offers services like:

• Brokerage and dealing
• Trust services
• Asset management
• Investment banking

The head office is located at Victoria Island, Lagos, Nigeria.

For more information, visit www.vetiva.com/

Capital Bancorp Plc

This is a multidisciplinary finance house that is licensed by the Central Bank of Nigeria (CBN). It is also registered with the Securities and Exchange Commission (SEC) and a member of the Nigerian Stock Exchange (NSE).

This finance house is known to offer expert financial advice to its clients.

They offer services like:

• New equity issue
• Financial advisory
• Wealth management
• Securities trading
• Stockbroking
• Asset management
• Portfolio management
• Money market

Their head office is located at Davies Street Off Marina, Lagos, Nigeria.

For more information, visit www.capitalbancorpgroup.com/

Chapel Hill Denham

This is West Africa’s independent investment bank. It is been licensed by the Securities and Exchange Commission (SEC) as an Issuing House, broker, investment adviser, portfolio manager and market maker.

The advisory partners board that was established in 2005 started its operations officially three months after its institutionalization. This was as a result of the merger between Chapel Hill Advisory Partners Ltd and Denham Management Ltd.

They offer services like:

• Securities trading
• Investment management
• Investment banking
• Pension fund management
• Research

They are located at Victoria Island Lagos, Nigeria.

For more information, visit www.chapelhilldenham.com/

Meristem Securities Limited

This is an investment company that is registered and regulated by the Securities and Exchange Commission (SEC).

This company has been in operation since 1994 and it is one of the leading investment companies in Nigeria.

It offers valuable financial advice and solutions to its clients and also helps to minimize the cost of capital.

The also provide support to small and medium enterprises that want to be listed on the Alternative Securities Market board.

They offer the following services:

• Wealth management
• Investment banking
• Stockbroking
• Trustees
• Registrar services

They are located at Norman Williams Street, South-West Ikoyi, Lagos, Nigeria and has other branches in some states in Nigeria.

For more information, visit www.meristemng.com/

Afrinvest

This is an investment bank that provides financial advice and capital to clients in diverse sectors.

They are an issuing house and underwriter registered and regulated by the Securities and Exchange Commission (SEC). It is focused on reaching out to the whole of West Africa.

They have the best research team which gives them an edge in the industry.

The services they offer include:

• Project finance
• Debt securities for private and public clients
• Financial advice
• Corporate finance transactions
• Asset management
• Security trading
• Investment research

They are located at 27 Gerald Road, Ikoyi, Lagos, Nigeria.

For more information, visit www.afrinvest.com/

Elixir Investment Partners

This is an investment company which specializes in a lot of financial services. They deliver top-notch services to their clients.

They offer services like:

• Investment banking
• Asset management
• Securities trading

They are located at Victoria Island, Lagos, Nigeria.

For more information, visit www.elixirinvestment.com/

Coronation Merchant Bank

This is one of the leading investment banks in Nigeria and it is a licensed broker-dealer regulated by the SEC.

It is a subsidiary of Coronation Securities Limited and the investment company is emerged the first and only internationally rated merchant bank in Nigeria in 2020 as shown by the Rating Report by Fitch.

It offers services like:

• Wealth management
• Asset/Fund Management
• Securities trading
• Treasury and global market services
• Private banking
• Trust services
• Corporate banking
• Investment banking

They are located at Victoria Island, Lagos, Nigeria.

For more information, visit www.coronationmb.com/

Core Trust and Investment Limited

This is an investment company registered and regulated by the Securities and Exchange Commission and Nigerian Stock Exchange (NSE) to operate as an issuing house, portfolio/fund manager, investment adviser and broker.

The services they offer are:

• Equity issuing
• Mergers and acquisition
• Brokerage services
• Investment management

They are located at Ikoyi, Lagos, Nigeria.

For more information, visit www.coretrustng.com/

Final Note

In this article, we mentioned some of the investment banks in Nigeria in no perking order as all of them have their uniqueness in the services they offer. You should know that all the investment companies we listed in this article are registered and regulated by the Securities and Exchange Commission (SEC).

You can contact any of the institutions we have mentioned in this article if you need financial and investment advice as they are all experts and offer other services to help you invest right.