Top investment banks in Nigeria to help you raise financial capital

Top investment banks in Nigeria to help you raise financial capital

Raphael Orji Raphael Orji November 18, 2019

Top investment banks in Nigeria to help you raise financial capital

Investment banks in Nigeria – If you’ve been wondering what investment banking means or how to become a successful investment banker in Nigeria, then your lucky day has finally arrived.

In this guide, I will take the explanation of terms bit by bit, in the most lay man’s language that’s capable of conveying understanding and appreciation of the topic under discuss.

What is investment banking?

This is the practice that deals with issuance, purchase and sales of shares, bonds of companies, organizations and government agencies.

The activities associated with investment banking also cuts across rendering services that deals with brokerage operations, development of new financial instruments and operational schemes.

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Investment banking also makes for mergers and acquisition of companies when such consolidations become necessary.

Investment banks help organizations, corporations and government in raising financial capital, in issuance of these securities, they act as the client’s agent.

Do well to understand that investment banks do not accept deposits like the commercial banks, however performs financial advisory based transactions.

They are the key participants in the financial market, they are the intermediary between the companies quoted and the investors/buyers of financial securities. They however earn their revenuer through advisory fees and commissions.

Functions/roles of investment banks

  • They are asset managers
  • They are underwriters
  • Carry out merger and acquisition process
  • Perform daily sales and trading of financial securities
  • Market and equity research for higher returns on investments.

Advantages of investment banking

  • An investment bank can pay for entire issue immediately without waiting until the whole issue is realized
  • Can organize wider distribution of securities
  • Can ensure investors that shares placed by them are worth buying, depending on their existing business reputation anyways.

How to become an investment banker in Nigeria

Getting adequate and relevant education is key and must not be undermined. You will need to have a good job experience for relevant expertise in the field of investment banking. For a perfect fit in Nigeria, you will need to get a requisite license. Your connections with companies should be top notch as that will help you to make deals.

List of Investment banks in Nigeria with contact details

S/N Name Email address Phone number
1 Stanbic IBT IBenquiries@stanbicibtc.com +234 14228855
2 Renaissance info@rencap.com +234 14485300
3 First Bank of Nigeria Capital Management fbnholdingshelpdesk@fbnholdings.com +234 19052326
4 UBA Capital Plc info@unitedcapitalgroup.com +234 12807596
5 FCMB Capital Market institutionalinvestorrelations@fcmb.com +234 014485420
6 Ecobank ecobankenquiries@ecobank.com +234 7005000000
7 Guaranty Trust Bank
8 Quantum Zenith Capital Bank us@quantumzenithcapital.com.ng +234 12784431
9 BGL Securities info@bglgroupng.com +234 14485010
10 Dunn Loren Merrified Ltd info@dunnlorenmerrifield.com +23415151115
11 United Capital Plc info@unitedcapitalplcgroup.com +23412807576
12 Greenwich Trust Ltd customerservice@gtlgroup.com +23416310929
13 Vetiva Capital info@vetiva.com +23412700657
14 Capital Bancorp Plc info@capitalbancorpgroup.com +234146223715
15 Chapel Hill Denham info@chapelhilldenham.com +234127995614
16 Meristem Securities Ltd info@meristemng.com 01-27173505
17 Afrinvest info@afrinvest.com 23412701680
18 Coronation crc@coronationmb.com +23401279764043
19 Core Trust Investment info@coretrustng.com 08187032827
20 SFS Financial Services enquiries@sfsnigeria.com 012801400
21 Planet Capital Limited info@planetcapitalltd.com +234012702296
22 PAC Capital info@paccapitalltd.com +23402716899

 

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Conclusion

There are a lot of capable and tested investment banks in Nigeria, they have track records that can hardly be neglected. They are good industry players and are always ready to render first class services to meet the needs and demands of highly esteemed clients.

 

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