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.
You may also like: What is Equity Financing, a study into investment and fund raising in Nigeria
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@ |
+234 19052326 |
| 4 | UBA Capital Plc | info@unitedcapitalgroup.com | +234 12807596 |
| 5 | FCMB Capital Market | institutionalinvestorrelations |
+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 |
You may also like: How to buy bonds, Start investing in FGN Bonds – Financengr
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.
Raphael Orji is a freelance writer, professional blogger and a content marketing consultant. I work with small businesses, startups and entrepreneurs in building their brand image with high quality blogging and content marketing strategy.
In need of highly purposeful driven articles that will resonate with your audience,
Want this kind of article that engages, converts and compels your readers to buy from you,
If you want search Engines like Google, Bing and Yahoo to send and open the floodgates of readers to your website/blog on daily basis,
Want to rank your website/blog
Head over to my Hire Me page and see which of my services you’d like to have.