Top Investment Companies in Nigeria (Updated 2024)

Nigeria is Africa’s largest economy and a major player in the global oil and gas industry. Nigeria has a growing number of investment firms offering diverse products and services.

In this article, we have made a list of the top 10 investment companies in Nigeria.

investment companies in Nigeria

Top 10 Investment Companies in Nigeria

Here’s a list of the top 10 investment companies in Nigeria:

  1. Stanbic IBTC Asset Management
  2. Meristem Securities
  3. Zenith Capital
  4. CitiTrust Investment
  5. AfrInvest Limited
  6. FBN Capital Limited
  7. United Capital
  8. Investment One Financial Services
  9. Forthright Securities and Investment Limited
  10. Peninsula Asset Management

1. Stanbic IBTC Asset Management

Stanbic IBTC is seen as a respected company for managing assets and investments in the country. They’ve shown skill in handling funds and are well-known in the global and financial markets.

In 2013, Stanbic Asset Management got the ‘Best Investment Management Company’ award from World Finance. This added to their reputation as one of the top investment companies in the country.

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2. Meristem Securities

Formerly known as ‘Great Africa Securities Limited’, Meristem Securities is listed by the Nigerian Stock Exchange and Securities Exchange Commission. They are recognized as dealers and brokers in the investment management industry. 

In 2014, Meristem Capital Limited declared its share capital as N3.3 billion.

3. Zenith Capital

An affiliate of Zenith Bank, Zenith Capital leverages state-of-the-art technologies to deliver exceptional standards.

The investment company has also earned accolades in the investment industry for its global expertise.

Zenith Capital serves clients such as government agencies, high-net-worth individuals, blue-chip companies, private inquiry investors, and more. 

4. CitiTrust Investment

This investment company focuses on stock trading and values being open, professional, and honest. CitiTrust Investment also offers services in trading securities, managing investment benefits, and handling portfolios.

CitiTrust is one of the top investment companies in Nigeria serving both individuals and corporate clients.

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5. AfrInvest Limited

Like the former, AfrInvest focuses on investment banking, securities trading, asset management, and investment research.

AfrInvest is under the license of the Nigerian Securities Exchange Commission as a broker-dealer. Also, the company provides research on local and international capital market transactions

6. FBN Capital Limited

What’s spectacular about FBN [First Bank of Nigeria] Capital is its widespread dominance in the investment market industry. Therefore, it is not just one of the leading investment companies in Nigeria. Its services span across Africa. 

Also, it comprises FBN Capital, FBN Securities, FBN Asset Management, FBN Trustees, FBN Capital Partners, and FBN Funds Limited.

7. United Capital

Like FBN Capital, United Capital is also revolutionizing the African space. They serve both government agencies and corporate organizations.

The investment company is a leader in financial advisory, capital markets, and banking solutions.

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8. Investment One Financial Services

Investment One launched in 2008. The company is a subsidiary of Guaranty Trust Bank with a specialty in asset management and securities brokerage.

Some of the services provided by InvestmentOne include Wealth Management and Trust, Mutual Funds, Pensions, and Real Estate. Private equity, Investment banking, and securities brokerage.

9. Forthright Securities and Investment Limited

Incorporated in 1995, Forthright Securities is one of the major stock brokerage firms in the country. Services provided by the investment company include investment advisory, fund management, stock brokerage, financial education, and portfolio management. 

10. Peninsula Asset Management

Peninsula Asset Management is one of the oldest players in the investment industry. Furthermore, established in 1983, Peninsula Asset Management has been operating for over a decade. They provide bespoke investment needs to clients. 

Conclusion

There are several investment opportunities from investment companies performing excellently in the industry as well. Ideally, this list does not intend to categorically set one company above the other. Therefore, should you take an interest in consulting any of these investment companies, you could easily weigh your options.

Categories: Investing
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