‘Nigeria Still Holds Strong Opportunities For Smart Investors’

Fullrange Capital Ltd said Nigeria offers opportunities for investors despite economic conditions, as the newly licensed firm positions itself in the country’s asset management industry.

Speaking during an Investment Breakfast Session in Abuja, the firm’s managing director/chief executive officer, Temitayo Gbenro, said the engagement aimed to increase awareness of the company’s services while fostering discussions on investment trends, capital flows, and wealth creation.

The session brought together investors and stakeholders to examine opportunities within Nigeria and other African markets, as well as strategies for allocating capital in a volatile economic environment.

Gbenro said the company secured its operating licence from the Securities and Exchange Commission, describing the process as rigorous.

“SEC is a strong watchdog. Every process is carefully scrutinised, and it took us over a year to complete,” he said.

He disclosed that the firm is awaiting regulatory approval for some investment products but has commenced portfolio management services for high-net-worth individuals and institutional clients.

According to him, one of the major focuses of the engagement was to provide insights into fund flows into Nigeria, investor behaviour and sectors attracting capital.

“Nigeria still holds strong opportunities for smart investors,” Gbenro said.

He added that participants’ feedback showed interest in structured, managed investments.

Gbenro said the firm’s investment philosophy centres on capital preservation and growth.

“This is real finance. It is not about doubling money overnight, but about disciplined, long-term value creation,” he said.

He also identified operating costs as a challenge facing new asset management firms, especially in their early stages.

“Like any business, you have operating expenses and cost of funds. At the beginning, revenue is small while costs remain constant, so you must be able to weather that phase,” he said.

The firm listed its target market as high-net-worth individuals, corporates, institutions and pension funds.

Gbenro added that investor confidence and performance would be critical to attracting more funds under management over time.