Woodhall Capital secures CBN licence to boost financial services in Nigeria

The financial services firm receives a CBN licence, expanding its investment banking and asset management services to support Nigerian businesses and investors.

[dropcap]W[/dropcap]oodhall Capital, a leading global investment and financial services firm, has officially secured a finance house licence from the Central Bank of Nigeria (CBN).

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This significant development will enable the firm to provide a wide array of financial services within Nigeria, ranging from investment banking to asset management, further supporting the nation’s growing financial sector.

In a statement released on Tuesday, Woodhall Capital announced that the new licence would allow the company to offer innovative and customised financial solutions tailored to meet the needs of Nigerian businesses and investors.

The firm views this as a major step forward in expanding its presence in the Nigerian market.

Speaking on the achievement, the founder of Woodhall Capital, Mojisola Hunponu-Wusu, expressed gratitude for the CBN’s thorough process in granting the licence.

She highlighted that the approval is a reflection of the firm’s dedication to contributing to Nigeria’s dynamic and evolving economic landscape.

“We appreciate the CBN for its meticulous process in awarding this licence. It underscores our commitment to delivering top-notch financial services and playing a pivotal role in Nigeria’s economic growth,” Hunponu-Wusu stated.

She further explained that Woodhall Capital’s re-entry into the Nigerian market would come with a broader portfolio of financial products.

This, she said, demonstrates the country’s potential as a key market in Africa and a vital hub for financial growth.

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Hunponu-Wusu also noted that the firm plans to leverage its global expertise, coupled with deep local insights, to support Nigerian businesses and enhance investment opportunities, ultimately driving economic progress in the country.