List of Asset Management Companies in Lagos Nigeria, Their Functions And Contact Addresses

AMC is an abbreviation of Asset Management Company of Nigeria. The AMC is financial institution that invests its customer’s funds into safe stocks and securities that match declared financial targets. These companies provide investors with a wide range of diversified and investments opportunities than they normally would have been open to. Our compilation of the top 10 List of Asset Management Companies in Nigeria, i would be giving a mini historical background of these companies and their functions. But they have somethings in common which is managing of mutual funds, pension plans and hedge funds.

They are not a charitable organization so they charge for their services which they term service fees or an agreed commission from client’s earnings.

List of asset management companies in Nigeria

As discussed earlier, since there are many mushroom asset management companies in Nigeria, this post would be focusing on the top 10 asset management companies in Nigeria and services they offer. This is not to say other asset management companies in Nigeria are incompetent or irresponsible to the discharge of their duties but to shed light on the list below.

Functions of Asset Management Companies In Nigeria And Their Head Office Addresses


Asset Management Corporation of Nigeria (AMCON) is a body established by the Act of the National Assembly of Nigeria of July 2010 under the administration of Dr Goodluck Ebele Jonathan. One of the major functions of AMCON is to take over poorly managed or non performing assets, run and revitalize them and subsequently release to the Board of directors after following due process. AMCON acts as the buyer of assets and for the Federal Government of Nigeria by acquiring the Non-performing loans (NPL) . The original book value of the acquired NPLs was NGN4.02trillion at a price of NGN1.76trillion with a commensurate issue of Zero Bond for the NPL acquired.

Some of the companies taken over by AMCON includes, the Silverbird Galleria, Capital Oil(Though the court has directed AMCON) to release the asset to Ifeayin Uba CEO of Capital Oil) First Deepwater Discovery Oil and Gas and a host of others.

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H/O Address Location : AMCON headquarters is at 3rd Floor, Murjanatu House, 1, Zambezi Crescent, Maitama, Abuja.


Asset & Resource Management Company Ltd is a non-banking financial services organization established in 1994. Since it’s establishment, it has carved a niche for itself in the investment business and has in the last two decades, proven through results to be one of the foremost leading and prestigious financial services companies in Nigeria through its investment management expertise.

ARM are also into investment banking and financial advisory services, infrastructure finance and development, estate management and development, pension fund administration and non-pension asset management if you are familiar with radio and TV commercials, their pension scheme seems to be the most vocal.

H/O Address Location : ARM head office is at 1 Mekunwen Road, Off Oyinkan Abayomi Drive, Ikoyi, Lagos, Nigeria.


Cashcraft Asset Management Ltd is a Nigerian Asset Management Companies. It was commissioned as a fund manager, dealer, Issuing House and broker and incorporated in 1991. Cashcraft Asset Management has an estimated authorized capital of over N3.2 Billion while it shareholders’ funds is over N1.8 Billion. These figures are likely to change due the current economic policies as a result of Nigeria’s current economic nosedive.

Cashcraft Asset Management operates from 3 offices in Lagos and several others around the country. These include Ikeja, Ikoyi, Yaba, Abuja, Kano, Port Harcourt, Bonny, Asaba, Ibadan, Kaduna, Yenagoa, Nnewi and Benin.

Head Office Address

3rd Floor Asei World Centre

57 Aba Road, Port-Harcourt,

Rivers, Nigeria.

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CDL Asset Management Ltd is a well known and popular financial service centre for investment banking and asset management services in Nigeria. CDL Asset Management Ltd was established in 2004. Currently with an authorized and Issuing capital estimated at over N500 million. They offer services like Asset Management Services, Corporate Finance Services, Financial Advisory Services, Portfolio Management Services, Treasury Services, Trading in Government Securities, Corporate Trust and Private Trust Services, Issuing House & Underwriting Services and Stock-broking Services.

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Their head office address is located at CDL House, 1st Floor 67, Marina, Lagos Island, Lagos, Nigeria


Cowry Asset Management Limited was incorporated on February 22, 2005 by a team of highly intelectual successful Nigerian professionals and entrepreneurs with  wealth of knowledge in various sectors of the economy which includes Insurance, Capital markets, Banking, Engineering, Education and Business. as an investment company to engage in all aspects of capital market activities but with particular emphasis in these areas:Investment Banking, Securities Trading, Financial Consultancy services, Real Estate Consulting , Corporate Finance etc

Head Office Address

Plot 1319 Karimu Kotun,

Victoria Island,

Lagos Nigeria


Lead Capital Plc was established in 1987 investment banking firm situated in Nigeria though it is a Pan-African company. It is registered as as an issuing house, underwriter and fund/portfolio manager with the Securities and Exchange Commission (SEC). It offices are located in Lagos, Abuja and Port Harcourt.

Their head office is located at 3rd Floor, Millennium Builders Plaza Plot 251 Herbert Macaulay Way, CBD, Abuja.


Light House Asset Management Ltd was Established in 1986 as Rims Securities Limited and licensed as a member of the Nigerian Stock Exchange in the same year. Light House is a major player in the market having sponsored over 20 companies to the market including major companies like; Union Bank, Nal Merchant Bank Plc currently Sterling Bank Plc, the 1st and 2nd Kaduna State Revenue Bonds. It presently holds more than 75% of the capital of the company. Light House Asset Management Ltd is presently authorized by the Security and Exchange Commission (SEC) to function as Issuing House and Broker Dealer.

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Head Office Address

3rd Floor, Oyo State House

Ralph Sodeinde Street,

Central Business District, Abuja.

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Sterling Asset Management and Trustees Ltd which was formerly known as NAL Asset Management and Trustees Limited was incorporated on September 5th, 1985 as a Private Limited Liability Company and registered by Securities and Exchange Commission (SEC) to do business of asset management and trusteeship.

Their head office address is located 62, Adetokunbo Ademola, Victoria Island, Lagos, Nigeria.


Tower Assets Management Limited is a leading Nigerian Issuing House, Stockbroking firm and Financial Advisory with several years of experience in Asset Management. Tower Asset Management Ltd is licenced by the Nigerian Stock Exchange Commission (NSE) and with Securities and Exchange Commission (SEC) as Brokers/Dealer and Issuing House. This Asset Management Company has an authorized share capital of NGN550m.

Their Head Office Address is located at Suite 6, 2nd Floor, Marina Court, Plot 252A Herbert Macaulay Way, CBD, Abuja FCT


Forte Asset Management Limited formerly known as Forté Financial was incorporated in April 1997. The company started out as a private limited liability company, licensed to carry out a wide range of complicated and sophisticated financial services, which was mainly conventional investment services of stockbroking and asset management. in April 1997. The company commenced operations as a private limited liability company, licensed to carry out a range of sophisticated financial services, which was mainly conventional investment services of stockbroking and asset management.

Head Office Address

Suite 31, 3rd Floor,

Jinfa Plaza, Samuel A. Ademulegun Street,

CBD, Abuja. Nigeria.


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