CBN grants Woodhall Capital finance house licence

Woodhall Capital, a global investment and financial services firm, has been granted a finance house licence by the Central Bank of Nigeria.

According to a statement made available to our correspondent on Tuesday, with the licence, Woodhall Capital will now offer a range of financial services in Nigeria, including investment banking and asset management.

It stated the licence enabled the firm to tailor innovative financial solutions to meet the needs of Nigerian businesses and investors.

The founder of Woodhall Capital, Mojisola Hunponu-Wusu, stated that the licence represented an opportunity for Woodhall Capital and reflected its commitment to Nigeria’s dynamic market.

“We appreciate the CBN for its thorough process in granting this licence. It underscores our dedication to providing exceptional financial services and contributing to Nigeria’s economic growth,” she asserted.

She added that Woodhall Capital’s re-entry into Nigeria came with an increased volume of financial products, showcasing the country’s potential as a key market in Africa.

Hunponu-Wusu commented that the firm planned to leverage its global expertise and local insights to support Nigerian businesses and enhance investment opportunities.

The PUNCH reports that Afreximbank and Woodhall Capital have collaborated to host a one-day workshop on supply chain finance and factoring in Nigeria.

-By Temitope Adetunji

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