We are SCM Capital

SCM Capital Limited, formerly known as Sterling Capital Markets Limited commenced operations in January 2006 having been registered by the Securities and Exchange Commission to carry on the business of Issuing House and Fund/Portfolio Managers.
The Company’s root as a premier investment bank in Nigeria dates back over 50 years as NAL Merchant Bank Limited before it was packaged as a re-branding of the capital market competencies of the constituent banks that made up the Sterling Bank Group.
Subsequent to the Central Bank directive that repealed the Universal Banking model in the country and prevented Banks from owning subsidiaries, Sterling Bank Group divested its holding from the company through a Management Buy-Out (“MBO”) structure to Broadway Investment Partners Ltd.

The company`s name was consequently changed to SCM Capital Limited to reflect the new ownership.
Given our antecedent in the capital market experience, about 50% of the companies quoted on the Nigerian Stock Exchange have our imprint, by either have handled their Initial Public Offer (IPO) or Capital Issues. Over the last five years, we have continued to make our mark as a leading investment banking institution, having participated in transactions in excess of N400bn, either as Financial Advisers, Issuing House or Underwriters or Fund Managers.

SCM Capital played prominent roles in the recent reforms in the Banking and Insurance Industries, having raised capital and provided advisory services in a number of the mergers and acquisition transactions. Indeed we were responsible for about 30% of the N180bn fresh capital mobilized in the Industry during the period.

Our Management Team

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Our Services

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Asset Management
SCM Capital Asset Management Limited is the full service Asset Management subsidiary of SCM Capital Limited and is licensed by the Securities & Exchange Commission as a Fund / Portfolio Manager.
Capital Issues
As a registered Issuing House with the Security and Exchange Commission, we structure and raise long time caiptal for our clients through equity and debt instruments from the capital market.
Financial Advisory
We provide bespoke financial and business advisory services to our clients based on identified needs, the unique features and dynamics of each transaction. Our clientele includes sub-nationals and corporates in various industries.
Structured Finance
The Structured Finance team works with clients to monetize assets and cash flows through recourse and non-recourse financing structures.


Promoting Value Adding Business Relationships.


To be a reference point in the provision of Investment Banking Services.

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achievements & statistics

Over 17 years of operation

0 Clients in the world

0 Project had finished

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Our Team

Meet Our Team


Over the 30 years of his banking experience, Alhassan has acquired strong corporate and investment banking skills.


Nwamara, a fellow of the Institute of Chartered Accountants of Nigeria is a graduate of Accounting and holds an MBA from the Lagos State University.


He started his career in the financial services sector as an Investment Analyst/Accountant with Maclaize Trust & Securities Limited (now MACT Securities Limited)


He is a seasoned professional with associate membership of Chartered Institute of Taxation of Nigeria, Chartered Institute of Stockbrokers of Nigeria.

Oluwajide DahunsiHead of Research

A distinguished professional, he holds memberships in both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Stockbrokers, amassing over a decade of expertise.

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+234- 01 280 2227-9


2-4 Custom Street Marina
Lagos, Nigeria.



Plot 1083 Mohammadu Buhari Way.
Central Business District,
Abuja. Nigeria.


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