As a boost for Nigeria’s financial sector, the Central Bank of Nigeria (CBN) has granted regulatory approval for the establishment of Greenwich Holdings Limited, the financial holding company of Greenwich Merchant Bank Limited.

The approval marks a significant evolution for the Greenwich Group, allowing it to consolidate its financial service businesses, expand into new markets and solidify its leadership position.

With the commencement of operations, Greenwich Holdings will oversee key subsidiaries, including Greenwich Merchant Bank Limited, Greenwich Asset Management Limited and Greenwich Securities Limited.

The move is expected to drive the strategic expansion of the Group, reinforcing its commitment to delivering top-tier financial solutions.According to the Head of Corporate Communications at Greenwich Merchant Bank Limited, Ozena Utulu, the approval is a testament to the Group’s dedication, hard work and long-standing reputation as a trusted partner in the financial sector.