Leadway Capital Pledges Significant Contribution to Nigeria’s Economy
Ebere Nwoji
Leadway Capital & Trust Limited said it has positioned itself for greater impact in the Nigerian economy.
The company’s Managing Director Mr. Ayo Wuraola in a statement said the positioning was Leadway Capital & Trustees’ strategic move towards enhancing its intermediation in commercial, public, and private transactions.
He underscored the commitment of the firm to a trusteeship model that facilitates more transactions for issuers while securing the interests of investors and lenders.
“We are dedicated to creating sustained value through innovative financial solutions, including trusteeship and microcredit services,” Wuraola stated.
According to him,as trustees, the company acts on behalf of clients, ensuring their interests were well represented and their investments as well as final wishes were safeguarded through proper documentation as wills or and trusts such as education trusts and
estate trusts.
He said Leadway Capital & Trusts’ related investment services encompass select shortterm loans, leases, LPO financing, and targeted micro-loans.
Wuraola, said recognising the pivotal role of trust in commerce, the company underscores its significance in a global landscape where transactions often involve parties in distant locations who may never have met face-to-face.
Wuraola envisions exponential growth in the trust business over the next few years, foreseeing its strategic role in the economy.
He expresses optimism regarding the promising future of trust services, driven by the growth in credit in Nigeria among others, as more institutions provide financial services to individuals and small businesses.
He further said Leadway Capital & Trusts, cognisant of its potential impact, has outlined strategic initiatives to assume a leadership position in the industry.
He listed these to include curated product offerings tailored to the needs of technology and venture, capital companies, addressing the rising diaspora remittances, and fulfilling domestic project management requirements.
He said these initiatives aligned with the positive trajectory of increased investment in agriculture.
He said Leadway Capital and Trust recognises the vital role of trust companies through the value chain, therefore aims to be at the forefront of facilitating growth and financial inclusivity.
He said the company’s commitment extended to empowering women entrepreneurs, supporting small businesses, leveraging technology and aligning with government initiatives.
