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September 20, 2025 - 12:01 PM

Zedcrest Purchases RMB Stockbrokers in Nigeria

Rand Merchant Bank member RMB Nigeria Stockbrokers has been bought by Zedcrest, one of Africa’s top providers of financial solutions.

According to Zedcrest, the acquisition supports the company’s goal of expanding its market reach and service offerings.

The report stated, “In addition to Zedcrest’s portfolio of financial products and services, RMB Nigeria Stockbrokers, the Corporate and Investment Banking arm of the FirstRand Group, brings a wealth of experience and a strong reputation in stockbroking, promising significant benefits for clients and stakeholders.”

The acquisition, according to Zedcrest Group CEO Adedayo Amzat, “underlines Zedcrest’s commitment to growth in the financial sector.”

“We will be able to provide even more value to our clients when we combine our comprehensive financial solutions with the stockbroking expertise of RMB Nigeria Stockbrokers,” he stated.

The CEO of RMB Nigeria Stockbrokers, Layi Olaleru, expressed optimism for the company’s future and the chances it presents.

“We are excited about the opportunities this acquisition presents and look forward to a promising future. We assure our clients that this transition will be seamless and that their interests will remain our top priority,” he stated.

One of the top providers of modern financial solutions in Africa, Zedcrest is dedicated to providing all-inclusive financial services throughout the continent.

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