FirstCap Advocates Stronger Capital Flows to Businesses and Infrastructure at NESG 32
By Trek Africa Newspaper
FirstCap Limited, a leading investment banking firm and subsidiary of First HoldCo Plc, participated in the 32nd Nigerian Economic Summit (NESG 32), where the Managing Director/CEO, Ukandu E. Ukandu, contributed to high-level discussions on mobilising capital to support business growth, infrastructure development, and sustainable economic expansion in Nigeria.
Held in Abuja under the theme, “Growth That Works: Delivering Jobs, Productivity and Shared Prosperity,” NESG 32 brought together policymakers, investors, development partners, and private sector leaders to explore strategies for translating economic reforms into increased investment, productivity, and job creation.
Speaking during the sessions “Investing in Nigeria’s Productive Future” and “From Reform to Capital Mobilisation: Unlocking the Next Wave of Productive Investment in Nigeria,” the Managing Director, Ukandu highlighted the importance of creating investment ready businesses and projects through strong corporate governance, financial transparency, credible reporting, and financing structures aligned with different stages of growth.
Discussions also focused on addressing financing gaps in critical infrastructure, particularly in power and industrial utilities, as well as the role of innovative financing solutions such as blended finance, credit enhancement mechanisms, guaranteed bonds, and professionally managed investment vehicles in attracting long-term institutional capital.
A key theme across both sessions was the need to strengthen the connection between available capital and investable opportunities. With significant domestic institutional funds available through pension and other long-term savings pools, stakeholders emphasized the importance of developing well structured projects capable of attracting sustainable investment.
For FirstCap, advancing economic growth requires more than the availability of capital. It also depends on creating a strong pipeline of investment ready businesses and infrastructure projects supported by sound governance, transparent financial information, and effective risk-management frameworks.
FirstCap’s participation at NESG 32 reflects its commitment to facilitating capital mobilisation, supporting productive investment, and developing financing solutions that help businesses and infrastructure projects unlock long term value. As Nigeria seeks to deepen investment and expand productive capacity, stronger links between institutional capital and quality investment opportunities will remain critical to accelerating economic growth and shared prosperity.
About FirstCap Limited
FirstCap Limited is a dynamic investment banking and capital markets advisory firm, and a subsidiary of First HoldCo Plc, one of Africa’s most resilient and trusted financial institutions. With over two decades of experience delivering tailored financial solutions that drive growth, transformation, and long-term value. Our core expertise spans mergers and acquisitions, capital raising, and strategic financial advisory. Backed by a proven record of landmark transactions across multiple sectors, FirstCap is a trusted partner of choice for corporations, institutions, and entrepreneurs navigating complex financial landscapes.
Our dedicated team combines global insight with local market intelligence to help clients seize opportunities, mitigate risks, and achieve their most ambitious goals. We are committed providing the clarity, precision, and execution that our clients need in today’s fast-evolving business environment.
