Forthright Securities and Investments Limited, is registered by the Securities and Exchange Commission as Broker/Dealer and a licensed dealing member of the Nigerian Stock Exchange. The company was incorporated 14 December 1995 with an authorized share capital of N10 million and paid up of N6 million and licensed by the Securities and Exchange Commission as Broker/Dealer on 24 February 1996. The evolving development in information communication and technology as well as globalisation of World Economies necessitated the increase of the share capital to N350 million.
Our expertise had placed us in a vintage position to meet the demands of our clients with utmost dispatch. We have competent hands in the field of research and analysis, stock trading and investment advisory among others.
Integrity is our watch word as we operate with high standard of business ethics and professionalism.
We have as our objectives the following:
To make meaningful and significant contribution to the development of the Capital Market
To provide to the investing public, acceptable and modern qualitative financial products and services
To create maximum wealth for various stakeholders and ensuring superior rates of return for investors;
To provide an enabling environment that will make investments satisfactory both in the short and long terms;
To Provide a conducive working environment and satisfactory conditions of service for our staff;
To help increase the general awareness of capital market operations.
Our range of services includes:
Investment Advisory
Our responsibility in this area is to advise our clients and would be clients on the various investment opportunities and appropriateness of the investment decision being taken. This we do through careful and thorough analysis of the opportunities both in the money and capital market as well as real estate of the economy. Our analysts employ both fundamental and technical approaches to arrive at their conclusions.
Financial Education
We have recognized the fact that people waste wealth due to lack of knowledge. Therefore, we have placed ourselves at a vantage position to disseminate information both financial and motivational, which we believe will assist people to create and manage their wealth for multiplicity and sustainability. This we intend to achieve through seminars and publication of newsletter as well as bulletin on periodic basis.
Stockbrokerage
We buy and sell shares on the instruction of our clients on the floor of the Nigerian Stock exchange. Our guiding principle here is to buy low and sell higher. The Nigerian Stock/Capital market has developed to the level where purchases and sales can be made within a week. This has increased the liquidity and transparency of the market in addition to making the stockbrokers more accountable.