STL Trustees Marks 30 Years, Exceeds N2bn Capitalization
STL Trustees Limited, a prominent non-bank affiliated trust company in Nigeria, marked its 30th anniversary by unveiling a new logo and announcing that it has exceeded the N2 billion capitalization requirement set by the Securities and Exchange Commission (SEC). The company's Managing Director and CEO, Mr. Funmi Ekundayo, disclosed that STL Trustees has surpassed N2.5 billion in shareholder funds, exceeding N20 billion ahead of regulatory deadlines.
Established in 1996, STL Trustees aims to enhance its market leadership in Nigeria and expand its services across Africa over the next five to ten years. The growth strategy focuses on three pillars: deepening sector expertise, leveraging technology for service innovation, and expanding its footprint in the African market.
STL Trustees has become a leading brand in Nigeria's capital market, executing transactions in bond issuance and collective investment schemes, and is well-positioned to support the next generation of trust services.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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