We are a major player in the Nigerian money market. On a weekly basis, we trade an average volume of N33.2billion in Treasury Bills and N7.1billion in Commercial Bills. Furthermore, with an asset base of N29.1 billion and a pre-tax profit of N658.4 million for the year ended June 2001, FSDH is the largest and most profitable discount house in Nigeria. We advise on financial and capital structure and strategy, raise capital, make markets in money market instruments and manage investment assets for a carefully selected clientele.

Our shareholders include a diverse group of reputable institutions including the International Finance Corporation (the private sector arm of the World Bank) and Intermarket Services Limited (parent company of Intermarket Discount House of Zimbabwe). These two shareholders have a total shareholding of 13% in the company. Our local shareholders include top-ranking Nigerian banks and other financial service providers.

We have a reputation of meeting obligations as and when due. We are rated “Aa” by Agusto & Co., a pioneer rating agency widely recognized within and outside Nigeria. This translated means FSDH is ‘a financial institution of very good financial condition and strong capacity to meet its obligation as, and when, they fall due’.

We are also rated “A“ by Global Credit Rating company (GCR) formerly known as Duff & Phelps Credit Rating Company, an internationally renowned rating agency. This rating describes FSDH as possessing very high credit quality supported by good fundamental factors.

 

First Securities Discount House Limited
Head Office: Niger House (6th floor), 1/5 Odunlami Street, P.M.B 12913, Lagos, Nigeria. E-mail: info@fsdhgroup.com  Phone: 234-1-2640160-9, 234-1-2640150-9, 234-1-2702880-2 (Dealing only) Fax: 234-1-2640173-4 Telex: 28453 FSDHNG	Abuja Office: Plot 990, 1st floor,  NAL Building, NAL Boulevard Opposite Leventis Close Central Business District Garki, Abuja Nigeria. E-mail: fsdh-abuja@fsdhgroup.com  Phone: 234-9-6700535 ,            234-9-2731170	Portharcourt Office: Afribank Building (2nd floor) 5 Trans Amadi Road, PortHarcourt., Nigeria. E-mail: fsdh-phc@fsdhgroup.com  Phone: 234-84-463308, 234-802-4081331 Fax: 234-84-463174