Magen Doxa Umerim Capital Limited has secured approval from the Securities and Exchange Commission (SEC) to operate as a Fund/Portfolio Manager in Nigeria’s capital market, effective July 28, 2026.
The approval positions Magen Doxa Umerim Capital to provide regulated fund and portfolio management services tailored to the needs of individuals, corporates, institutions and diaspora investors.
This milestone marks a new chapter for the firm, which has built its foundation on professionalism, integrity, strong governance and a deep commitment to helping clients grow and preserve their wealth.
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Headquartered in Yaba, Lagos, the firm will combine experienced investment professionals, disciplined research, effective risk management and technology-driven solutions to deliver a transparent and seamless investment experience.
With the SEC approval now in place, Magen Doxa Umerim Capital is positioned to deepen access to professionally managed investments while maintaining high standards of accountability, regulatory compliance and client service.
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