Financial Trust Company Targets Pan-African Expansion, Seeks Increased Capital Market Participation
Financial Trust Company (FTC) is setting its sights on continental expansion as it celebrates its 50th anniversary, signaling a bold transition into a pan-African financial services group. The milestone, according to Group Managing Director Omoniyi Ajayi, represents not just longevity but a foundation for future growth driven by innovation, technology, and stronger investor inclusion across Africa.
Speaking at a press conference in Lagos, Ajayi emphasized that the anniversary—scheduled for May 14—symbolizes decades of trust built with clients and stakeholders. He noted that while Nigeria’s economy holds vast potential, participation in the capital market remains relatively low due to limited financial literacy, perceived complexity, and accessibility challenges.
Ajayi expressed optimism that the company’s golden jubilee will spark renewed interest in the capital market, encouraging more Nigerians to see it as a viable pathway for wealth creation. He stressed the importance of simplifying investment processes and expanding access, particularly for retail investors who have historically been underrepresented.
Looking ahead, FTC plans to strengthen its footprint beyond Nigeria by investing in technology, expanding its investment banking capabilities, and forming strategic partnerships across African markets. Ajayi explained that the company’s next phase will focus on measurable impact, innovation, and inclusive growth, positioning FTC as a key player in Africa’s evolving financial landscape.
Founded in 1976 by the late Olufemi Ajayi, FTC has grown into one of Nigeria’s pioneering indigenous financial institutions, navigating decades of economic shifts while maintaining relevance. As part of its anniversary activities, the firm will host a Golden Jubilee Industry Symposium, bringing together regulators, policymakers, and investors to discuss the future of Nigeria’s capital market and strategies to deepen participation.
source: Leadership