The Company  

Cowry Consulting Limited is a subsidiary of Cowry Asset Management Limited, a dealing member of The Nigerian Stock Exchange and a registered operator with the Securities and Exchange Commission.

Cowry Consulting Limited was established with a mission to "assist all the federating states in Nigeria to become economically independent" by providing them with business consultancy, financial, management and process advisory services in the areas of revenue generation, public private partnership, concession offrastructure, privatization/commercialization, etc. The company is manned by tested professionals with diverse background such as Accountancy, Economics, Engineering, Consultancy, etc.

Our Capability/Experience

A testimony of the quality of our professional services and competencies in the handling of capital raising exercise is reflected by the number of mandates we have handled within the short–term since we started operation.
We have acted in the capacity of

  • Co–Financial Adviser/Joint Issuing House and Lead Stockbroker to Ebonyi State N20bn bond issue;
  • Sub–Underwriters to Bayelsa State N50bn bond issue;
  • Placement agent/book runner to the just concluded Flourmills of Nigeria Plc N35bn bond issue;
  • Placement Agent to the just concluded Edo State N25bn bond issue and
  • Lead Issuing House to Afrinvest N2bn Private Placement.

We are currently acting in the capacity of Joint Issuing House/Underwriter and Lead Stockbroker to the proposed Abia State N30bn Revenue bond issue, Joint Financial Adviser/Issuing House to Cement of Northern Nigeria (CCNN) N45 Billion hybrid offer.

We were also sub–underwriter to the just concluded Benue State N13bn bond issue and sole issuing house/financial adviser to Premier Breweries rights offer.

Our mandates have also included but not limited to the following Private Placement offers;

  • International Energy Insurance Plc (IEI),
  • Hi–media Limited (HiTV),
  • Swap Technologies,
  • Cards Technology Limited,
  • Spring Mortgage,
  • Correspondence Limited,
  • Megastrat Consulting,
  • Naturelle Extracts Limited,
  • Encon (Negris Group),
  • Magnus Consulting,
  • Channel Oil and Petroleum Limited,
  • OPR–Refining & Petrochemicals Co. and
  • Assetwise Capital Limited.

Our company has also acted or is acting as "stockbrokers to the issue" of the following public offers;

  • Rivers State Bond,
  • Delta State Bond,
  • Ekiti State Bond,
  • Ondo State Bond,
  • Standard Alliance Plc,
  • Dangote Flour Nig Plc,
  • Afribank Nigeria Plc,
  • Bank PHB Plc,
  • FirstInland Bank Plc,
  • Bank PHB – Mortgage Fund and Real Estate Development Fund.