Firm to partner Anambra govt on projects funding

The management of CardinalStone Partners Limited (CardinalStone), has called for a development partnership with the Anambra State on project fundings.

Michael Nzewi, the group managing director of the company, who made the call while addressing participants as a panel discussant, in the just concluded Anambra 2023 Investment Summit, held at the International Conference Centre Awka, on Thursday, said such collaboration would ensure that Governor Chukwuma Charles Soludo’s five-point agenda in the state make a robust impact.

Nzewi said, “We have a big dream, a big agenda to partner with Anambra State Government and other critical Investment stakeholders to meet up with Governor Soludo’s vision of making Anambra a livable and prosperous state in Nigeria.”

According to him, CardinalStone is seeking partnership with the Anambra Government because of the high commitment and dedication of the governor to develop the state. As an Investment bank with 15-years in operation, we are going to bring all expertise to board, to help attract capitalists and other investment partners to the State, to help develop and fund the projects Soludo’s government is trying to do. 

“In CardinalStone, we advise people who want to buy and sell businesses or people who want to raise money either publicly from the market through selling of shares, equities or through bonds. Other aspects of our business include; Asset management, where we manage money for individuals, institutions and companies. Today, we are managing over 200 billion dollars for financial institutions and investors globally, including Nigeria.

“We have also Security Trading Business (CardinalStone Securities), which today, is the largest Stock Brokers in Nigeria after beating Stabic IBTC bank in 2022, that have been in the lead for 20-25 years.

“CardinalStone is a leading indigenous investment banking, securities and investment management firm that provides comprehensive financial advisory, capital raising, and investment management services to its clients across Continents in the World.

“We have actually invested in the State, a sum of 5 million dollars in Linden Farms, which is one of the largest Pountry Farm Projects in Anambra and the country at large. And the only way we can make it work for both CardinalStone and the Anambra State Government is to work together through collaboration, coordination and cooperation, Nzewi concluded.

Tribune Online gathered that the summit was organised by the State Investment Promotion and Protection Agency (ANSIPPA), to discuss and chart the future of the state to fulfill Governor Soludo’s promise of sustained prosperity.

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