LONDON, United Kingdom — BRB Capital Group has acquired Amalfi Capital Limited, a Financial Conduct Authority-authorised investment advisory and brokerage firm, following regulatory approval for its UK subsidiary to purchase the company. The acquired firm has been renamed BRB Capital Management Limited and will serve as the Group’s platform for operations in the United Kingdom.
The acquisition combines the Group’s Securities and Exchange Commission (SEC)-regulated operations in Nigeria with FCA authorisation in the United Kingdom, creating a regulated investment platform linking both markets. The company said the move is aimed at improving cross-border investment access for institutional investors, corporates, family offices and eligible counterparties.
Okay News reports that the acquisition comes as economic ties between Nigeria and the United Kingdom continue to expand. Bilateral trade between both countries reached £8.1 billion ($11.0 billion) in the year to the third quarter of 2025, while Nigeria’s pension assets exceeded ₦27.45 trillion ($17.71 billion) in 2025, increasing demand for investment diversification and professional asset management services.
According to Etimbuk Bassey, Chief Executive Officer of BRB Capital Group, the transaction is intended to address long-standing challenges faced by investors seeking regulated access between both markets. The UK platform will focus on investment banking advisory, fund management, agency dealing services, capital raising, mergers and acquisitions advisory, and regulated trade execution.
The company said the platform will provide UK-based professional investors with access to Nigerian and African investment opportunities, while offering Nigerian institutional and professional investors greater exposure to London’s financial markets and hard-currency investment products. It also aims to serve members of the Nigerian diaspora seeking long-term wealth creation opportunities.
Dr. Ebele Onyeabo, Group Managing Director of BRB Capital Group, said the acquisition strengthens the firm’s ability to operate across both jurisdictions under established regulatory frameworks. The company stated that BRB Capital Management Limited is operational immediately from its London headquarters while retaining Amalfi Capital’s existing FCA permissions and regulatory standing.
