Norrenberger wins right to manage host community trust fund, now to play deeper, bigger in Niger Delta financial economy

Norrenberger wins right to manage host community trust fund, now to play deeper, bigger in Niger Delta financial economy


Pabina Yinkere, CEO, Norrenberger Asset Ltd speaking in Port Harcourt to revive investment interest in genuine products


Norrenberger Asset Management Limited has been appointed to manage the Host Community Development Trust (HCDT). This was disclosed to newsmen in an interview in Port Harcourt, Rivers State, by Pabina Yinkere, the Managing Director of the company at the end of a campaign rollout in the oil region.

The Host Community Development Trust (HCDT) is indicated to have a total size of ₦373 billion as of October 13, 2025, which includes N125 billion and $168.9 million. This fund is managed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and is currently supporting 536 ongoing community projects.

The CEO of Norrenberger said the South-South is of particular interest to the company. “We are one of the fund managers approved to manage host community development funds in Nigeria. And by virtue of that, many of these host communities, you know, are in the Niger Delta. So, very soon we’ll be starting our office in Bayelsa, Yenagoa. Very soon, so that we can serve the oil-producing region of our country and we can help those people build their own wealth.”

Ekene Okechukwu, regional head, Norrenberger speaking with newsmen
Ekene Okechukwu, regional head, Norrenberger speaking with newsmen

Norrenberger Asset Management Limited provides conventional and shariah compliant investment products and services across all major asset classes to a diverse set of institutional, corporates, individuals and foreign investors. They offer wealth management services such as portfolio management, investment advisory, mutual funds, education planning, estate planning services, fixed income services and retirement planning.

Yinkere said Norrenberger Asset Ltd is a SEC-licensed and regulated fund manager/financial adviser with what he called investment solutions for everybody. “Basically, from your corporate institutions to your high-net-worth individuals, and to the retail man on the street.

Investors in rapt attention in PH
Investors in rapt attention in PH

“We provide investment solutions for each and every one of those persons so that they can meet their financial goals, investment objective, and build wealth for themselves.”

The firm has corporate headquartered in Abuja. “We have regional offices in Port Harcourt, Lagos, and Kano. Okay, four regional head offices, that’s for our asset management business. But from a group perspective, because of our pension and our insurance business, we have a footprint in every state in this country.”

The expert said the south-south or the Port Harcourt investment zone has suffered some debitating incidents where investors lost huge funds. This, he said has affected their investment appetite, requiring repair and revival.

He said: “We are seeing some interest once again, but I think for us one of the passions that drive us is to bring financial intermediation, to bring financial literacy to different parts of Nigeria. So that those people that are underserved can be served.

“We want to help Niger Delta people determine their financial destiny. If you ignore them, who’s going to bring that to them? So, that’s one of the reasons. We think, while investment and financial acumen and literacy of this part of the country is not the very best, we have to strive to boost it.”

Staff and investors pose at the investment breakfast in PH
Staff and investors pose at the investment breakfast in PH

He mentoned the methods as to educate people, to empower people with financial knowledge, with financial power, so that they can determine their financial destiny. “So, that’s what we preach.”

On insurance which seems to be a key desire in the south-south because high risks, Yinkere said; “Yes, we have a product that has insurance embedded in it. Our product for children, which we call KidStart. It enables parents and guardians to save for the future of their children and their wards.

“The product has embedded in it an insurance option where the parent or the guardian, who is the contributor, can take a life insurance policy on themselves, such that, if anything happens to them or on the unlikely event of their demise, the insurance kicks in and adds to the investment that they have made so that the beneficiaries, which are the children, get the benefit of that.”

He said however that Norrenberger would not delve beyond that into insurance. “Every company has their role to play in the market. We cannot leave our fund management business and start doing insurance. So, there’s insurance for this kind of thing. There’s insurance for kidnapping. If somebody gets kidnapped, insurance kicks in.

“So, we have to play where we are strong. So, we don’t want to go into other people’s businesses. However, because you are building wealth and you are building assets with Norrenberger, when any such emergency comes on, you can come and liquidate your investment or use it to meet whatever objective that you want. That is how far we can take it.”

On products that can offer intervention to top investors in the event of abduction now rampant in the region, Yinkere said what he understood it was security in investment.

Read also: AI, new investment sector heading to $400bn in 2026, says Norrenberger Asset

“We are SEC-regulated company. And according to the SEC rules or modus operandi for fund managers, every fund manager is required to have a custodian. Custodian banks are the biggest banks that will house the funds and assets that we manage for our clients. So, as a fund manager, we do not keep one Naira by ourselves. We have no access to the money. All the monies are kept with the custodian bank.

“And for us, our custodian banks are UBA and Zenith Bank. These are some of the biggest banks in the country. So, we cannot spend money without their agreement. They are also regulated by SEC. So, any investment we are making, they must also ensure that it is in line with SEC regulation before they support it. So, that is the security that is provided for fund management and asset managers that are regulated by SEC. We have many people out there that call themselves fund managers, but they have no license, they are not regulated by SEC. Beware of those kind of people. Deal with only SEC-recognized, SEC-registered, SEC-regulated fund managers.”

Speaking to newsmen also, Ekene Okechukwu, the Regional Head, East of Norrenberger Asset Management, who covers majorly the South-South Region and Eastern Region, talked about the peculiarities of the area.

PH investors must now beware of Ponzi:

He said: “This region has had some bad or hard lessons to learn in terms of investment. We’ve had some very, very, bad investment outfits that came up in the past like MBA Forex and one other that came up Delta State. There have been a lot of Ponzi schemes that came out. And we’ve had our fingers burned. And, you know, I will say that those experiences actually changed the mindset of the region or people from this region in terms of safe investment.

“So, what Norrenberger is bringing to the table is literally an investment that is regulated by the Securities and Exchange Commission (SEC). It means you can actually invest and go home with your two eyes closed. So, we are changing the investment landscape literally for the region, and we want to have more penetration.

As I mentioned before, we have an expansion plan to grow within the region, and our goal is to simplify wealth creation and make sure that we bring innovative investment solutions to the investing public.”

He admitted that most investors in the region seem crazy about high yielding returns but must be told that such products carry maximum risks. He said it is wrong for people to want safety and high yield on investment at same time.

“What you’ll typically see in a typical Ponzi scheme arrangement is that they give promise you heaven on earth. And we operate in a market with realities. The money from investors is not meant to be invested in a vacuum. There’s deficit economy that needs the money for business expansion, that needs the money for working capital, that needs the money for capital growth and all of that. So, we literally work as an intermediary between the surplus and the deficit economies.

“This money we collect from investors, there’s a market where we invest it and give them the return we promised them. We must give an investment return that is in line with market reality, we cannot promise unrealistic return on investment, because doing that means that you are literally promising where there’s no market available to give you that return on investment you give investors.

“So, we have SEC-regulated instruments that we must invest this fund in, and we are guided by that through and through. So, so these opportunities are what give rise to the return we give investors. And even with that, we are also performing above market average. And I think we are doing very well at that.”

Hot products ahead:

Norrenberger officials said their products are one of the highest yielding ones in the market with safety in mind. They said; “Global spending on artificial intelligence (AI) is projected to rise sharply through 2026 as tech giants rush to reap the benefits of AI boom that has pushed stocks to record highs. A consensus is emerging that global AI investment will approach $400 to $500 billion in 2026, underscoring the substantial expansion of AI deployment across industries and regions.”

Yinkere advised willing investors to always diversify their portfolios so that if something went wrong in one sector, other portfolios would rescue the investor.

He used that opportunity to present the four investment products Norrenberger created to make investors under them smile all the time, such as money market, dollar fund, Islamic fund, and turbo fund.

He also mentioned another called ‘kickstart’ designed for children of parents that would want to protect the future of their children with investment packages. He said the children can take over the fund at the age 21 but could access it marginally before that age.

He began by saying that Norrenberger specialized on asset management, security trading, digital trading, infrastructure banking, micro finance banking, etc.

He said the company has over 200,000 clients with over N500bn fund and is rated by two credible rating agencies in Nigeria. He talked about N30bn revenue and over 700-strong workforce with full registration of the Securities and Exchange Commission (SEC).

He also talked about strict screening of funds applying to be invested and shortlisting of successful ones, saying Norrenberger has a track record in the financial market and has not experienced any regulatory infraction.



Source: Businessday

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