Corporate Cash and Treasury Management in Nigeria: Provider Brief

A company comparing cash-management or treasury services needs a clear view of operating obligations, authorised decisions and reporting. Corporate wealth management is not simply a personal portfolio held in a company name. Wigmore Trading accepts preparatory commercial-research and procurement-coordination enquiries. Banking, investment advice, managed portfolios and financial transactions must remain with the appropriately authorised providers.

Define the operating problem

Identify the organisation, purpose of the project and the distinction between operating cash, planned commitments and other balances. Ask the finance team to document who owns the policy, approves providers and authorises instructions. This guide does not determine what your business should invest or how much liquidity it needs. Those decisions require the responsible officers and qualified advisers to assess the actual circumstances.

Distinguish banking, funds and managed accounts

A bank account, fixed deposit, money market fund and discretionary investment mandate have different contracts and risks. Do not assume a product is a deposit, insured balance or guaranteed investment because it is described as cash-like. Ask the provider to explain the legal structure, asset holder, access process and applicable protections. Compare the actual documents rather than only a yield figure.

Prepare an investment-policy discussion

A company’s policy may need to address permitted services, governance, delegated authority, reporting and review. The board or responsible committee should obtain qualified advice on the applicable legal and sector requirements. Record the approved mandate and how exceptions are escalated. An outsourced service does not remove accountability for approving the relationship and monitoring the provider.

Check funds and counterparties

Verify relevant capital-market functions through the SEC register; banking status needs the appropriate banking checks. A group affiliation does not establish that every product or entity has the same protections. Ask about conflicts, concentration, valuation, liquidity terms and what happens if a provider becomes unavailable. Keep documented evidence of the comparison and approval.

Reporting should connect cash, assets and obligations

Require a consistent reporting date and clear separation of balances, transactions, income, charges and unsettled items. Reconcile statements with the organisation’s records and investigate differences. A dashboard should disclose its source and refresh timing. For foreign-currency balances, clarify the conversion methodology and separate currency effects from investment performance. Avoid treating an indicative valuation as an immediately realisable amount.

Request a comparable commercial proposal

Provide the desired scope, locations, systems, reporting frequency and implementation timetable at a non-confidential level. Ask suppliers to price setup, ongoing administration, data, integration, support and exit separately. Confirm secure onboarding and instruction channels before sensitive records are shared. Require written service responsibilities and realistic limitations rather than assuming an advertised platform can perform every workflow.

How Wigmore can assist with preparation

Discuss research, provider-enquiry coordination and systems-procurement needs with our team. We can clarify available deliverables and specialist dependencies before any engagement. We do not accept funds or treasury instructions through a sales enquiry. Keep bank statements, account credentials, live balances and payment details out of your initial message.