TransAfrica Financial Services Limited (TFSL), formerly Trust & Financial Services Limited, is a wholly owned Nigerian non-bank, investment banking outfit, with core competence in capital markets, privatization, corporate re-structuring, infrastructure finance, project development, estate finance and advisory services. It was incorporated on 5th September 1991 and is a dealing member of The Nigerian Stock Exchange. It is also licensed by the Securities and Exchange Commission to act as issuing house, investment adviser and broker / dealer