FCMB Capital Markets Limited, an arm of the Investment Banking business of FCMB Group Plc, has been named the ‘Issuing House with the Highest Number of Listed Debt Issuances’, also known as Corporate Bonds, by the Nigerian Exchange Limited.
The award was given to the firm at the annual NGX Made of Africa Awards which was held in December in Lagos.
In a statement issued on Monday, the Executive Director, Coverage & Investment Banking, FCMB Group, Femi Badeji, commented on the award saying, “This recognition validates Nigeria’s leading companies and public institutions’ deep trust in FCMB Capital Markets and its capabilities. Our unwavering commitment to excellence and building long-term relationships tailored to each client’s needs has helped us to remain a pre-eminent investment banking firm. We dedicate this award to our valued clients and promise to keep them at the heart of everything we do.”
The Managing Director of FCMB Capital Markets, Ikechukwu Omeruah, said, “This isn’t just for us at FCMB Capital Markets and the FCMB Group; it’s for our market and Nigeria’s future. Each bond we facilitate isn’t merely a financial instrument; it deepens our market and catalyses growth, job creation, and the advancement of our nation. Our success isn’t measured in numbers, but in the tangible impact we create for our clients and our nation.”
Over five years, FCMB Capital Markets has raised about N3tn in debt and equity capital for leading corporate organisations across diverse sectors of the Nigerian economy.
The firm’s 2023 performance was exceptional, as it facilitated six out of nine publicly issued corporate bonds, part-raising over 75 per cent of the capital sourced through the corporate bond market and securing a similar market share.
The NGX Made of Africa Awards is designed to recognise organisations and individuals within the Nigerian capital market ecosystem that demonstrate exceptional performance in value delivery and sustainable impact and act as key drivers in strengthening the Nigerian and African capital markets.
Other winners include MTN Nigeria which won the Most Compliant Listed Company award, VFD Group was recognised as Listing of the Year, CardinalStone Securities won Equity Trader of the Year while Lagos State Government and the Debt Management Office were recognised as the State Government with the Largest Sub-National Debt Instrument Issuance and Capital Market Excellence Award respectively.
Chapel Hill Denham was recognised in two categories; Cross-Border Trade Facilitator of the Year and Fund Manager with the Largest Listed Fund Size, while Cordros Capital and Kairos Capital both won the award for the Issuing House with the Highest Number of Primary Market Transactions (Equity Category).
