NGX Awards 2025 recognise top brokers, firms, and institutions for performance, compliance, and impact in Nigeria’s capital markets

The Nigerian Exchange Group (NGX) celebrated leading institutions at the 2025 Made of Africa Awards, recognising firms and individuals driving excellence in Nigeria’s capital markets.

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Recipients included Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel Hill Denham, and MTN Nigeria Communications for outstanding contributions to market performance, compliance, and investor confidence.

Speaking at the event, NGX Group Chairman Umaru Kwairanga highlighted the awards’ role in setting benchmarks for performance, integrity, and innovation across Nigeria’s financial sector.

“Their achievements set a benchmark for performance, integrity and innovation across the capital market,” he said, adding that sustaining discipline and transparency remains vital to maintaining both domestic and international investor trust.

Temi Popoola, NGX Group Managing Director and Chief Executive Officer, stressed the importance of collaboration and operational efficiency in driving market growth.

“Operational efficiency and cooperation across the ecosystem are increasingly important as trading activity diversifies and investor expectations continue to rise,” Popoola said.

From a regulatory perspective, Securities and Exchange Commission Executive Commissioner, Operations, Bola Ajomale, noted that the awards underscore the significance of compliance and accountability.

“Recognition through the Made of Africa Awards reinforces adherence to market rules, strengthens investor confidence, and supports sustainable growth across Nigeria’s financial markets,” he said.

Award winners reflected a wide spectrum of market excellence.

First Trustees Limited was named best trustee by deal value, Legend Internet Plc received the market debut excellence award, and CardinalStone Securities emerged as both equity trader and broker of the year.

Capital Express Securities won ETPs trader of the year, while Stanbic IBTC Stockbrokers claimed fixed income trader of the year.

Chapel Hill Denham was recognised for managing the largest listed fund and for foreign portfolio investment transactions, while Mainstreet Capital and APT Securities jointly won Issuing House awards for primary market equity deals.

Anchoria Advisory Services led in corporate bond issuances, Dangote Cement was named best issuer for fixed income listings, and BUA Cement was recognised as the most compliant listed company.

Transnational Corporation Plc earned the capital market excellence award in equities.

Special recognition was extended to the Debt Management Office for fixed income market development, the Capital Markets Correspondence Association of Nigeria for market reporting, and Lambeth Capital/Bamboo Systems Technology for onboarding the highest number of new retail investors.

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The 2025 Made of Africa Awards exemplify NGX’s continued efforts to broaden market participation, deepen liquidity, and strengthen investor confidence across Nigeria’s equity and fixed income markets.