FirstCap Limited, a First HoldCo Plc subsidiary, was named the Capital Markets Architect of the Year at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
According to organisers, the recognition underscores FirstCap Limited’s pivotal role in shaping Nigeria’s capital markets by creating innovative investment products and financing structures designed to deepen market efficiency and foster sustainable economic growth.
Receiving the award, the managing director and chief executive officer of FirstCap Limited, Ukandu E. Ukandu, expressed appreciation to BusinessDay Media for the honour, describing it as a validation of the company’s consistent drive for innovation and excellence.
“We are truly proud to receive this award. It validates our commitment to delivering innovative investment solutions that create exceptional value for our clients and contribute significantly to the growth and resilience of Nigeria’s capital markets industry,” Ukandu said.
He attributed the achievement to the dedication and creativity of the firm’s workforce, noting that the award belongs to every member of the FirstCap team whose hard work continues to propel the company to greater heights.
“This achievement reflects the dedication and creativity of our entire team. I wholeheartedly dedicate this award to our staff, whose relentless drive and passion have brought us this far,” he added.
Ukandu reaffirmed the firm’s commitment to developing more impactful investment innovations to support Nigeria’s financial ecosystem and drive inclusive economic growth.
