DataPro, a credit rating and compliance consulting firm, has assigned a BBB+ rating to Foremost Capital Limited following an assessment of the company’s key performance indicators.
The rating covers the asset management firm’s financial strength, liquidity position, capitalisation, profitability and asset base, the company stated over the weekend.
DataPro noted a 250 per cent growth in Foremost Capital’s assets under management between July and December 2025, and cited improvements in the company’s revenue generation.
The rating also assessed the company’s governance structures, risk management, internal controls and compliance systems.
Foremost Capital is licensed by Nigeria’s Securities and Exchange Commission (SEC).
Commenting on the rating, managing director/CEO Emmanuel Akehomen said: “This BBB+ rating from DataPro validates our governance, liquidity and operational resilience. For our clients, it serves as an independent assurance of our stability and capacity for sustainable growth.”
He added that the company would continue to focus on risk management and its investment strategy.
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