Transcorp, DMO, Others Win NGX Made Of Africa Awards

Transnational Corporation (Transcorp) Plc, the Debt Management Office (DMO), CardinalStone, Chapel Hill Denham and MTN Nigeria Communications (MTNN) were among the recipients at the 2025 Made of Africa Awards.

The award hosted by Nigerian Exchange Group recognises institutions driving performance across Nigeria’s capital markets.

The awards honour brokers, issuing houses, trustees, fund managers, listed companies and other market participants for excellence in value delivery, compliance and market impact.

Group chairman of NGX Group, Umaru Kwairanga, said the awards underscore the role of market stakeholders in strengthening investor confidence and improving market standards.

“Their achievements set a benchmark for performance, integrity and innovation across the capital market,” he said.

He added that sustaining this level of discipline and transparency is essential to maintaining the trust of both domestic and international investors in Nigeria’s financial markets,” he said.

Group managing director and chief executive officer, Temi Popoola, emphasised the importance of collaboration and operational efficiency stating “operational efficiency and cooperation across the ecosystem are increasingly important as trading activity diversifies and investor expectations continue to rise.”

The executive commissioner, Operations, Securities and Exchange Commission (SEC), Bola Ajomale said the awards underscore the value of compliance and transparency in market development.

“Recognition through the Made of Africa Awards reinforces the importance of adherence to market rules and standards.

When operators demonstrate accountability and professionalism, it strengthens investor confidence, ensures market integrity, and supports sustainable growth across Nigeria’s financial markets,” he said.

Chief executive officer of Nigerian Exchange Limited, Jude Chiemeka, said recognising strong performance across the ecosystem supports deeper market participation and long term capital mobilisation.

Among the recipients, First Trustees Limited won Best Trustees in Terms of Deal Value, while Legend Internet Plc received the Market Debut Excellence award.

CardinalStone Securities emerged as Equity Trader of the Year and Broker of the Year, Capital Express Securities won ETPs Trader of the Year, and Stanbic IBTC Stockbrokers was named Fixed Income Trader of the Year.

Chapel Hill Denham received awards for Fund Manager with the Largest Listed Fund Size and Market Operator with the Highest Value of Foreign Portfolio Investment Transactions.

Special recognition went to the Debt Management Office for fixed income market development and to the Capital Markets Correspondence Association of Nigeria for capital market reporting, while Lambeth Capital/Bamboo Systems Technology were recognised for onboarding the highest number of new retail investor accounts.

The awards come as NGX Group continues efforts to broaden market participation and deepen liquidity across equity and fixed income segments.