FCMB Capital Markets leads FMDQ league table with N1.53trn deals

FCMB Capital Markets Limited, the investment banking arm of FCMB Group Plc, raised N1.53 trillion in corporate debt capital through bond listings and commercial paper quotations on FMDQ Securities Exchange Limited in 2025 and ranked first on the exchange’s Fixed Income Primary Markets Sponsors’ League Table for the year ended December 31, 2025.

The exchange’s report shows FCMB Capital Markets led overall sponsor contributions across the bond listings and commercial paper quotation markets during the year.

In the bond market, the firm accounted for 11.66 percent of total listings for the top spot. In the commercial paper market, FCMB Capital Markets achieved the highest share of quotations at 7.68 percent, outpacing other registration members in that segment.

The exchange reported that 58 registration members participated in listings and 77 in quotations. During the period under review, 47 institutions actively sponsored fixed-income securities listings or quotations, excluding federal government securities.

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“Our ranking reflects the confidence issuers place in our ability to structure and execute capital market transactions,” said Femi Badeji, executive director, Coverage and Investment Banking at FCMB Group Plc. “Mobilising more than N1 trillion in a single year demonstrates the depth of demand for capital market funding and the role we play in connecting issuers with long-term investors.”

Ikechukwu Omeruah, chief executive officer of FCMB Capital Markets Limited, said the firm remains focused on helping corporates access both long-term and short-term funding through the capital markets.

“Achieving this position reflects the work of our team and the trust of our clients. We remain committed to structuring financing solutions that enable businesses to raise capital efficiently while contributing to the continued development of Nigeria’s fixed-income market,” he said.

Over the past five years, FCMB Capital Markets has participated in several debt and equity transactions across sectors, including oil and gas, power, real estate, financial services, consumer goods, and telecommunications. The firm was named Corporate Bond House of the Year by the Association of Issuing Houses of Nigeria at the 2025 Investment Banking Awards.

FCMB Capital Markets advises on debt, equity, project finance, mergers & acquisitions, and restructuring.

Hope Moses-Ashike

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.