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November 9, 2026
The Industry
Appointment

FirstCap Limited named capital markets architect of the year at the BAFI 2025 Awards

FirstCap Limited, a subsidiary of First HoldCo Plc., and a prominent investment banking firm, has been honored with the prestigious Capital Markets Architect of the Year award at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

The ceremony, which took place recently in Lagos, recognized excellence and innovation within Nigeria’s financial services sector.

This prestigious recognition affirms the organisations’ crucial role in shaping Nigeria’s capital markets by developing innovative investment products and financing structures that enhance market efficiency and promote sustainable economic growth.

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Ukandu E. Ukandu, Managing Director and Chief Executive Officer of FirstCap Limited, expressed his gratitude for the honor, stating, “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.”

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 propelled us to this milestone. We are grateful to BusinessDay Media for this recognition and remain committed to pioneering impactful innovations that will continue to strengthen Nigeria’s financial ecosystem.

Photo Caption L-R: Head, Capital Markets, FirstCap Ltd; Oluseun Olatidoye, and, Publisher/CEO BusinessDay Media Ltd, Frank Aigbogun at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards held in Lagos

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