FCMB Capital Markets Tops FMDQ 2025 Fixed Income League

FCMB Capital Markets Limited, the investment banking subsidiary of FCMB Group Plc, has been ranked first in the FMDQ Securities Exchange 2025 Fixed Income League. The achievement highlights the firm’s dominant role in the Nigerian debt capital market and its ability to structure high-value transactions for corporate and sovereign issuers throughout the previous financial year.

According to the latest data released by FMDQ, FCMB Capital Markets facilitated the highest volume of commercial paper issuances and corporate bonds, surpassing several competing Tier-1 investment banks. The league table, which measures performance based on the total value and number of securities listed or quoted on the exchange, recognized the firm for its excellence in advisory services, market penetration, and commitment to transparency in the fixed-income space.

The 2025 financial year saw a surge in activity within the Nigerian debt market as corporations sought alternative funding sources amidst fluctuating interest rates and the Central Bank of Nigeria's recapitalization directives for the banking sector. FCMB Capital Markets successfully managed several landmark deals, including multi-billion naira infrastructure bonds and green finance initiatives. 

The leadership of FCMB Group expressed satisfaction with the ranking, stating that it reinforces their position as a preferred partner for capital raising in Africa’s largest economy. Analysts expect the firm to maintain its momentum in 2026 as more companies look toward the fixed-income market to bridge funding gaps for expansion and sustainability projects. The FMDQ league table remains a primary benchmark for assessing the strength and reliability of financial institutions participating in Nigeria’s organized securities markets.