BUA Cement Plc has won the ‘Most Compliant Listed Company’ award on the Nigerian Exchange Ltd at the ‘2025 Made of Africa Awards’ hosted by the NGX Group in Lagos on Wednesday.

The award recognised the company’s adherence to market rules and corporate governance standards.

The Made of Africa Awards celebrate brokers, issuing houses, trustees, fund managers, listed companies and other market participants for excellence in value delivery, compliance and overall market impact.

Other award recipients included First Trustees Ltd., which won ‘Best Trustee’ in terms of deal value, and Legend Internet Plc, which 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’.

Mainstreet Capital and APT Securities and Funds jointly won ‘Issuing House with the Highest Number of Primary Market Equity Transactions’, while Anchoria Advisory Services led in corporate bond issuances.

Dangote Cement was named ‘Best Issuer in Fixed Income Listings’, while Transnational Corporation Plc was honoured for ‘Capital Market Excellence in Equity’.

Network Capital emerged as the ‘Most Compliant Trading Licence Holder’, United Capital Securities won ‘Best Sponsoring Trading Licence Holder’, while Banwo and Ighodalo were recognised for legal advisory value in capital market transactions.

Special recognition went to the Debt Management Office for its role in the development of the fixed-income market and to the Capital Markets Correspondents Association of Nigeria for capital market reporting.

Lambeth Capital and Bamboo Systems Technology were recognised for onboarding the most new retail investor accounts.

Speaking at the event, the chairman of NGX Group, Umaru Kwairanga, said the awards underscored the vital role of stakeholders in strengthening investor confidence and improving standards across the capital market.

Mr Kwairanga said the achievements of the awardees set benchmarks for performance, integrity and innovation, adding that sustaining discipline and transparency was essential to maintaining the trust of domestic and international investors.

The group managing director of NGX Group, Temi Popoola, noted the importance of collaboration and operational efficiency across the market ecosystem, noting that cooperation among stakeholders was increasingly important as trading activities diversify and investor expectations rise.

Providing a regulatory perspective, the executive commissioner of operations at the Securities and Exchange Commission, Bola Ajomale, said the awards reinforced the importance of compliance and transparency in market development.

The CEO of the Nigerian Exchange Ltd, Jude Chiemeka, said recognising strong performance across the ecosystem would encourage deeper market participation and support long-term capital mobilisation.

(NAN)