Foremost Capital secures investment grade rating of BBB+
MD/CEO Foremost Capital Ltd - Mr Emmanuel Akehomen
Orisemeke Benjamin
DataPro, a leading credit rating agency and compliance consulting firm in Nigeria, has rated Foremost Capital Limited with BBB+ in its assessment of the company’s key performance indices, marking a major feat in its operations in less than two years.
The latest rating of the company, one of Nigeria’s rapidly growing asset management firms, is an important independent recognition of its financial and operational standards, sending signals to clients, investors, counterparties, regulators and the wider market that the management remains fully committed to world-class standards at all levels of its business operations.
Specifically, the DataPro BBB+ rating of the company provides an independent assessment of its financial strength and operating capacity, a strong liquidity position, supporting its ability to meet financial obligations and manage client investment activities, and improvements in the company’s capitalisation, profitability, asset base and overall financial position.
Similarly, with the company’s assets under management growth of 250% from July to December 2025, the rating demonstrates its growing presence and capacity within the investment management industry, a stable outlook and provides a positive indication of the company’s direction and potential for continued improvement.
In addition, this rating by DataPro reflects Foremost Capital’s improving revenue generation and increasing capacity to generate sustainable earnings.
On strong governance and risk management assessment parameters, the BBB+ rating recognized the importance of the company’s governance, risk management, internal control, and compliance structures in supporting sustainable growth.
This is just as the SEC-licensed asset management entity’s rating reinforces its position as a fully compliant participant in Nigeria’s capital market.
Commenting on the company’s latest performance feat, the Managing Director/CEO, Emmanuel Akehomen, said: “This BBB+ rating from DataPro is a significant milestone, validating our robust governance, liquidity and operational resilience. For our clients, it serves as an independent assurance of our stability and capacity for sustainable growth.
“We intend to leverage this strengthened market credibility to attract high-value mandates and optimize portfolio performance.
Moving forward, we remain committed to deepening our market share through disciplined risk management and innovative investment strategies that consistently deliver superior, long-term value for our investors”, the investment expert added.
Investment experts believe that the improved rating of the assets management company by DataPro clearly demonstrates the management’s commitment to quality services delivery to its growing clients driven by best practice standards and its futuristic strategies to ensure a win-win experience for all stakeholders in the nation’s assets management system.
