Transcorp DMO MTN Nigeria win big at NGX awards
In a celebration of outstanding performance and value creation within Nigeria’s capital markets, Transcorp, the Debt Management Office (DMO), and MTN Nigeria Communications Plc emerged as among the top winners at the 2025 Nigerian Exchange Group (NGX) Made of Africa Awards. The event, hosted by the Nigerian Exchange Group, recognised leading firms and institutions that have delivered strong results, upheld high standards of compliance, and contributed significantly to market depth and investor confidence. 
The Transcorp, DMO, MTN Nigeria win big at NGX awards headline reflects a broader story about resilience and leadership in Nigeria’s capital market ecosystem. Stakeholders gathered to honour excellence across different segments of the market, from equity and fixed income trading to compliance and corporate governance, underscoring the role of Nigerian firms in driving financial sector growth, Transcorp DMO MTN Nigeria win big at NGX awards.
Celebrating Market Leadership and Performance
The Made of Africa Awards were conceived to spotlight outstanding performance, integrity, and innovation in the Nigerian capital market. The platform recognises brokers, trustees, issuing houses, fund managers, regulators and listed companies that demonstrate exceptional contribution to market development and investor trust.
Among the key awardees, Transnational Corporation Plc (Transcorp) received an honour for its capital market excellence in equity, a distinction that recognises its strong performance as a listed company and its ability to deliver sustained value to shareholders and market participants. Transcorp’s success at the NGX awards underscores its strategic role in the Nigerian business landscape, especially through its diversified holdings spanning energy, hospitality and power sectors. 
The Debt Management Office (DMO) was recognised with special recognition for fixed income market development, an award highlighting its role in strengthening Nigeria’s debt capital markets. The DMO’s work in issuing government securities and managing public debt instruments has deepened the fixed income segment and provided opportunities for investors seeking stable returns. 
MTN Nigeria Communications Plc, one of the nation’s largest telecommunications companies and a significant player on the NGX, was another distinguished winner. Its recognition reflects a continuing commitment to operational transparency, regulatory compliance and consistent financial performance, traits that have earned it repeated honours in past editions of the NGX Made of Africa Awards. 
A Broader Recognition of Market Achievers
The awards did not stop with Transcorp, the DMO and MTN Nigeria. Market leaders across different segments were celebrated. CardinalStone Securities Ltd was recognised as Equity Trader of the Year and Broker of the Year, reflecting strong performance in equity markets. Capital Express Securities took ETPs Trader of the Year, while Stanbic IBTC Stockbrokers was named Fixed Income Trader of the Year. 
Chapel Hill Denham, a leading investment bank and fund manager, received accolades for having the largest listed fund size and being a leading market operator in foreign portfolio investment transactions. Meanwhile, Mainstreet Capital and APT Securities & Funds were jointly recognised as Issuing Houses with the highest number of primary market equity transactions, highlighting the vibrant primary market activity. 
Other notable winners included First Trustees Limited for trusteeship excellence and Legend Internet Plc for market debut excellence, illustrating the vibrant mix of legacy firms and emerging players in Nigeria’s capital markets, Transcorp DMO MTN Nigeria win big at NGX awards.
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What the NGX Awards Mean for the Market
The Transcorp, DMO, MTN Nigeria win big at NGX awards narrative is about more than trophies and plaques. It signals sustained investor confidence, corporate resilience and ongoing maturation of Nigeria’s capital markets. The NGX Made of Africa Awards, which have evolved since their inception as the NSE CEO Awards, aim to elevate market standards, encourage best practices and reward organisations that contribute to sustainable growth. 
Speaking at the ceremony, the Group Chairman of NGX Group, Umaru Kwairanga, said the awards highlight the indispensable role of stakeholders in strengthening investor confidence and improving market standards. He noted that achievements recognised at the event set benchmarks for performance, integrity and innovation across the capital market. 
Temi Popoola, Group Managing Director and Chief Executive Officer, emphasised that collaboration and operational efficiency are essential as trading activity diversifies and investor expectations continue to rise. This industry-wide cooperation, he said, has helped broaden market participation and deepen liquidity across both equity and fixed income segments, Transcorp DMO MTN Nigeria win big at NGX awards.
Regulatory Perspective and Long-term Goals
From a regulatory standpoint, officials also used the platform to underscore the importance of adherence to market rules and transparency. The Executive Commissioner for Operations at the Securities and Exchange Commission, Bola Ajomale, remarked that recognition through the awards reinforces the value of compliance and transparent practices in market development, factors that ultimately bolster investor trust and support sustainable economic growth. 
The NGX awards also reflect the broader strategy of the Nigerian Exchange Group to position the capital market as a dynamic platform for capital formation, attracting both domestic and international investors. By spotlighting excellence and celebrating high performers, the NGX reinforces the case for increased market participation and deeper engagement from institutional and retail investors alike. 
Looking Forward
With the capital market continuing to evolve, the Transcorp, DMO, MTN Nigeria win big at NGX awards story highlights a series of strategic achievements and progressive trends. Inside and outside the regulatory sphere, these accolades are seen as encouraging signals that the Nigerian capital markets remain robust, increasingly compliant, and capable of offering diverse investment opportunities,Transcorp DMO MTN Nigeria win big at NGX awards.
For investors, companies, and market watchers, the awards provide a snapshot of the market’s leaders, shining a spotlight on those setting standards in performance, governance, and responsible growth. As the NGX continues its efforts to deepen liquidity and broaden participation, future editions of the Made of Africa Awards are likely to chart new milestones in Nigeria’s financial markets. 
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Transcorp DMO MTN Nigeria win big at NGX awards.
