CardinalStone wins two 2026 Euromoney Awards for Nigeria's top investment banking and capital markets advisory
CardinalStone Partners won Nigeria's Best Investment Bank for M&A and Nigeria's Best for Capital Markets Advisory at the 2026 Euromoney Awards for Excellence in London. The awards recognize the firm's work on major Nigerian transactions including advising on the ₦501 billion NBET Power Sector Bond Issue as Lead Financial Adviser and Lead Issuing House, and serving as exclusive financial adviser to Africa Capital Alliance on its ₦387.4 billion divestment of its stake in Aradel Holdings PLC.
This matters because it signals global recognition of Nigeria's financial sector capabilities, boosting investor confidence in local institutions. CardinalStone's track record of over ₦7 trillion in advised transactions and four consecutive years as the Nigerian Exchange's top securities firm by value (2022-2025) shows local firms can compete internationally while handling projects that directly impact national infrastructure and capital markets.
The firm's success in handling transformative deals like the power sector bond—which funds critical energy infrastructure—means their expertise contributes to tangible economic development. Their client-centric approach and ability to execute complex transactions across sectors make them a go-to adviser for major corporate and government-related financial decisions in Nigeria.
With Nigerian financial institutions gaining global recognition, how might this influence your decisions when choosing financial advisors for business ventures or investments?