RMB Nigeria has secured two honours at the 2026 BusinessDay Bank and Other Financial Institutions (BAFI) Awards, profitable Merchant Bank of the Year for the eighth time and Deal Advisory Excellence of the Year.
The eighth Merchant Bank of the Year award marks a major milestone for RMB Nigeria and underscores the financial institution’s constant efficiency, progressive strategy and strategic management throughout Nigeria’s company and institutional market. The Deal Advisory Excellence award additional recognises the depth of the financial institution’s sector experience, market perception and execution capabilities in supporting purchasers by way of complicated transactions and important strategic choices.
Commenting on the awards, Bayo Ajayi, Chief Executive Officer of RMB Nigeria, mentioned:
“These awards replicate the energy of our consumer partnerships and the consistency with which we ship on our commitments. Being named Merchant Bank of the Year for the eighth time is a major achievement, and one we share with the purchasers who proceed to belief us with their most necessary monetary and strategic choices.’’
“We remain focused on combining deep market understanding, innovative thinking and the strength of the RMB network to help our clients navigate complexity, unlock opportunities and pursue sustainable growth.”
Speaking on the Deal Advisory Excellence award, Chidi Iwuchukwu, Executive Director and Head of Investment Banking, Broader Africa, RMB Nigeria, mentioned:
“Successful deal advisory goes past structuring and executing transactions. It requires a deep understanding of our purchasers’ ambitions, the sectors by which they function and the market dynamics shaping their choices.’’
“This recognition underscores our commitment to bringing together the right expertise, commercial insight and execution discipline for complex mandates, helping clients navigate critical milestones and achieve their strategic objectives.”
Together, the awards reinforce RMB Nigeria’s place as a trusted associate to company and institutional purchasers, drawing on capabilities throughout funding banking, company and institutional banking, markets and strategic advisory. The twin honours additionally underscore RMB Nigeria’s long-term deal with creating worth for purchasers whereas contributing to the continued improvement of Nigeria’s monetary markets and broader enterprise ecosystem.
In associated information, RMB Nigeria was not too long ago awarded M&A Deal of the Year 2025 by the Association of Issuing Houses of Nigeria (AIHN), recognising its function as unique monetary adviser to Helios Investment Partners on the US$583 million acquisition of Axxela Limited.
By combining deep native experience with the attain and capabilities of the broader FirstRand Group community, RMB Nigeria continues to help purchasers in navigating evolving market situations, executing complicated transactions and pursuing progress alternatives.
About RMB Nigeria
RMB Nigeria Limited, a member of the FirstRand Group, is a number one African Corporate and Investment Bank. RMB Nigeria supplies purchasers with progressive, value-added options throughout advisory, funding, buying and selling, company banking, and principal investing. For extra info, please go to www.rmb.com.ng.
