FMDQ celebrates innovation, resilience in financial markets
FMDQ Group Plc has commemorated the 8th edition of its prestigious GOLD Awards, continuing its long-standing tradition of recognising excellence in the Nigerian financial markets.
According to a statement on Monday, the awards are held annually to acknowledge market participants who have played a pivotal role in fostering the growth and development of FMDQ’s markets.
The 2025 edition recognised stakeholders whose contributions advanced FMDQ’s markets between October 2024 and September 2025. Winners were celebrated through FMDQ’s website, social media platforms, and other select media outlets.
It said this year’s awards reaffirm FMDQ Group’s commitment to honouring stakeholders across its financial market infrastructure value chain, including the Exchange, Central Counterparty, Depository, and Private Markets.
Their participation has significantly shaped the markets and contributed to the development of the Nigerian economy.
Since its inception in 2018, the FMDQ GOLD Awards have become one of Nigeria’s most anticipated annual financial market events, uniting participants in a shared spirit of excellence while fostering collaboration and celebrating outstanding achievements.
Commenting on the awards, Group Chairman, FMDQ Group Plc, Dr Jibril Aku, stated: “The 2025 FMDQ GOLD Awards are not just a recognition of excellence; they showcase the resilience of our markets and the innovation of our stakeholders.
“Despite changing economic conditions, market participants have consistently demonstrated adaptability and impact – showing that Nigeria’s financial markets can drive sustainable transformation and progress.”
In her congratulatory message, Group Chief Operating Officer, FMDQ Group Plc, Tumi Sekoni, stated, “This year’s edition, presented through a special publication, continues FMDQ’s proud tradition of honouring the outstanding contributions of market participants and stakeholders, whose dedication continues to drive growth, enhance transparency, and build greater resilience across our markets and industry.”
In alignment with its governance principles and commitment to credibility, the prestigious 2025 FMDQ GOLD Awards were presented following a rigorous verification process conducted by Ernst & Young, ensuring the integrity of the Awards’ process and outcomes. The GOLD Awards comprise five broad categories: FMDQ Primary Market Awards, FMDQ Secondary Market Awards, FMDQ Members’ & Clients’ Choice Awards, FMDQ Leadership Award, and FMDQ Recognition Award.
A total of twenty-five awards were presented, with two subsidiaries of the Stanbic IBTC Group—Stanbic IBTC Capital Limited and Stanbic IBTC Bank Limited—recognised as winners of the Primary Market Champion Award (FMDQ Capital Markets Securities Origination) and the Secondary Market Champion Award (FMDQ Dealing Member of the Year), respectively.
While the Primary and Secondary Markets Awards are data-driven, the FMDQ Members’ & Clients’ Choice Awards provide the opportunity for Members and Clients of FMDQ Securities Exchange Limited to nominate and vote for active participants across the fixed income and currencies markets.
The Leadership Award (FMDQ Capital Market Catalyst), in recognition of an entity’s potential to significantly impact the Nigerian capital markets, facilitate access to capital, value transfer, and deliver effective and efficient risk management, was presented to the Federal Government of Nigeria, represented by the Securities and Exchange Commission for the launch of the Investments & Securities Act 2025 which marks a landmark reform for the Nigerian capital markets. This will strengthen regulatory oversight, foster investor confidence, and align market practices with global standards to drive capital formation.
The award for Financial Services Regulator Market Transformation Initiative was given to the National Pension Commission (“PenCom”) for the PenCom Reform Programme. This programme has repositioned the Nigerian pension industry for greater resilience, transparency, and market impact.
Through the release of this year’s Awards edition, FMDQ Group reinforces its mission to build robust and globally competitive financial markets that serve as catalysts for economic development and national prosperity.
Guided by its GOLD Agenda, the group remains steadfast in promoting initiatives that foster transparency, inclusivity, and innovation across Nigeria’s financial landscape. Full details and highlights of the 2025 FMDQ GOLD Awards are available on the FMDQ website and shared across the Group’s media channels.
FMDQ Group is Africa’s first fully integrated financial market infrastructure group. It offers a wide range of services for financial markets, including registration, listing, trading, clearing, settlement, and custody of securities, as well as data and information services. These services cover debt, derivatives, and equity markets through its subsidiaries: FMDQ Securities Exchange Limited, FMDQ Clear Limited, FMDQ Depository Limited, and FMDQ Private Markets Limited.
