Foremost Capital Secures Investment Grade Rating of BBB+

Foremost Capital Limited has achieved a significant milestone, securing an Investment Grade rating of BBB+ from DataPro, a prominent Nigerian credit rating agency. This assessment marks a major accomplishment for the company, which has been operating for less than two years.

The BBB+ rating serves as an independent validation of Foremost Capital's robust financial and operational standards. It signals to clients, investors, counterparties, regulators, and the broader market that the company's management is dedicated to maintaining world-class standards across all facets of its business operations. DataPro's evaluation specifically underscores the company's financial strength, strong liquidity position, and its capacity to meet financial obligations while effectively managing client investment activities.

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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.

Furthermore, the rating reflects improvements in Foremost Capital's capitalization, profitability, asset base, and overall financial standing. The company has demonstrated impressive growth, with assets under management increasing by 250% between July and December 2025. This substantial growth indicates its expanding presence and capability within the investment management industry, alongside a stable outlook and positive potential for continued enhancement.

Emmanuel Akehomen, the Managing Director/CEO of Foremost Capital, commented on the achievement: "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." He added, "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."

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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