Foremost Capital Achieves BBB+ Rating from DataPro

Foremost Capital Limited has secured a BBB+ credit rating from DataPro, an independent Nigerian credit-rating and compliance consulting firm. This rating underscores the asset manager's strengthening financial position and operational capacity, occurring less than two years after its inception.

The BBB+ rating places Foremost Capital among investment-grade companies and provides an evaluation of its financial strength, liquidity, capitalization, profitability, and overall operating position. DataPro's assessment noted a 250% increase in the company's assets under management between July and December 2025, reflecting significant growth.

The rating comes with a stable outlook, indicating potential for further improvement and stronger revenue generation. Emmanuel Akehomen, managing director and CEO of Foremost Capital, described the rating as a significant milestone, affirming the company's governance and operational resilience.

He stated the company aims to leverage its improved market standing to pursue larger mandates and enhance portfolio performance while committing to disciplined risk management and innovative investment strategies.