Foremost Capital secures BBB+ credit rating from DataPro

Foremost Capital Ltd. has been assigned a BBB+ credit rating with a stable outlook by DataPro, an independent Nigerian credit-rating and compliance consulting firm. The rating recognizes the asset management company’s financial strength, liquidity, capitalization, and profitability.

DataPro’s assessment highlighted the firm’s rapid growth, noting that its assets under management (AUM) increased by 250 percent between July and December 2025. The evaluation also considered the company’s revenue generation, corporate governance, risk management frameworks, and internal compliance systems.

Emmanuel Akehomen, Managing Director and CEO of Foremost Capital, stated that the rating validates the company’s operational resilience and governance. The firm, which is licensed by the Securities and Exchange Commission, intends to use this improved market standing to pursue larger mandates and enhance investment performance within the Nigerian capital market.