Banking & Finance

Chapel Hill Denham Wins Nigeria’s Best Investment Bank at 2025 Euromoney Awards

Published by
Jeremiah Ayegbusi

Chapel Hill Denham has once again been named Nigeria’s Best Investment Bank by the prestigious Euromoney Awards for Excellence 2025, marking its fourth consecutive win and tenth overall recognition.

Announced at a high-profile award ceremony in London on July 17, the win reaffirms the firm’s dominant role in shaping Nigeria’s investment banking and capital markets landscape.

This 2025 triumph adds to its previous wins in 2012, 2013, 2015, 2016, 2017, 2019, 2022, 2023, and 2024, cementing its legacy as Nigeria’s most decorated investment advisory firm.

CEO Bolaji Balogun said, “We are honoured to be recognised once again as Nigeria’s Best Investment Bank. This award is a testament to the trust our clients place in us and the relentless dedication of our team. In a year shaped by macroeconomic uncertainty and ambitious regulatory reforms, Chapel Hill Denham continued to serve with innovation, resilience, and impact. This recognition reflects our enduring commitment to excellence and to delivering results that shape Nigeria’s financial markets and economic future.”

One of the firm’s standout achievements this year was advising Guaranty Trust Holding Company (GTCO) on its $105 million equity offering, landmark listing on the Main Market of the London Stock Exchange, and the Cancellation of its GDRs. GTCO issued 2.29 billion new ordinary shares in US dollars at the reference price of N70.00/share (US$0.0459)

Bolaji Balogun, CEO of Chapel Hill Denham, said “We are proud to have supported GTCO on their successful capital raise, LSE listing, and cancellation of their GDRs. The transaction is reflective of investor confidence in GTCO’s strategy and equity story. We are grateful to the management of Guaranty Trust Holding Company Plc for entrusting us with this important mandate.”

Chapel Hill Denham also acted as financial adviser to the Federal Government of Nigeria on its ₦50 billion Series III Sovereign Green Bond.

Oversubscribed by 183% and attracting ₦91.42 billion in bids, the issuance was hailed as a milestone in Nigeria’s sustainable finance journey.

Commenting on the transaction, DMO Director-General Patience Oniha said the overwhelming interest “demonstrates growing confidence in Nigeria’s commitment to sustainable financing.”

The offering drew a wide array of investors, including pension funds, insurers, asset managers, corporates, and individuals, underlining the broad appeal of ESG investment opportunities in Nigeria.

Balogun described the deal as a “clear signal of confidence in Nigeria’s sustainability agenda” and noted the firm’s pride in supporting Nigeria’s climate-aligned development.

The bond follows Chapel Hill Denham’s lead roles in Nigeria’s inaugural Green Bond in 2017 and its 2019 successor, confirming the firm’s pioneering role in green finance.

With top-tier deal execution, a strong ESG focus, and consistent client trust, Chapel Hill Denham remains a powerhouse in African capital markets.

As global interest in frontier markets and sustainable finance grows, the firm is poised to lead Nigeria’s transition into a new era of investment excellence.

Jeremiah Ayegbusi

Jeremiah Ayegbusi is an economist and former Academic Officer of the Nigerian Economic Students Association, Redeemer's University Chapter (NESARUN). He analyzes economic news and conducts research for long-form analysis, leveraging his strong academic foundation and passion for insights.

Recent Posts

Naira Rate Converges at 1,535/$ in Both Official and Black Markets, Ahead of CBN’s MPC meeting

The naira on Friday traded at N1,535 to the dollar in both the official and… Read More

15 minutes ago

BUA Cement Leads Market Rally as NGX Volume Surges by 180%

The Nigerian stock market gained ground on Thursday, July 18, 2025, with BUA Cement leading… Read More

2 hours ago

Over 1 Billion Units of Fidelity Bank Shares Traded in Off-Market Transaction Sparking Market Interest

A total of 1,140,866,892 units of Fidelity Bank Plc shares were traded in nine negotiated… Read More

4 hours ago

How to Apply For Germany Freelancer, Self Employed Visa

Germany has quietly become one of the most attractive countries for freelancers and digital nomads… Read More

5 hours ago

Tinubu Launches N150 Billion South-East Investment Company to Boost Industrialisation, Attract Private Capital

President Bola Ahmed Tinubu has approved the establishment of the South-East Investment Company (SEIC), a… Read More

7 hours ago

Burkina Faso’s Traoré Dissolves Electoral Commission, Labels It a Waste of Money

Burkina Faso's military junta, led by Captain Ibrahim Traoré, has disbanded the country's electoral commission,… Read More

7 hours ago