CardinalStone Partners, Nigeria's leading independent investment banking and multi-asset management firm, has claimed two prestigious awards at the 2026 Euromoney Awards for Excellence in London. The firm won Nigeria's best investment bank for mergers and acquisitions and Nigeria's best for capital markets advisory.
The Euromoney Awards for Excellence rank among the world's most respected measures of banking excellence. They honour institutions demonstrating outstanding performance, innovation and client service across global markets.
CardinalStone's twin victory underscores its strong performance in advising on major mergers, acquisitions and capital market deals. The wins reinforce the firm's standing as a trusted adviser to corporations, financial institutions, investors and government entities.
Michael Nzewi, group managing director of CardinalStone Partners, said the awards validate the firm's dedication to delivering results for clients. "These honours reflect the trust our clients place in us, the expertise within our teams, and our focus on providing innovative, insight-driven financial advisory solutions," he said at the London ceremony.
Nzewi added that the firm remains committed to helping clients seize opportunities and achieve their strategic goals despite a shifting business landscape.
The recognition caps a strong year for CardinalStone, which advised on several transformative transactions across mergers, acquisitions, debt and equity capital markets. The firm served as lead financial adviser and lead issuing house on the ₦501 billion NBET-sponsored Power Sector Bond Issue, a landmark infrastructure financing deal.
CardinalStone also acted as exclusive financial adviser to Africa Capital Alliance on its ₦387.4 billion divestment of its entire 15.92% stake in Aradel Holdings PLC. These mandates have supported capital formation and business transformation while developing Nigeria's financial markets.
As one of Nigeria's foremost independent investment banking institutions, CardinalStone has built its reputation on deep market expertise and a client-centric approach. The firm executes complex transactions across diverse economic sectors.
CardinalStone's integrated platform spans investment banking, asset management, securities trading, trusteeship, registrar services, finance and pensions. This breadth enables the firm to deliver customised solutions tailored to client needs.
Winning both awards in a single year further cements CardinalStone's position as a leading adviser on Nigeria's most significant corporate finance and capital market transactions. The double honour reflects the firm's commitment to excellence and long-term value creation for stakeholders.
