Coronation Merchant Bank Named Nigeria's Best Sales and Trading Team at Euromoney Markets Awards 2026

Coronation Merchant Bank has been named Nigeria's Best Sales and Trading Team at the Euromoney Markets Awards 2026, a recognition of its client franchise and execution capabilities across fixed income, currencies and equities in one of Africa's most active domestic markets.

The award, announced with the wider Euromoney Markets Awards results covering achievements in global and regional capital markets, places the merchant bank alongside NGX Group among Nigerian institutions recognised in this year's cycle.

What the award recognises

Sales and trading awards in markets of Nigeria's size typically reflect a combination of factors: depth of institutional client coverage, ability to warehouse and distribute risk in government securities, quality of execution in a market that has seen equities turnover rise sharply, and innovation in products that open access for local and foreign investors.

Coronation has built a franchise spanning investment banking, asset management and securities trading, with a fixed-income desk that has been active in FGN bond and treasury bill markets as the government's domestic borrowing programme expanded.

A market that rewards distribution

Nigeria's capital market has grown quickly — the NGX All Share Index is up more than 59 per cent year to date as of mid-October, and equities turnover has risen by double digits — but liquidity and distribution remain the tests of a trading franchise. Merchant banks that can connect issuers to pension funds, asset managers, foreign portfolio investors and high-net-worth individuals capture a disproportionate share of deal flow.

The Euromoney recognition arrives as the market also navigates a heavy government issuance calendar, with the DMO planning multi-trillion-naira bond and bill offerings through the fourth quarter — a backdrop that rewards desks capable of advising clients through rate volatility.

What it means for the franchise

For Coronation, the award is a marketing asset in pitch meetings with international investors and a retention tool for domestic institutional clients. It also raises expectations: awards create a performance benchmark that subsequent market share, client volumes and product launches will be measured against in next year's cycle.