Foremost Capital Limited has secured a BBB+ investment rating from DataPro, with the rating agency citing the asset management company’s financial strength, liquidity position, capitalisation, profitability and improving asset base.

The rating, which carries a stable outlook, comes less than two years after the company commenced operations and provides an independent assessment of its capacity to meet financial obligations and manage clients’ investments, according to the company.

DataPro also noted the company’s growth in assets under management (AUM), which increased by 250 per cent between July and December 2025.

The rating agency’s assessment also covered Foremost Capital’s revenue generation and capacity to generate sustainable earnings, as well as its governance, risk management, internal controls and compliance structures.

The company said the BBB+ rating reinforced its position as a Securities and Exchange Commission (SEC)-licensed participant in the Nigerian capital market and reflected improvements in its overall financial and operational position.

Commenting on the rating, the Managing Director/Chief Executive Officer of Foremost Capital, Emmanuel Akehomen, said the assessment validated the company’s governance framework, liquidity and operational resilience.

“This BBB+ rating from DataPro is a significant milestone, validating our robust governance, liquidity and operational resilience. For our clients, it serves as an independent assurance of our stability and capacity for sustainable growth,” he said.

Akehomen said the company would use the stronger market standing to pursue larger mandates and improve portfolio performance, while maintaining disciplined risk management and developing investment strategies aimed at delivering long-term value to investors.