FBNQuest Merchant Bank, a leading investment and wealth management institution, has been named ‘Strategic Growth Champion of the Year’ at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, reaffirming its reputation as a driving force in Nigeria’s financial sector.
The award recognises the bank’s outstanding contribution to Nigeria’s economic growth through strategic advisory, innovative capital solutions, and transformative transactions that continue to shape key industries including infrastructure, energy, and manufacturing.
The BAFI Awards are widely regarded as one of Nigeria’s most credible benchmarks for excellence in the financial sector. Known for its data-driven evaluation process, the platform celebrates institutions that demonstrate financial resilience, strategic innovation, and measurable impact on national development.
“We are proud to be recognised as a Strategic Growth Champion,” said Afolabi Olorode, Acting Managing Director/CEO of FBNQuest Merchant Bank. “This award reflects our unwavering commitment to delivering value-driven solutions, empowering our clients, and contributing meaningfully to Nigeria’s economic advancement.”
Driving Strategic Growth and Innovation
FBNQuest Merchant Bank’s recognition was driven by its consistent performance across several key areas:
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Financial Excellence: The bank has maintained strong profitability, robust capital adequacy, and superior shareholder returns, underpinned by disciplined risk management and sound corporate governance.
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Transformative Transactions: Through landmark deals across capital markets and project finance, FBNQuest has mobilised billions of naira to power investments in infrastructure, energy, telecommunications, and manufacturing.
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Innovation Leadership: The bank continues to pioneer bespoke structured finance and wealth management solutions, leveraging technology to enhance client experience and set new industry standards.
Championing Sustainable Economic Growth
Beyond financial performance, FBNQuest Merchant Bank remains committed to advancing Nigeria’s development agenda. The bank actively supports capital mobilisation for national infrastructure projects, government diversification programmes, and private-sector investments that create jobs and promote inclusive growth.
“This recognition is a springboard for our next phase of strategic evolution,” added Olorode. “We are deepening our sector expertise, expanding our digital capabilities, and reinforcing our leadership in sustainable finance, particularly in renewable energy and infrastructure.”
With this latest accolade, FBNQuest Merchant Bank strengthens its position as a trusted growth partner and key enabler of Nigeria’s sustainable economic transformation.

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