The Association of Issuing Houses of Nigeria (AIHN) has credited the resilience of Nigerian companies for their ability to sustain mergers, acquisitions (M&A), and debt issuances despite challenging economic conditions.

Speaking at the AIHN Annual Investment Banking Awards in Lagos, AIHN President Kemi Awodei noted that the tough financial environment did not stop companies from actively participating in the capital markets. She described the awards ceremony as an opportunity to celebrate excellence within Nigeria’s capital market ecosystem and to unveil the Association’s new executive committee members.

The annual event brought together leading issuing houses, investment banking professionals, regulators, and policymakers to review the year’s activities, recognize outstanding performance, and reinforce the industry’s commitment to innovation, professionalism, and value creation.

Awodei emphasized that the awards highlight the resilience of the Nigerian economy, pointing out that even amid economic headwinds in 2024, companies continued to raise capital, pursue M&A deals, and issue debt instruments.