Coronation Merchant Bank has been named Nigeria’s Best Sales and Trading Team at the Euromoney Markets Awards 2026, recognising the energy of its Global Markets & Treasury franchise and its contribution to Nigeria’s monetary markets.
The award recognises the Bank’s work in delivering fastened revenue market options, together with Eurobonds, bonds and Treasury Bills, to institutional purchasers corresponding to brokers, pension fund directors (PFAs), asset managers and monetary establishments, offering market entry, liquidity and environment friendly execution.
In 2025, the Bank broke into the highest 10, and January 2026 broke into the highest 3 on the general FMDQ fastened revenue league desk, whereas retaining the No. 1 rating in each Bonds and Treasury Bills buying and selling. The group delivered a 140.6% year-on-year improve in buying and selling volumes and 65.81% progress in annual revenue. Active institutional purchasers grew from 43 at the top of H1 2025 to 50 by year-end, and the share of orders assembly shopper benchmarks rose from 90% to 95%. On-time and correct processing improved from 89% to 96%.
When buying and selling volumes declined throughout the business, the group surveyed competitor pricing, liquidity patterns and shopper behaviour. The findings knowledgeable a refined pricing framework, stronger execution assist and deeper relationship administration.
Execution and controls underpin this efficiency. All fastened revenue transactions have been executed by way of Bloomberg and regulated by means of the FMDQ platform. Settlements have been independently verified in opposition to FMDQ information earlier than posting to shopper accounts, and steady reconciliations saved shopper information aligned with market positions. Close collaboration amongst Treasury Sales, Trading, Treasury Operations, Compliance and Reconciliation groups supported these controls.
Commenting on the popularity, Obeahon Ohiwerei, MD/CEO, Coronation Merchant Bank, mentioned: “This recognition from Euromoney is a testament to the strength of our Global Markets & Treasury franchise, the trust our clients place in us, and the dedication of our people. Over the past year, we have remained focused on delivering exceptional execution, deep market expertise and innovative solutions that help clients navigate evolving market conditions. Our progress on the FMDQ league tables and the growth in client activity demonstrate the effectiveness of this approach. We are proud of what the team has achieved and remain committed to supporting the development and efficiency of Nigeria’s financial markets.”
Ronald Nwaezeapu, Divisional Head, Global Markets & Treasury, added: “This award reflects the team’s relentless focus on client outcomes, execution excellence and continuous improvement. In a challenging market environment, we strengthened our pricing framework, deepened engagement with clients and invested in technology that enhanced speed, efficiency and scalability across our operations. These initiatives enabled us to deliver greater value to clients while maintaining strong controls and operational discipline. We are grateful for the confidence our clients continue to place in us and will remain focused on providing best-in-class fixed income market solutions.”
The award follows Euromoney’s complete evaluation course of, which included written submissions, market analysis, interviews with market members and unbiased evaluation.
The Euromoney Markets Awards 2026 ceremony was held on 15 October 2026 at the Mandarin Oriental Hyde Park in London. Coronation Merchant Bank was represented by Obeahon Ohiwerei, MD/CEO, and Ronald Nwaezeapu, Divisional Head, Global Markets & Treasury.
Euromoney’s Markets Awards recognise establishments and groups demonstrating excellence throughout the monetary markets, primarily based on analysis and evaluation of their efficiency and standing inside their respective markets.
About Coronation Merchant Bank Limited
Coronation Merchant Bank was established in 2015 to offer wholesale banking to a long-underserved market. The Bank presents Corporate & Investment Banking, Private Banking/Wealth Management and Global Markets/Treasury Services to its area of interest clientele. It is the primary and solely service provider financial institution in Nigeria with a global threat ranking (B- from Fitch). It presently has two branches in Abuja and Port Harcourt with its Head Office in Lagos, Nigeria.
The Bank has been the recipient of quite a few worldwide and nationwide awards, together with Best Investment Bank in Nigeria at the Euromoney Awards for Excellence (2026); Best Investment Bank in Nigeria by Global Finance; Best Investment Bank in Nigeria by World Finance (2018, 2019, 2020, 2022, 2023 and 2025); Best Investment Bank in Nigeria at the Global Banking & Finance Awards (2019, 2020 and 2022); Best Investment Bank in Nigeria by Global Business Outlook (2018 and 2022); Best Investment Bank in Nigeria at the International Finance Awards (2018); and Best Investment Bank in Nigeria at the BusinessDay Banking and Financial Institution Awards (2018, 2019 and 2022).
