{
  "id": 2908471,
  "title": "Foremost Capital Secures Investment Grade Rating of BBB+",
  "url": "https://urgent.news/2026/08/24/foremost-capital-secures-investment-grade-rating-of-bbb",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T01:05:00.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/08/24/foremost-capital-secures-investment-grade-rating-of-bbb/"
  },
  "original_language": "en",
  "account": "DataPro, a prominent credit rating agency based in Nigeria, has awarded Foremost Capital Limited with a BBB+ investment grade rating. This significant achievement highlights the company's strong financial and operational standards, reflecting positively on its management's dedication to maintaining top-notch business practices. The rating provides an independent evaluation of Foremost Capital's financial strength, operational capacity, and liquidity, reinforcing its ability to fulfill financial commitments and manage investment activities effectively. Notably, the company has experienced a remarkable 250% growth in assets under management from July to December 2025, further solidifying its presence and capacity within the investment management sector. This growth, coupled with the investment grade rating, indicates a stable outlook for the company and a positive indication of its potential for ongoing improvement. Commenting on the latest accomplishment, the Managing Director/CEO, Emmanuel Akehomen, emphasized the rating as a milestone, affirming the company's robust governance, liquidity, and operational resilience. He expressed confidence in leveraging this enhanced market credibility to attract higher-value mandates and optimize portfolio performance, while emphasizing the company's commitment to expanding its market share through disciplined risk management and innovative investment strategies aimed at delivering superior, long-term value for investors.",
  "summary": "DataPro, a leading credit rating agency and compliance consulting firm in Nigeria, has rated Foremost Capital Limited with BBB+ in its assessment of the company’s key performance indices, marking a",
  "key_points": [
    "Foremost Capital Limited receives BBB+ investment grade rating from DataPro.",
    "Company's assets under management grow 250% from July to December 2025.",
    "CEO Emmanuel Akehomen highlights rating as milestone for growth and value delivery."
  ],
  "editors_take": "The investment grade rating awarded to Foremost Capital Limited signifies a stable outlook for the company, affirming its financial strength, operational capacity, and ability to attract higher-value mandates.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}