Why firms sustained mergers, acquisitions, by issuing houses

The Association of Issuing Houses of Nigeria has said the resilience of Nigerian companies helped them to sustain mergers, acquisitions and debt issuances in the face of economic challenges.

Speaking during the AIHN’s annual Investment Banking Awards in Lagos,  President, Association of Issuing Houses of Nigeria (AIHN) , ‘Kemi Awodei noted that the tough economic  conditions, did not deter companies from playing big in the financial markets.

She said the award ceremony was opportunity for AIHN members to celebrate excellence within Nigeria’s capital market ecosystem while also unveiling the Association’s new executive committee members.

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

Awodei, said the awards reflect the resilience of the Nigerian economy despite notable challenges in 2024.

“Despite the headwinds we saw in 2024, companies still raised capital, sought partners for M&A transactions, and issued debts.