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RMB Nigeria Wins Merchant Bank of the Year for Eighth Time, Earns Deal Advisory Excellence Honour

RMB Nigeria has won two honours at the 2026 BusinessDay BAFI Awards, securing Merchant Bank of the Year for the eighth time and Deal Advisory Excellence. Read More:…

Aggregated · originally by Punch
24 Oct 2026, 21:52 WAT · 3 min read
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RMB Nigeria Wins Merchant Bank of the Year for Eighth Time, Earns Deal Advisory Excellence Honour

The BusinessDay Bank and Other Financial Institutions (BAFI) Awards is one of Nigeria's long-running industry recognition events, honouring banks and financial institutions across categories such as retail banking, digital innovation, merchant banking and deal advisory based on performance metrics and peer assessment within the sector. Merchant banks like RMB Nigeria operate differently from commercial banks, focusing on wholesale banking, investment banking, asset management and advisory services rather than retail deposits, making awards in this category a marker of standing among corporate and institutional clients rather than the general public.

Coverage from Punch and ThisDay is consistent on the core facts: RMB Nigeria picked up the Merchant Bank of the Year award for an eighth time and also won the Deal Advisory Excellence honour at the 2026 edition of the BAFI Awards. Neither report yet details the specific deals, transactions or criteria that informed the judges' decision, nor who received the awards on RMB's behalf.