Business
Foremost Capital Surpasses N60Bn In Assets Within 6 Months
… To Launch Naira and USD-denominated Mutual Fund Products
Jeph Bisi
Foremost Capital Limited, one of the SEC-licensed asset management companies in the country, has recorded a major feat in its investment drive with its Assets Under Management (AUM) surpassing N60 billion within six months of operations.
The company is offering a diverse range of conventional and Shariah-compliant investment products, including portfolio management, fund management, liquidity optimization, and financial advisory services.
The impressive performance of the innovation-driven investment company, now currently redefining wealth creation for clients across Nigeria and beyond, is coming at a time when many investors are pulling out their funds from other entities.
Speaking on the achievements of the client-focused and futurist company, the Managing Director/CEO, Mr. Emmanuel Akehomen, told journalists at the sidelines of an investment forum held weekend in Abuja that the vision of the Board is to transform Foremost Capital into Africa’s most trusted and innovative asset manager, pioneering the convergence of conventional and ethical Investment solutions to unlock sustainable value for clients.
He explained: “The unparalleled growth recorded in the short span of its operations has continued to solidify the company’s position not as a new entrant, but as a purpose-driven and performance-oriented market player that is determined to be at the forefront of the asset management industry in Nigeria.
“Our company operates with an unwavering commitment to transparency, client success, and strategic transformation, admirable traits that continue to distinguish it in a crowded marketplace.
“Within the first 6 months of operations, we have been able to surpass N60 billion in Assets Under Management, a clear testament to the confidence that investors have demonstrated in the products and services offered by the company”, the investment expert added.
According to Akehomen, Foremost Capital’s strategic mission is to revolutionize the asset management landscape in Nigeria through innovation, discipline, and a client-first philosophy, with a bold vision to bridge the gap between conventional and ethical investments.
On the management’s future plans for the company, he hinted that the company would soon launch some Naira and USD-denominated Mutual Fund products, spanning both conventional and Shariah-compliant structures.
This is even as the investment expert disclosed that to achieve robust investor satisfaction, the mutual funds products would be complemented by the launch of the Foremost Capital App to provide sustainable and competitive risk-adjusted returns and seamless service delivery to its rapidly growing clients.
Business
FG, Investonaire Academy Unveil National Programme to Equip 100,000 Youths with Financial Skills, Digital Wealth Tools
By Joel Ajayi
The Federal Government, in collaboration with Investonaire Academy, has unveiled a nationwide financial literacy and wealth-building programme targeting more than 100,000 young Nigerians. The initiative is designed to equip participants with practical skills in budgeting, saving, investing, asset building, and long-term financial planning, positioning them for sustainable prosperity in a rapidly evolving economy.
Launched on Tuesday in Abuja, the Honourable Minister of Youth Development, Comrade Ayodele Olawande, described financial literacy as a necessary survival tool for young people confronting today’s economic realities.
He noted that the initiative represents the foundation of a broader vision expected to extend beyond Nigeria to other African nations and global markets.
Reaffirming the Federal Government’s commitment to supporting over 4,000 corps members annually, the Minister said the programme will provide platforms, resources, and skills needed for both job creation and employability.
“The young people who understand money — how to save, invest, build assets, and manage risk — are the ones who will lead Nigeria into prosperity,” he said.
A major highlight of the launch was the expansion of the Nigeria Youth Academy, a digital platform offering mentorship, training, and startup support. According to the Minister, more than 200 startups will receive empowerment through the Academy’s e-app platform before the end of the year.
He stressed the need for deeper collaboration with private organisations, innovators, and youth-focused groups, noting that government alone cannot drive youth development. He further encouraged young Nigerians to embrace skills acquisition, innovation, and digital enterprise, saying these remain critical to reducing the desire for migration and increasing self-reliance.
Outlining the Ministry’s long-term commitments, Olawande emphasized three priorities: supporting youth innovation, equipping them with growth tools, and safeguarding millions of Nigerian youths under the Ministry’s mandate.
Speaking at the launch, Sebastien Sicre, Chief Operating Officer of Investonaire Academy, said the programme was crafted to revolutionize the way Nigerian youths learn and apply financial knowledge. He highlighted the Academy’s gamified Learning Management System (LMS), which offers interactive learning tools, community forums, and real-time mentorship to make financial education engaging and accessible.
Complementing the digital platform is a new 200-square-metre physical training centre in Abuja, opposite the NNPC Towers, where in-person workshops and mentorship sessions will take place.
The curriculum covers key global asset classes — including equities, commodities, forex, and indices — ensuring participants gain a broad understanding of financial markets.
Sicre added that with Federal Government backing, the programme seeks to unlock new opportunities, strengthen youth participation in the digital economy, and reward outstanding participants through a $1 million funding pool to support new and existing ventures.
International Programme Director of Investonaire Academy, Dr. Enefola Odiba, explained that the initiative aims to bridge long-standing gaps in financial education among Nigerian youths. While schools teach many subjects, he said, essential financial skills are often missing.
“Many people can earn money — earning money can be easy. The real challenge is retaining, managing, and growing that money,” he noted.
Referencing the Central Bank of Nigeria’s definition of financial literacy, Odiba stated that implementation remains a major national challenge. He said the initiative brings together government agencies, youth groups, academic institutions, and private-sector partners to translate strategy into measurable impact.
The programme’s curriculum covers budgeting, saving, investing, and financial planning — areas where many young people struggle. By offering practical training, real-world insights, and guided mentorship, the initiative aims to build a generation of financially empowered youth capable of driving innovation, entrepreneurship, and sustainable economic growth.
With this partnership, the Federal Government and Investonaire Academy share a common goal: to empower young Nigerians with the financial intelligence and digital tools needed to build wealth, grow businesses, and transform the nation’s economic future.
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