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October 11, 2025 - 1:27 PM

CardinalStone Wins BAFI Industry Award

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CardinalStone Partners Limited, a multi-asset investment management company based in Nigeria, won four prizes at the recently held BusinessDay Banks and Other Financial Institutions (BAFI) awards in Lagos.

The company won the titles of “Mid-Market Investment Bank of the Year,” “Investment Management Firm of the Year,” “Investment Research Firm of the Year,” and “Stockbroking Firm of the Year.”

October 28, 2023, saw the Lagos Continental Hotel host the BAFI Awards, an event designed to honor and celebrate companies and professionals that have excelled in the financial sector.

CardinalStone’s Group Managing Director, Michael Nzewi, responded to the historic victories by saying, “This recognition signifies a collective win for CardinalStone as a whole.” It reaffirms our commitment to offering top-notch services and gets us ready to investigate novel approaches to satisfy our clients’ changing wants.

“The award also serves as a reminder that the industry is paying attention and that we must keep up our excellent in-service delivery while expanding and strengthening every area of our business.”

He conveyed his appreciation to all members of the organization’s team for their commitment and creative input toward the company’s expansion. “We are honored to receive these honors and grateful that our amazing clients and staff allowed us to accomplish this goal,” Nzewi says.

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