FBN Capital won the award for the ‘Best Local Currency Bond House’ for being a dominant player in the country’s busy local debt markets, working on several big-ticket transactions, including a N25bn (US$158mn) issuance for Edo Stat; a N1.7trn issuance for the Asset Management Corporation of Nigeria, the largest deal in the Nigerian capital markets; and a N13bn issuance for Benue State.