The Nigerian Stock Exchange (NSE or
The Exchange) today announced that it has received the 2015 Award for Promoting
Best Practice Reporting and Corporate Disclosure from the Lagos Chamber of
Commerce & Industry (LCCI).
The award was presented to NSE by
the President of the Lagos Chamber of Commerce & Industry Alhaji Remi Belo
at the Lagos Chamber of Commerce & Industry Award ceremony which took place
in Lagos during the weekend.
This is the third award received by
The Exchange in barely a month. The Exchange was first presented with the
African Regulator of the year at the 6th African Business Leadership Awards in
London on July 25, 2015 and received then clinched the Financial Institution of
the year award on August 5, 2015 at The Oil & Gas Year Nigeria Award
According to the Director General
of LCCI, Mr. Muda Yusuf, the objective of the annual awards is to recognize,
celebrate and promote private and public institutions that have exhibited the
core values of best business practices, growth through innovations, business
sustainability and have impacted the society positively.
Mr. Muda stated that
the LCCI Commerce and Industry Award prides itself as a highly credible event
where winners emerge through a painstaking selection process from hundreds of
entries backed by feedbacks from dedicated research and market intelligence.
Commenting on the award, the Chief
Executive Officer, NSE, Mr. Oscar N. Onyema, said, “This award highlights
the positive reaction to the strong corporate governance regime that we have
emplaced and the success we have achieved with our listed companies on timely
financial and information disclosures.
" We are encouraged to do more by ensuring
that our listed companies continue to act in the best interest of investors
thereby adding tangible value in protecting and sustaining the corporate health
of the exchange and the capital market in general”.
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