DanCem, Stanbic IBTC, Pilot Securities top winners of NSE’s awards

Dangote Cement Plc, Stanbic IBTC Stockbrokers Limited and Pilot Securities emerged top winners in the Nigerian Stock Exchange (NSE) 2017 CEO’s Award announced by the Exchange on Wednesday December 13m 2017.

The winners were celebrated at the awards leaders unveiling at the awards ceremony, at the Stock Exchange House, Lagos yesterday.
Dangote Cement Plc was named the Most Compliant Listed Company for 2017, having demonstrated the highest degree of compliance with the rules and regulations

regarding disclosure obligations of listed companies on the Exchange in 2017.
Stanbic IBTC Stockbrokers Limited, emerged as the winner in the Awards for the Best Dealing Member firm, for a high performance culture. Stanbic IBTC victory was the firm’s sixth consecutive win in the NSE CEO Awards. The firm accounted for the highest value of trades on the Exchange in 2017.

Pilot Securities Limited won the award for the Most Compliant Dealing Member firm of the year 2017, for demonstrating the best level of compliance with the NSE Rules and Regulations. The firm was honoured for its compliance with the Minimum Operating Standards of the Exchange, adequate and timely rendition of statutory and regulatory returns.

The Chief Executive Officer of The Nigerian Stock Exchange, Mr. Oscar Onyema, speaking at the awards ceremony, said “I would like to congratulate all the 2017 award winners who are all deserving of recognition. The awards are given solely on merit and are awarded to commend listed companies and dealing members for their excellent and exceptional performance, compliance to NSE rules and regulation, high ethical standards and impressive customer service that leave no room for any penalties.”
“The awards offer winners a year-round marketing opportunity and a big morale-booster for companies who have made extraordinary contributions to the Nigerian capital market and exemplify the highest standards” he added.

The NSE CEO awards was initiated in 2012 to motivate listed companies and dealing members to a higher level of corporate governance and compliance to reinforce investors’ confidence in the Nigerian capital market. Since inception, the annual award has become one of the important events at the NSE.

Stories by Bonny Amadi