Capital Market

NSE showcase ten successful Nigerian businesses

The Acting Head, Corporate Services of the Nigerian Stock Exchange (NSE), Pai Gamde has said the NSE’s partnership with a leading Strategy and Consumer Intelligence Company Ciuci (pronounced see-you-see) Consulting, to launch the NiBC 10 initiative will help advance the development of SMEs in the country.

According to Pai, the NSE’s decision is in alignment with its commitment to promoting and supporting small and medium enterprises (SMEs).

“At the NSE, we have a strong support system for such companies as our ASEM board provides them a platform for growth and expansion. A platform we hope these companies will leverage in the coming months.” She said

Pai expressed delight on the partnership with Ciuci Consulting on the NiBC 10 initiative. She said “It aligns with our commitment to promoting and supporting small and medium enterprises (SMEs) in Nigeria, by providing a framework that can help mentor SMEs in the country”

A statement from the NSE, made available to the DailyTimes revealed that the Nigeria Business Composite 10 (NiBC 10) created through the NSE, CiuCiu partnership will be launched on Tuesday, September 26, 2017 at the Stock Exchange House, Lagos.

“The NIBC 10 is a selection of 10 successful Nigerian Enterprises who have exhibited high potentials for growth and have over the years maintained a brilliant track record.”

The statement also noted that the landmark event is aimed at celebrating these companies whilst inspiring confidence in the Nigerian society and its potential to produce thriving businesses.

Speaking on the initiative, Chukwuka Monye, Managing Partner of Ciuci Consulting: “Nigerian entrepreneurs need to see examples of business men and women that are working hard and creating successful businesses in the same environment that many fear to explore.

We have worked with each of the 10 companies who are at different growth stages and are pleased to recognize them and encourage them for what they do”.

The launch of the NiBC 10, will bring together top Nigerian CEOs and captains of industry. Companies included in the NiBC 10 are House of Tara, Bestman Games, Iya Foods, L’Avyanna, Everyday Supermarkets, DBH Solutions, Ugo Monye Official, Healthcare Leadership Academy, Private Sector Health Alliance of Nigeria and Massey Street Children’s Hospital.

Afolabi Adesola

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