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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. 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 at the Shell Hall, MUSON Centre, Onikan, Lagos State on Saturday, August 8, 2015. 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, OON 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”.
