• Monday, April 22, 2024
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BusinessDay

Signal Alliance rated in top 50 fastest growing companies

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AllWorld Network in partnership with The Tony Elumelu Foundation has listed Signal Alliance among top 50 fastest growing (non-listed) companies in Nigeria termed “Nigeria50”. The Nigeria50 is a ranking of 50 of the fastest growing private (non-listed) companies in Nigeria. The Awardees broke AllWorld records, with each company growing at an average 100 percent yearly on revenues of $9 million USD, and as a group they have created 6,600 jobs, and if they continue growing, will create thousands more in the next few years.

Companies were invited to compete for a spot on the Nigeria50, and those with the fastest revenue growth between 2009 and 2011 made the inaugural ranking. Thousands of emails were sent to companies around the country inviting them to apply. Each company had to provide audited statements to confirm their revenues and each applicant’s business practices and ethics were strenuously vetted by AllWorld. The fastest growing and most transparent became the Nigeria50.

The inaugural winners were announced worldwide at the Nigeria50 Awards & Summit in Lagos in front of an audience of 350 entrepreneurs, businesses and government leaders including The Honorable Minister of Trade and Investment, Olusegun Aganga; Tony O. Elumelu, chairman of Heirs Holdings and Michael Porter the world-renowned Harvard Business School Professor and Chairman of AllWorld Network.

Signal Alliance Ltd. realizes that the strength of its business stems from the strength of the local Nigerian talent says Collins Onuegbu, CEO of Signal Alliance “This award belongs to our people who have committed themselves to building a company that we are all proud of.