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Nigeria’s capital market set to reward outstanding companies at PEARL Awards

Nigeria’s capital market set to reward outstanding companies at PEARL Awards

The 24th edition of PEARL Awards, a yearly Nigerian Capital Market event where companies that are recognised for outstanding performance is set to hold on November 24, at the Eko Hotel & Suites, Lagos with the theme: ‘Celebrating Sustainable Leadership and Resilience.’

According to the organisers, the Awards night is a national corporate flagship event where quoted companies and key stakeholders in the capital and financial markets of the Nigerian economy are rewarded for their outstanding contributions to economic development.

The PEARL Awards, instituted in 1995 is endorsed by the Securities and Exchange Commission (SEC), Nigeria’s apex Capital Market regulatory authority.

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Tayo Orekoya, the president of PEARL Awards Nigeria, remarked that this year’s Awards event promises to be novel yet glamorous. “The event is being remodelled from an operational stand point to be more appealing and engaging on a night of excellence and glamour.”

Some confirmed attendees include Olufemi Lijadu, chairman, Board of Securities & Exchange Commission; Mary Uduk, Ag. Director-General, Securities & Exchange Commission; Bashorun J.K. Randle, past president, Institute of Chartered Accountants of Nigeria; Kayode Falowo, president, Nigerian-British Chamber of Commerce, among a host of other captains of commerce and industry.

Awards to be presented for deserving companies fall within the class of Sectoral Leadership, Market Excellence, Special Recognition, Special Honorary and then the Overall Highest Award (The PEARL). In all these categories mentioned, three nominees have been shortlisted and publicly announced on 22nd October 2019, with the winners to be announced at the event.

The PEARL Awards remains the only event in sub-Saharan Africa that identifies and rewards quoted companies based on empirical data. Which is predominately based on data sourced from audited financial reports companies, utilising credible parameters and tools of data evaluation that meet international standards.