Recognising socio-economic productive, valuable and impactful Nigerian entities that improve Nigerian and global business & economy.
Pan-African financial institution, United Bank for Africa (UBA) Plc, has emerged African Bank of the Year 2017 by The Banker magazine.
The award is a first for Nigeria as it marked the first time a Nigerian-headquartered bank will beat other contenders to the prestigious and highly coveted regional award.
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Group Managing Director/Chief Executive Officer of Access Bank Plc, Herbert Wigwe, has been recognised as West African Business Leader of the Year 2017 by All Africa Business Leader Awards (AABLA) in partnership with CNBC Africa.
The announcement was made at the annual AABLA regional dinner, in Lagos and attended by industry executives from around West Africa.
The annual AABLA award sets to honour business excellence and leaders who have made considerable impact on their industry and the community.
Speaking on the awards, Alexander Leibner said this marked the start of what was set to be another memorable AABLA season, honouring business excellence across the continent.
According to the organisers, this award celebrates individuals who exemplify the best in African leadership as well as African business leaders who epitomize the core values of a successful leader, strength, innovation, ingenuity, knowledge and foresight — values that are imperative to carving out a powerful business in a Pan- African and global economy.
Receiving the 2017 West African Business Leader award, Mr. Herbert Wigwe, said:
“It’s an honour to be shortlisted among some of the most powerful West African Business Leaders that I have ever come across and extremely humbled to be the recipient of such a prestigious award.
The All Africa Business Leader Awards (AABLA) in partnership with CNBC has named the Group Managing Director/CEO, Access Bank Plc, Herbert Wigwe as the 2017 African Business Leader of the Year.
The announcement was made at the AABLA award finale held at the Sandton Convention Center in Johannesburg, South Africa and attended by CEOs, Government Officials and top business executives from all over the continent.
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Winners have emerged at the 2017 Sustainability, Enterprise and Responsibility Awards (SERAs).
The SERAs – Corporate Social Responsibility (CSR) Awards is an annual project, which aims to promote as well as raise awareness about the roles organizations play with emphasis on their responsibility towards stakeholders and the social development of Africa. The SERAs, aims to substantiate the case that corporations who are socially responsible stand to gain huge benefits in regards to the triple bottom line – economic, social and environmental capital.
Winners of 2017 Sustainability, Enterprise and Responsibility Awards (SERAs)
Winners have emerged at the 2017 Balearica Nigeria Tourism Awards – honouring experience and enterprise excellence in Nigeria’s tourism industry.
The Balearica Nigeria Tourism Awards is designed to register public opinion on the performance of leisure and business tourism service providers and attractions. The Awards celebrates outstanding travel and tourism professionals and trend setters in the Nigerian tourism industry.
Four of the twenty awards are non-voting awards namely: Best Tourism Governor, Lifetime Achievement Award, Tourism Personality of the Year and Royal Support for Tourism. These categories were determined only by the judges.
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PEARL Awards for capital market excellence and performance in Nigeria, hosted its 2017 and 22nd edition since inception at the Eko Hotel & Suites in Lagos.
The awards featured 17 sectoral leadership awards, 9 market excellence awards, 3 special recognition awards, 4 honorary awards and the overall highest award (The Pearl).
Winners of the 2017 PEARL awards
United Capital Plc, won five awards, three of which were in the main competitive award category. The firm emerged the overall 2017 PEARL award winner, with its Group CEO Mrs. Toyin Sanni receiving the 2017 most outstanding CEO award.
‘The PEARL’ award was based on United Capital’s outstanding operational and stock performance in 2016. Other awards won by United Capital Plc included Sectoral Leadership Award, Financial Services – Other Financial Institutions (Main Competitive Award Category), Sectoral Leadership Award, Highest Dividend Yield (Main Competitive Award Category), Good Corporate Governance Award (Special Recognition Award Category) and Outstanding CEO of the Year Award (Honorary Award Category).
Former President, Council of the Nigeria Stock Exchange and Chairman Coronation Capital Mr. Aigboje Aig-Imoukhuede, CON received the special honorary award for capital market development, in recognition of his contribution to capital market growth within and outside Nigeria.
Temple Asaju of Channels Television bagged the 2017 Capital Market Journalist of the year award.
Television Continental (TVC) received the Media award for capital market reporting.
President/CEO of PEARL Awards, Mr. Tayo Orekoya in his opening remarks, said that since 1995 the awards nite has remain focused on honouring and encouraging resounding and outstanding capital market performers, who are contributing immensely to the growth of the market.
Mr. Orekoya noted that the theme for 2017, “Winning with Tenacity” captured quoted companies who performed remarkably despite the challenges of the 2016 financial year, which witnessed the economic recession in the country. He said it was an opportunity to celebrate dogged market winners and leaders, who are creating value in the market.
Giving an overview of the awards, Mr. Orekoya stressed that Pearl Awards was not based on sentiments, but performance and took into consideration 9 performance indices. The visioner was happy to inform stakeholders that apex regulator of the capital market, the Securities and Exchange Commission endorsed the awards ceremony since 2003.
Chairman of the occasion Gen Yakubu Gowon (Rtd) former Head of State of Nigeria commended the Pearl Awards for over 2 decades commitment to promoting market excellence in the country. According to him, “Despite challenging economic environment, we must continue to encourage quoted companies and investors that are doing well in the capital market”.
Gowon asserted that stakeholders in the market, must work assiduously to build a country that promotes entrepreneurship. He harped on the need for the driving of activities in the non-oil sector through the public-private partnership approach which he believed could unlock new jobs for the teeming unemployed youth.
Attendees to the event include; Mrs. Lola Akande (Commissioner for Women Affairs & Poverty Alleviation, Lagos representing Governor Akinwunmi Ambode), Alhaji U.F Abdullahi (Chairman, PEARL Awards Board), Mr. Wole Adetunji (Former DG, SEC Nigeria), Alhaji Ahmed Rufai Mohammed (President/Chairman of Council, IOD Nigeria), Dr. Abiodun Adedipe (Member, Board of Governors, PEARL Awards), Mrs. Toyin Sanni (GCEO, United Capital), Mr. Valentine Ozigbo (CEO, Transcorp Hilton), Mr Valentine Obi (CEO, eTranzact PLC), Mr. Eguarekhide Longe (MD/CEO AIICO Pensions), Mr. Olufemi Awoyemi (CEO, Proshare Nigeria) and Mr. Funso Akere (CEO, Stanbic IBTC Capital) amongst others.
A new 1.5 million metric tonnes per annum (MMTPA) Dangote Cement Plant built at a cost of $300 million has been commissioned in Mfila, in the Republic of the Congo.
The new cement plant has the potential for about 1,000 direct employment and thousands of several other indirect jobs.
Continue reading $300 Million Dangote Cement Plant Commissioned In Congo