Nigerian Breweries, Seplat, FBNQuest, others emerge winners at NSE CEO awards

WINNERS have emerged at the 2018 NSE CEO Awards, a platform put together by the Nigerian Stock Exchange (NSE) since 2012 to reward and motivate listed companies, dealing member firms, fund managers and issuing houses to attain higher levels of corporate governance, compliance and performance that reinforce investor confidence in the Nigerian capital market.

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At a ceremony held at the Stock Exchange House in Lagos, Stanbic IBTC Capital Limited, Vetiva Capital Management Limited and Cordros Capital Limited were announced as joint winners of the award for Issuing Houses with the Highest Number of Primary Market Transactions (Equity).

Also, FBNQuest Merchant Bank Limited, ARM Securities Limited and Stanbic IBTC Capital Limited were adjudged winners of the award for Issuing Houses with the Highest Number of Debt Issuance (Corporate Bonds) based on the value of new transactions approved and listed on the Exchange.

Earlier this year, precisely on Friday, October 19, 2018, Meristem Stockbrokers Limited was named the Most Digital Broker of the Year.

During the event, Pilot Securities Limited was named the Most Compliant Dealing Member Firm for 2018, having demonstrated the highest degree of compliance with the rules and regulations Governing Dealing Members of the Exchange in 2018.

Stanbic IBTC Stockbrokers Limited won two awards for Dealing Member Firm with the highest volume and Dealing Member Firm with the highest value of trades.

The award for Issuing Houses with the Largest Value in a Single Deal went to Stanbic IBTC Capital Limited and Union Capital Market Limited, for facilitating the highest value of deals on the Exchange. First City Asset Management Limited won the award for Fund Manager with the Largest Listed Fund Size. This award takes into cognizance the cumulative size of new funds listed on the Exchange in 2018.

Seplat Development Company Plc emerged winner of the award for Issuer with the Highest Number of Disclosures, for issuing the highest number of non-structured disclosures during the year under review.

Nigerian Breweries Plc was named the Most Compliant Listed Company, for being an early filer of financial statements; complying with the Securities and Exchange Commission (SEC) Code of Corporate Governance; with zero sanctions received during the year under review. The company is also a Corporate Governance Rating System (CGRS) certified.