Corporate Excellence Shines Bright: Dangote Cement, Seplat & UBA Among Big Winners at NGX Reporting Awards

? Corporate Excellence Shines Bright: Dangote Cement, Seplat & UBA Among Big Winners at NGX Reporting Awards!

It was a night of honor and recognition at the second edition of the Corporate Reporting Award, hosted by the Institute of Chartered Accountants of Nigeria (ICAN) in collaboration with NGX Regulation Limited. The event, held at the Nigerian Exchange, spotlighted listed companies that have gone above and beyond in their commitment to transparent, accountable, and sustainable corporate reporting for the year 2023.

Here are the major highlights ?:

? Dangote Cement Plc

Cemented its place at the top by clinching the prestigious Platinum Award for excellence in corporate reporting.

? MTN Nigeria

Bagged the Gold Award, showcasing its solid track record in financial transparency.

? Seplat Energy

Earned a well-deserved Runner-Up position, applauded for outstanding disclosure practices and reporting clarity.

? UBA (United Bank for Africa)

Won the Best in Class Award of Excellence in Sustainability Reporting, proving once again that they don’t just do business — they build legacies!

? Stanbic IBTC Holdings

Came out top in the Financial Reporting category, setting the bar high for precision and accuracy.

? GTCO & Zenith Bank Plc

Both banks shone in the Corporate Governance category, showing a firm commitment to ethical leadership and accountability.

? Most Improved Company (Overall): International Breweries

Their leap in corporate reporting standards earned them a standout award for improvement.

What They’re Saying ?️

ICAN President, Davidson Alaribe, emphasized that the awards are meant to encourage transparency, sustainability, and social responsibility — not just profit. “Investors are watching,” he said. “No one wants to put their money in secrecy. These companies have shown they’re worthy of investor confidence.”

NGX RegCo CEO, Olufemi Shobanjo, echoed this, noting that corporate reporting isn’t just about ticking boxes — it’s a powerful tool to build trust, attract investors, and strengthen Nigeria’s capital market.

And the assessors agree! According to Grace Fatogbe and Assoc. Prof. Yinka Moses (Victoria University of Wellington, NZ), corporate reporting in Nigeria has significantly improved, showing local firms are preparing to compete on a global scale.

? Final Word

Transparency is no longer optional — it’s the new currency of trust in the investment world. These companies aren’t just winners; they’re trailblazers lighting the path for others in the Nigerian corporate ecosystem.

#NGX #ICAN #CorporateReporting #DangoteCement #Seplat #UBA #TransparencyWins #InvestSmart