The annual award ceremony for winners at the Nigerian Capital Market
popularly known as PEARL Awards Nigeria, will this year 2017 take
place on Sunday November 26, 2017 at the prestigious Eko Hotel &
Suites Lagos, with the theme “Winning with Tenacity”.
The Annual PEARL Awards nite has been a platform where quoted
companies and key stakeholders in the capital market are rewarded for
their contributions to the growth of the market and the economy in
general.
According to a release signed by Olalekan Adekoya, Secretary, Board of
Governors, this year’s edition promises to be an outstanding nite of
glamour, funfair and celebration of excellence.
Additionally, there
would be other side attractions that will include exclusive red carpet
reception, cocktails and high class executive networking opportunities
and so on.
This year’s event, will host the ‘who is who’ in the corporate
Nigeria, and will feature Awards in 3 broad categories, namely, Main
Competitive Category; Special Recognition Awards Category and Honorary
Awards Category.
The Main Competitive Awards would be determined using
globally acceptable parameters that include Turnover Growth; Return on
Equity; Profit Margin Ratio and Share Price Appreciation among others.
The PEARL Awards Nigeria instituted in 1995 is a private sector,
not-for-profit, non-partisan and Non-Governmental Organization
initiative to reward companies quoted on the Nigerian Stock Exchange
for Operational and Stock Performance based on objective and globally
accepted parameters, thereby enhancing vibrancy, growth and
development of the market.
Similarly, “the PEARL Awards Nigeria after 2 decades (1995-2016) of
publishing the Nigerian Stock Market Annual (NSMA) has decided to rest
the publication and replace it with a stronger and richer online
publication.
“Thus, effective from this year, PEARL Investors’ Review
would be published online on a quarterly basis while the bumper
edition would be published in hard copy and presented publicly at the
annual Awards Nite.
“The objective is to make it more practical,
analytical and readers’ friendly in line with technological changes in
the environment, “ Adekoya added.