NGX to Reward Innovation, Capital Market Compliance

December 5, 2022
capital market compliance

By Aduragbemi Omiyale

The 2022 NGX Made of Africa Awards, slated for Tuesday, December 6, 2022, would be for rewarding innovation, commitment to sustainability and capital market compliance, the Divisional Head of Business Support Services at the Nigerian Exchange (NGX) Limited, Ms Irene Robinson-Ayanwale, has stated.

Speaking in an interview with Channels TV, she said the awards ceremony themed Innovation in Capital Markets: The Panacea for Exponential Growth was designed to recognise the outstanding performance of capital market stakeholders in multiple categories as the fiscal year draws to a close for many stakeholders.

According to her, the nomination and selection process was intensely analytical as a trove of data generated by the exchange was analysed by NGX Regulation Limited (NGX RegCo) and verified for accuracy by an independent auditor.

“As you can see, the process was made transparent and verifiable. We hope the Awards will encourage the companies to continue to maintain higher standards and ensure that their stakeholders hold them accountable to higher standards.

“We are banking that it’ll encourage more innovation, compliance, adherence to rules and regulations,” she told the news platform.

Ms Robinson-Ayanwale added that NGX would be focusing on driving more listings, executing more capacity-building programs across different capital market stakeholders group and driving forward its sustainability agenda in 2023.

The decision to hold the awards and celebrate exceptional performance underscores NGX’s commitment to the growth and sustainability of the Nigerian capital market. This further accentuates the position of the exchange as a leader and driver of excellence in the financial markets ecosystem.

BUA Group and CardinalStone Partners Limited are the headline sponsors for the ceremony. Other sponsors include United Bank for Africa Plc, Coronation Asset Management Limited, Zenith Bank Plc, Seplat Energy Plc, Access Holdings Plc, Notore Chemicals Plc, Transnational Corporation Plc, Bank of Industry and Central Securities and Clearing Systems (CSCS) Plc

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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