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.