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The Nigerian Stock Exchange (NSE) and Ciuci Consulting, a Strategy and Consumer Intelligence Company have announced the launch of the Nigeria Business Composite 10 (NiBC 10).
The launching which will formerly take place on 26 September, according to a statement from the NSE, the NIBC 10 is a selection of 10 successful Nigerian Enterprises who have exhibited high potentials for growth and have over the years maintained a brilliant track record.
The statement reads that the event is aimed at celebrating these companies whilst inspiring confidence in the Nigerian society and its potential to produce thriving businesses.
Speaking on the initiative, the Acting Head, Corporate Services, NSE, Pai Gamde said “We are delighted to partner with Ciuci Consulting on the NiBC 10 initiative. It aligns with our commitment to promoting and supporting small and medium enterprises (SMEs) in Nigeria, by providing a framework that can help mentor SMEs in the country. At the NSE, we have a strong support system for such companies as our ASEM board provides them a platform for growth and expansion. A platform we hope these companies will leverage in the coming months.”
According to Chukwuka Monye, Managing Partner of Ciuci Consulting “Nigerian entrepreneurs need to see examples of business men and women that are working hard and creating successful businesses in the same environment that many fear to explore. We have worked with each of the 10 companies who are at different growth stages and are pleased to recognize them and encourage them for what they do”.
The launch of the NiBC 10 which is scheduled to hold at the NSE event center, will bring together top Nigerian CEOs and captains of industry.
Companies included in the NiBC 10 are House of Tara, Bestman Games, Iya Foods, L’Avyanna, Everyday Supermarkets, DBH Solutions, Ugo Monye Official, Healthcare Leadership Academy, Private Sector Health Alliance of Nigeria and Massey Street Children’s Hospital.
Photo Caption:
From Left: Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Mrs Ezinwanne Nnoruka, Group Company Secretary/Legal Adviser, Chellaram Plc; Asiwaju Solomon K. Onafowokan, Chairman, Chellarams Plc; Ade Bajomo, Executive Director, Market Operations and Technology, NSE; Chief Suresh Chellaram, Managing Director, Chellarams Plc; Mr Aditya Chellaram, Chief Executive Officer, Chellarams Plc and Mr Micheal Feller , COO, International Business Unit, DMK Deutsches Milchkontor GmBH at the Closing Gong Ceremony at the Exchange on Wednesday.
