LCCI Names NSE As CSR Company of the Year

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The management of Lagos Chamber of Commerce and Industry has rewarded The Nigerian Stock Exchange (“NSE” or “The Exchange”) as the best “CSR Company of the Year Award” at the Commerce & Industry Awards 2017 organised by Lagos Chamber of Commrce and Industry (LCCI) on Saturday, July 29, 2017 at the Oriental Hotel, Victoria Island, Lagos.

 

Muda Yusuf, Director General of the LCCI, said “the objective of the annual awards is to recognize, celebrate and promote private and public institutions who have exhibited the core values of best business practices, growth through innovations, business sustainability and have positively impacted the society.”

The Exchange was recognised for its progress in providing a world class capital market with the
implementation of innovations required to deliver a robust and efficient capital market. It was also
commended for its role in delivering impactful Corporate Social Responsibility (CSR) to internal and external
stakeholders through its numerous initiatives like the NSE Essay Competition, Employee Volunteering
Scheme, Employee Give-Back Initiative and NSE Corporate Challenge.

While receiving the award on behalf of The Exchange, Ms. Pai Gamde, Acting Head, Corporate Services Division,
NSE, stated “we are honoured and humbled to be recognised by Lagos Chamber of Commerce & Industry
(LCCI) as the CSR Company of the Year. This award is a testament to the innovations we have undertaken to
encourage and promote sustainability in the capital market.”

In the last few years, NSE has implemented far-reaching transformational policies aimed at strengthening
the corporate governance of listed companies, providing products that are aligned to investors’
requirements, improving market access, ensuring a fair and orderly market, whilst delivering a
comprehensive set of value added services to listed firms and giving back to the society through impactful
Corporate Social Responsibility (CSR).

Olumide Orojimi, Head, Corporate Communications, NSE, added “We have made giant strides in striving to
see that sustainability is a way of life in the Nigerian capital market. Our sustainability strategy is hinged on
four pillars; Community, Marketplace, Workplace and Environment and we currently have the NSE Disclosure
Guidelines in the works which will be unveiled later this year.”

The NSE Disclosure Guidelines is to encourage listed companies report on their sustainability activities.

About THE NSE

The Nigerian Stock Exchange, a company limited by guarantee, services the largest economy in Africa and is
championing the development of Africa’s financial markets. The Exchange offers listing and trading services,
licensing services, market data solutions, ancillary technology services, and more. The Nigerian Stock
Exchange continues to evolve to meet the needs of its valued customers, and to achieve the highest level of
competitiveness. It is an open, professional and vibrant exchange, and the Entrepreneurial Growth hub of
Africa. The Nigerian Stock Exchange aspires to be Africa’s foremost securities exchange, connecting Nigeria,
with the rest of Africa and the world.


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