The management of the Nigerian Exchange Limited, on Tuesday said it would host the 2022 edition of its annual awards designed to recognise organisations and individuals within the capital market ecosystem who have demonstrated exceptional performance in value delivery and sustainable impact.

The ceremony tagged: “Made of Africa Awards,” which holds on Tuesday, December 6, 2022 in Victoria Island, Lagos, which is expected to bring together key stakeholders in the capital market, the Exchange said, will also recognize those acting as key drivers in strengthening the Nigerian and African capital markets.

Established in 2012 as NSE CEO Awards, the Made of Africa Awards offer winners a year-round marketing opportunity and a big morale-booster for institutions and individuals who have made extraordinary contributions to the Nigerian capital market and exemplify the highest standards.

The hybrid event where adherence to high ethical standards, compliance with the rules and regulations of the Exchange, and other applicable laws and regulations will be rewarded, the statement noted, is themed: “Innovation in Capital Markets: The Panacea for Exponential Growth.”

Speaking on the awards, Chairman, NGX, Abubakar Mahmoud, said it “is a landmark recognition platform that rewards and inspires excellence. We are proud to promote success stories and drive the culture of innovation whilst catalysing a vibrant African capital market ecosystem.

“With the awards, NGX is showcasing ‘The Stock Africa is Made Of’. We remain committed to building a thriving market and promoting innovative solutions that provide a globally competitive platform for issuers to raise capital, and investors to meet their financial objectives across markets and geographies,” he stressed.

On his part, the CEO, NGX, Temi Popoola, said “in our continued quest to deliver a sustainable Nigerian capital market through cutting-edge innovation and exemplary leadership, NGX recognises notable institutions and individuals whose remarkable forward-looking initiatives have contributed immensely to the growth of the market in Nigeria and beyond. To this end, NGX Made of Africa Awards has been refined to reflect the dynamic nature of the Nigerian capital market, rewarding excellence and leadership.”

“As we engineer market-wide innovation, we must ensure that stakeholders uphold the principles and values that make the market standardised. Accordingly, we will be rewarding not just performance but compliance and commitment to best practices. I am optimistic that the awards will spur capital market stakeholders to continue to champion inclusive growth that will deepen the market and ultimately boost the economy.”