Airtel Africa, the leading telecommunications provider in Africa with its stock trading on the Nigerian Stock Exchange (NGX), was the big winner at the first-ever ICAN-NGX Awards, taking home the top prize in Corporate Reporting.
The awards ceremony took place on Friday, 17th May 2024, at the NGX headquarters in Lagos.
Organized by the Institute of Chartered Accountants of Nigeria (ICAN) in partnership with NGX Regulation Limited (NGX RegCo), the awards aimed to recognize excellence in corporate reporting among the top 30 most capitalized companies listed on the Nigerian Stock Exchange for the 2022 financial reporting year.
Airtel Africa was honored for its outstanding performance in Financial Reporting, Corporate Governance, and Sustainability Reporting.
In the Financial Reporting Category, Airtel Africa was named the Most Outstanding, beating out industry giants such as Dangote Cement Plc, Dangote Sugar Refinery Plc, MTN Nigeria Communications Plc, Seplat Energy Plc, Stanbic IBTC Holdings Plc, and Sterling Financial Holdings Company Plc.
Carl Cruz, the Group Chief Executive Officer of Airtel Nigeria, expressed gratitude for the awards and reiterated the company’s commitment to transparency and accountability for the benefit of all stakeholders.
He emphasized Airtel’s dedication to maintaining high standards of financial and corporate reporting.
Airtel Africa also received the Gold Award in the Corporate Reporting Category, highlighting the company’s commitment to fair business practices.
Cruz emphasized the importance of integrity, accountability, and ethical conduct in all aspects of Airtel’s operations.
Olufemi Shobanjo, the Chief Executive Officer of NGX Regulation Limited, emphasized the importance of transparency and accountability in building a productive market environment.
He highlighted the significance of integrity in ensuring business success and commended the winners for their commitment to excellence.
Innocent Okwuosa, the 59th President of ICAN, expressed optimism about the future of corporate reporting in Nigeria, especially with the adoption of International Sustainability Standard Board (ISSB) standards. He predicted that corporate reporting in Nigeria would continue to improve.
Airtel Africa remains dedicated to promoting accountability, transparency, and sustainability in its operations, setting the benchmark for excellence in corporate reporting.
Comment here