Nigerian Breweries : MTN, FirstBank, Dangote Group Make Top 100 Nigerian Companies Lists
The Chief Executive Officer,
Others are
A source in the
Obaze said the committee considered a lot of criteria based on international best practices before the companies were selected. He said: "In looking at the top 100 companies, in taking decisions of this nature, there are international benchmarks as set by the
"There are five of such benchmarks, the first one is to look at the strategic focus of the organisation. Then you look at the connectivity of information which is the second benchmark.
"You look the what extent to which they have responsiveness and shareholders' inclusiveness. You also look at the extent to which they have materiality of their information. Then you track at their future orientation.
"In our own assessment of the top 100, we went beyond these. We looked at turnover, taxes paid over a period of time; we also looked at the employment they are generating and they have generated; we looked at the level of investments they have in
"We wanted to see what do they have on the ground and we were also interested in how what they have on the ground adds value in terms of the amount they spend."
He said since these private sector companies are creating wealth and jobs for the economy, they should be honoured for believing and investing in
The top 100 companies award, which is the first in the history of the country, is a brainchild of President
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