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Tag: Nairametrics

  • Nairametrics to unveil Nigeria’s top companies by revenue in January 2025

    Nairametrics to unveil Nigeria’s top companies by revenue in January 2025

    Nairametrics, Nigeria’s premier financial media platform, is set to announce the launch of the Nairametrics Top 100 Companies Index (NMX 100), an authoritative ranking of the nation’s largest and most influential companies.

    The inaugural edition is set to debut in January 2025, showcasing the organizations shaping Nigeria’s economic future.

    Inspired by globally recognized benchmarks like the Fortune 500, the NMX 100 Index will spotlight corporate excellence across key performance indicators, including revenue, market share, profitability, scale, and corporate governance. 

    The initiative aims to celebrate the businesses driving economic growth, creating jobs, and setting standards of innovation and sustainability in Nigeria.

    The NMX 100 Index will feature companies from a wide array of industries, including financial services, technology, manufacturing, energy, and other critical sectors. 

    Only companies registered in Nigeria, with significant Nigerian ownership and a proven track record of local revenue generation and employment creation, will be eligible for inclusion. This will ensure that the Index authentically represents the best of corporate Nigeria.

    The rankings will be meticulously compiled by the Nairametrics Research team, utilizing audited financial statements from both private and public companies. 

    To uphold the highest standards of credibility and transparency, the data and rankings will undergo independent verification by external research organizations.

    Speaking about the forthcoming launch, CEO of Nairametrics, Ugodre Obi-Chukwu said: “The Nairametrics Top 100 Companies Index is more than a ranking—it’s a celebration of Nigeria’s vibrant corporate ecosystem. By recognizing these industry leaders, we aim to inspire greater innovation, foster best practices, and provide a trusted resource for investors, policymakers, and business stakeholders. 

    “This Index underscores our commitment to spotlighting the organizations that are powering Nigeria’s economy and setting a foundation for future growth.”

    This pioneering Index is expected to provide valuable insights to investors, policymakers, and business leaders, offering a snapshot of the organizations driving Nigeria’s economic engine. 

    The list is part of Nairametrics’ commitment to delivering impactful financial content and promoting wealth creation through information.

  • Nairametrics mourns as founder’s father, Pa Chukwu, dies at 81

    Nairametrics mourns as founder’s father, Pa Chukwu, dies at 81

    The death has occurred of Mr. Anthony Obinna Chukwu, father of the CEO/Founder of Nairametrics, Ugochukwu “Ugodre” Obi-Chukwu.

    The patriarch of the Chukwu family, aged 81, was a respected community leader and patriarch who left an indelible mark through his commitment to family and harmony.

    In a statement, Christopher Pemu, General Manager at Nairametrics, said the remembrance will commence with a Service of Songs on Wednesday, 13th December 2023, at 5:00 PM at St. Anthony’s Gbaja, Surulere, Lagos. Guests will gather to pay homage through hymns and reflections on Mr. Chukwu’s life and achievements. The service will be followed by a reception at his residence, Block TN1 Games Village, off Bode Thomas, Surulere, Lagos.

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    “A traditional Wake Keep is planned for Friday, 12th January 2024, at Mr. Chukwu’s compound in Umueruru, Amambaa Village, Ebikoro, Ikeduru LGA, Imo State. This night vigil will allow family, friends, and community members to share stories and celebrate the life of a man who was a cornerstone of his community. The burial service is scheduled for Saturday, 13th January 2024, at St. John’s Catholic Church, Amambaa Village, Ebikoro, Ikeduru, Owerri, Imo State. The service will lead to the final internment, where Mr. Chukwu will be laid to rest. The family welcomes condolence visits at St. John’s field, Amambaa, following the interment,” the statement said.

    According to the statement, there will also be a thanksgiving service slated for Sunday, 14th January 2024, at 6:30 AM at St. John’s Catholic Church. The service will be a time for reflection and gratitude for Mr. Chukwu’s life and the blessings he shared with all who knew him.

    “The Chukwu family extends an invitation to in-laws, friends, associates, and well-wishers to join them in these services to pay their last respects to a remarkable man. Mr. Chukwu’s serenity, benevolence, and loving presence will be greatly missed by all, especially by his family who takes solace in the knowledge that his legacy will live on,” the statement added.

  • Nairametrics forges stronger ties with SEC

    Nairametrics forges stronger ties with SEC

     In a significant step towards fostering collaboration and promoting financial literacy, the management team of Nairametrics, a leading financial news media company based in Nigeria, at the weekend visited  the Lagos office of the Securities and Exchange Commission (SEC) .

     The meeting brought together key figures from both organizations, including Lamido Yuguda, the Director General of SEC, and Ugo Obi-Chukwu, Chief Executive of Nairametrics.

    The highlight of the meeting was the recognition of Nairametrics by the Director General of SEC, Lamido Yuguda  for its substantial impact on the capital markets through its relentless 24/7 coverage.

     He hailed the company for what he called  its unique writing style, particularly its ability to simplify complex financial content, making it accessible to a broad audience.

    Also, Yuguda praised Nairametrics for its  efforts in enhancing financial literacy.

    Replying, Mr. Ugo Obi-Chukwu expressed gratitude to the Securities and Exchange Commission for its commitment to investor protection and enlightenment through education. He acknowledged the SEC’s role in fostering the growth of assets under management (AUM) in the capital market and emphasized the importance of such initiatives.

    During the meeting, the Nairametrics team also presented their plans for 2024, which include hosting an Investment Fair, launching various financial education initiatives, and driving thought leadership in the financial sector.

     These initiatives aim to  enrich the financial landscape in Nigeria.

    Yuguda, in his continued commitment to investor education and protection, expressed his enthusiasm for collaborating with Nairametrics to realize these initiatives. He emphasized the crucial role of educating the younger generation in the development of the capital market and how these joint efforts would be instrumental in achieving this goal.

    The meeting was attended by key SEC officials, including Umar Daiyabu Kurfi – Director/SA to the DG SEC, Mohammed Bagudu Waziri – Deputy Director and Head of the External Relations Department, and Joy Utubor – Head Corporate Communications. Representing Nairametrics were Tolulope Olateju, Head of Operations and Chief of Staff, and Uade Ahimie, Head of Strategy and Public Affairs.

    The collaborative efforts between Nairametrics and SEC promise to not only enhance financial literacy but also strengthen the overall growth of the capital markets in Nigeria. This partnership reflects a shared commitment to advancing the financial sector and ensuring a prosperous future for all investors.