Dangote Cement, Zenith Bank, Access Holdings, Seplat Energy, AIICO Insurance, Guaranty Trust Holding Company (GTCO), First HoldCo, NEM Insurance, and AXA Mansard Insurance have been recognised among Nigeria’s high-performing companies at the maiden edition of the NextMoney Top 100 Companies Awards.
Chaired by Dr. Ije Jidenma, Chairman of the Nigeria–South Africa Chamber of Commerce and Chief Executive of Leading Edge Consulting, the ceremony featured a keynote address by Mr. Olufemi Awoyemi, Chairman of Proshare Nigeria, under the theme “Nigeria’s Top 100 Companies: Yesterday, Today and the Future.”
Access Holdings won two global awards as the Largest Company in Nigeria by Total Assets and the Largest Company in Nigeria by Revenue. Dangote Cement also bagged two honours as the Most Valuable Company in Nigeria and the Largest Company in Nigeria by Number of Employees. Zenith Bank emerged as the Most Profitable Company in Nigeria, while Seplat Energy was recognised as the Highest Tax Paying Company in Nigeria.
In the banking sectoral category, Access Holdings won the awards for the Largest Bank in Nigeria and the Largest Bank by Revenue. Zenith Bank took home the Most Profitable Bank and the Highest Tax Paying Bank awards. Guaranty Trust Holding Company (GTCO) was recognised as the Most Valuable Bank in Nigeria, while First HoldCo received the award for the Largest Bank in Nigeria by Number of Employees.
Within the insurance sector, AIICO Insurance dominated with three awards as the Largest Insurance Company in Nigeria by Total Assets, Revenue, and Number of Employees. AXA Mansard Insurance was honoured as the Most Valuable Insurance Company in Nigeria and the Highest Tax Paying Insurance Company, while NEM Insurance clinched the Most Profitable Insurance Company in Nigeria award.
Dangote Cement swept all five awards in the manufacturing sector, emerging as the Largest Manufacturing Company in Nigeria by Total Assets, the Most Profitable Manufacturing Company, the Most Valuable Manufacturing Company, the Largest Manufacturing Company by Revenue, and the Highest Tax Paying Manufacturing Company.
In his welcome address, Chairman of the Centre for Financial Journalism, Mr. Ernest Ebi, represented by Professor Akpan Ekpo, a member of the CFJ board of trustees, stated that the NextMoney Top 100 Companies Awards are unique because they are rooted in objectivity rather than perception or popularity.
He explained that the awards are based solely on audited financial statement, the most transparent and verifiable measure of corporate performance.
“This is not an award you can lobby for, embellish, or influence. It is earned. It is deserved,” he said.
Ebi noted that in a time when trust in institutions is paramount, celebrating companies that uphold financial discipline, good governance, and shareholder value is both necessary and urgent.
Ebi noted that in a time when trust in institutions is paramount, celebrating companies that uphold financial discipline, good governance, and shareholder value is both necessary and urgent.
“These companies are not only profitable; they are principled. They are not only growing; they are guiding. They are not only surviving; they are shaping the future of Nigeria’s economy,” he said.
To the awardees, he said, "You are the standard-bearers of corporate Nigeria. Your performance has spoken louder than any campaign could. You have shown that excellence is not an aspiration—it is a habit. We salute your leadership, your teams, and your unwavering commitment to transparency and growth.”
Delivering his keynote, Mr. Awoyemi observed that while corporates and governments exist today, they must prepare for tomorrow by internalising the lessons of yesterday.
Delivering his keynote, Mr. Awoyemi observed that while corporates and governments exist today, they must prepare for tomorrow by internalising the lessons of yesterday.
He remarked that “corporate success is not about the certainty of today but the effort to meet the needs of tomorrow.”
Awoyemi urged award recipients to submit their plaques to the heads of their strategic planning units, along with a request to develop plans outlining the trends they must manage to remain relevant in the next decade and beyond.
Chuks Egbune/Editor
Chuks Egbune/Editor
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