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    Thursday, March 29, 2018

    NSE Commends Nigerian Breweries As New Managing Director Visits Lagos Floor

    Lagos, Nigeria:The Chief Executive Officer of The Nigerian Stock Exchange, Mr. Oscar Onyeama has   commended   Nigerian   Breweries   Plc   for   its   commitment   to corporate governance standards.   Mr.   Onyeama   gave   the   commendation   when   the   new Managing   Director   of  Nigerian   Breweries   Plc,   Mr.  Jordi   Borrut   Bel   visited   The Exchange in the company of other top management of company. Speaking during the visit, Mr. Onyeama who was represented by Ms Tinuade Awe,Executive Director, Regulation, The Nigerian Stock Exchange, described Nigerian Breweries as an exemplary corporate citizen.

    Awe  explained   that  part   of  The  Exchange’s  core   mandate   is   to   ensure   that   it continues to provide a robust platform that will attract the confidence of local and foreign investors.In his remark, the Managing Director, Nigerian Breweries Plc, Mr. Jordi Borrut Bel acknowledged the  pivotal  role The  Exchange has  been  playing in the  sustained growth   and   development   of   the   capital  market   and   the   Nigerian   economy   in general, over the years.
    While restating the commitment of Nigerian Breweries to sustaining its relationship with The Exchange, Borrut Bel added that the company has over the years excelled in compliance and corporate governance matters. “I am aware that we have over the   years   received   awards   and  recognition   from   The   NSE   including   The   NSE President’s Merit Award in the Brewery Sector, The NSE Quoted Company of the Year Award and The NSE CEO’s Distinguished Award for Compliance, and The NSE CEO’s   award   as   the   Most   Compliant   Listed   Company   on   The  Nigerian   Stock Exchange”, he said.
    He pledged the commitment of the company to sustain its high performance in matters of corporate governance and compliance.Mr. Borrut Bel also congratulated The Exchange for the recent historic high equity market   capitalization   of   N15trillion   and   for  being   the   best   performing   Stock Exchange in Africa and No 3 in the World in 2017.
    The Nigerian Breweries team was later invited to the trading floor where Borrut Bel performed the traditional ringing of the bell to close the market for the day. At the brief closing ceremony, the Doyen of Stockbrokers, Mr. Sam Ndata commended Borrut   Bel   and   his   team   for   the   visit  and  lauded   Nigerian   Breweries   for   its sustained good return on investment for the company’s shareholders.

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