Stanbic IBTC, Others Shine at NSE Corporate Challenge
Posted: 18/Sep/2018


Stanbic IBTC Capital, Vetiva Capital Management Limited and PZ Cussons Plc emerged winners at the Nigerian Stock Exchange Corporate Challenge.

The annual 5km race challenge, themed, ‘e-Race Cancer’, was held in Lagos on Saturday, with the purpose of raising funds and creating awareness on the fight against cancer.

The NSE, in a statement on Monday, said Austin Ani of Stanbic IBTC emerged the overall winner in the keenly contested race, with a completion time of 18.45 minutes, after coming second in the 2017 edition.
 
The statement said Paul Alabi of Aluko & Oyebode and Danladi Verheijen of Vetiva came second and third, respectively, finishing the race in 19.57 minutes and 20.04 minutes.

“Paul, who is also not new at the NSE Corporate Challenge, was the overall winner in the 2016 edition. Ngozi Dozie-Madubiuke of Vetiva, with a completion time of 22.48 minutes, emerged the fastest female while Sadhisha Dave of PZ Cussons, also female, emerged the winner of the senior citizen category for runners aged 50 and above, with a race time of 29.10 minutes,” the statement said.

According to the statement, over 500 runners at the race were joined by outstanding race ambassadors such as Ikechukwu Onunaku, Immaculate Dache, Monica Ogah, Wole Arole ‘the Prophet’, Asiri Comedy, and others.

The Chief Executive Officer, NSE, Mr Oscar Onyema, while explaining the Exchange’s rationale for throwing its weight behind the race, said the cancer epidemic in Nigeria was huge and set to rise if urgent actions were not taken to raise awareness about early detection of the disease.

Onyema, who was ably represented by the Executive Director, Regulations, NSE, Ms Tinuade Awe, said the challenge was initiated to develop practical strategies to address the increasing cancer burden.

He said, “The NSE Corporate Challenge was birthed to minimise cancer and maximise life by stimulating additional awareness about cancer, advocating for the importance of early testing/detection and more importantly raising funds towards the purchase of mobile cancer centres to provide free screening and treatment in Nigeria.

“Started in 2014, the NSE Corporate Challenge is a one-day event aimed at promoting health and wellbeing in the Exchange’s operating environment. It is a professionally organised and volunteer-driven initiative involving companies listed on the Exchange, broker dealer firms, non-listed companies and individuals who identify with the initiative.”

Source: Punch News

Category: Markets
Tags: