The Board of Governors of PEARL Awards Nigeria has formally announced the nominees for the 2025 PEARL Awards Nite, marking the 30th Anniversary Edition of Nigeria’s foremost capital market-based awards.
Speaking at a press conference held at the LCCI Event Centre, Alausa-Ikeja, Lagos, the Awards’ President, Mr. Tayo Orekoya, FCA, reaffirmed the Awards’ continued commitment to fairness, transparency, and objectivity, describing it as “the only capital market performance-based award in Nigeria founded on empirical data.”
This year’s grand event, themed “Celebrating a Legacy of Corporate Excellence,” will take place on Sunday, November 30, 2025, at the Lagos Oriental Hotel, Victoria Island, with a hybrid presentation format — both physical and virtual.
The 2025 Awards will recognize corporate excellence under three major categories: the Main Competitive Awards Category, which encompasses the Sectoral Leadership Awards, Market Excellence Awards, and the Overall Highest Award – The PEARL of the Nigerian Stock Market. The other categories are Honorary Awards, PEARL CEO of the Year, and the Special Recognition Awards Category for Corporate Governance Award. Additionally, to commemorate the 30th anniversary, the Board of Governors has introduced two new distinctions — the PEARL Excellence in Public Governance Award and the PEARL Excellence in Public Service Award.
Nominees for the 2025 PEARL Awards
Sectoral Leadership Awards
Agriculture
• Livestock Feeds Plc
• Okomu Oil Palm Plc
• Presco Plc
Conglomerates
• Custodian Investment Plc
• Transnational Corporation Plc
• John Holt Plc
Consumer Goods (Breweries)
• Champion Breweries Plc
• International Breweries Plc
• Nigerian Breweries Plc
Consumer Goods (Food Products & Beverages)
• Honeywell Flour Mills Plc
• NASCON Allied Industries Plc
• BUA Foods Plc
Consumer Goods (Household Products)
• Vitafoam Nigeria Plc
• Unilever Nigeria Plc
• P.Z. Cussons Nigeria Plc
Financial Services (Banking)
• Guaranty Trust Holding Co. Plc
• Wema Bank Plc
• Zenith Bank Plc
Financial Services (Insurance)
• Cornerstone Insurance Plc
• Consolidated Hallmark Insurance Plc
• NEM Insurance Plc
Financial Services (Other Financial Institutions)
• Nigerian Exchange Group
• FBN Holdings Plc
• United Capital Plc
Financial Services (Mortgage Companies)
• Abbey Mortgage Bank Plc
• Aso Savings & Loans Plc
• Infinity Trust Mortgage Bank Plc
Services (Printing/Publishing)
• Academy Press Plc
• Learn Africa Plc
• University Press Plc
Healthcare (Pharmaceuticals)
• May & Baker Plc
• Fidson Healthcare Plc
• Neimeth International Pharmaceuticals Plc
ICT (Computers/Services)
• NCR Plc
• Omatek Ventures Plc
• CWG Plc
Oil & Gas (Petroleum Products)
• Seplat Energy Plc
• TotalEnergies Marketing Nigeria Plc
• Conoil Plc
Industrial Goods (Building Materials)
• CAP Plc
• Dangote Cement Plc
• Lafarge Africa Plc
Real Estate (Investment Trust)
• SFS Real Estate Investment Trust
• UPDC Real Estate Investment Trust
• UH Real Estate Investment Trust
Market Excellence Awards
Turnover Growth:
Seplat Energy Plc, Veritas Kapital Assurance Plc, Ecobank Transnational Inc. Plc
Earnings Yield:
Mutual Benefits Assurance Plc, Aso Savings & Loans Plc, John Holt Plc
Return on Equity:
Consolidated Hallmark Insurance Plc, Okomu Oil Palm Plc, Academy Press Plc
Dividend Yield:
United Bank for Africa Plc, Nigerian Aviation Handling Co. Plc, Guaranty Trust Holding Co. Plc
Dividend Growth:
Fidelity Bank Plc, Guaranty Trust Holding Co. Plc, BUA Foods Plc
Return on Assets:
Okomu Oil Palm Plc, Consolidated Hallmark Insurance Plc, BUA Foods Plc
Net Asset Ratio:
Julius Berger Nigeria Plc, Seplat Energy Plc, TotalEnergies Marketing Nigeria Plc
Profit Margin Ratio:
UH Real Estate Investment Trust, SFS Real Estate Investment Trust, UPDC Real Estate Investment Trust
Share Price Appreciation:
Sunu Assurance Plc, Eunisell Interlinked Plc, Oando Plc
Current Ratio:
FTN Cocoa Processors Plc, UPDC Real Estate Investment Trust, Julius Berger Nigeria Plc
A Night of Distinction
Mr. Orekoya noted that the Board of Governors has also approved the presentation of the second PEARL Lifetime Achievement Award, following the first-ever conferral on Alhaji Aliko Dangote during the 25th Anniversary edition in 2020.
He described the forthcoming Awards Nite as “a grand celebration of resilience and distinction,” which will bring together captains of industry, top government functionaries, capital market operators, and media partners to honour companies that have demonstrated exceptional operational performance despite market headwinds. He expressed deep appreciation to the media for their consistent partnership over the past 30 years, urging for continued support in projecting the Awards’ role in strengthening corporate governance, investor confidence, and national economic growth.
Instituted in 1995, the PEARL (Performance, Earnings and Returns Leadership) Awards remain the only capital market performance-based awards in Nigeria, scientifically determined from empirical data drawn from quoted companies’ audited reports filed with the Nigerian Exchange Ltd (NGX) and performance on the Stock Exchange.
PEARL Awards Nigeria is endorsed by the nation’s apex capital market regulatory authority, the Securities and Exchange Commission (SEC) since 2003 for their shared value of promoting healthy competition based on integrity, fairness and objectivity.
