​​​​NSE Sets to Race against Cancer
Tuesday, April 14, ​2015

​Lagos, March 25, 2015. Corporate Nigeria is set for a face-off in a few weeks as The Nigerian Stock Exchange (NSE) in partnership with the Committee Encouraging Corporate Philanthropy (CECP), key publicly quoted companies and Dealing Members will be holding the 2nd edition of the NSE Corporate Challenge. The one-day event which is scheduled to take place in Lagos on Saturday, May 16, 2015 will be a highly competitive and fun-filled 5 kilometre walk, run and jog competition to promote company pride, teamwork, corporate wellness and to create awareness for the fight against cancer. 

The Head of Corporate Services Division at The NSE, Mr. Bola Adeeko, noted that “the NSE Corporate Challenge is a Corporate Social Responsibility (CSR) initiative of the Exchange, aimed at promoting the health & wellbeing of our operating community. The idea behind the Corporate Challenge is for responsible organisations and their employees to take part in the initiative as a way of enhancing employee-employer relations and boosting goodwill by bringing all together for fun, fitness and fellowship”. 

“This initiative will enhance the concept of volunteerism within participating companies as proceeds from th​e competition will be donated to Committee Encouraging Corporate Philanthropy (CECP), to support the national drive aimed at providing Mobile Cancer Centres (MCCs) across Nigeria”, Adeeko added.

According to the CSR Lead at The NSE, Mrs. Cima Sholotan, the partnership with CECP was entered into on February 25, 2013 during the commemoration of the International Corporate Philanthropy Day with the aim of ‘Taking Cancer Prevention to the Grassroots’. “The goal is to acquire thirty-seven (37) Mobile Cancer Centres (MCCs), one for each State and the Federal Capital Territory, Abuja. This takes advantage of the scientific evidence that, one -third of all cancer cases are preventable, another one-third is curable and the last third can have good quality of life with appropriate care” said Sholotan.

The NSE Corporate Challenge is a professionally organised and volunteer-driven initiative involving over 400 companies listed on the Exchange and support organisations from the capital market community. “To achieve this aim, we are working in close partnership with public and private sector organisations such as Unity Bank, Diamond, Lafarge, Guinness, FCMB, Caverton, CECP, Channels Television, Silverbird Television, Nigeria Info FM, BusinessDay and CNBC Africa to mention a few” Sholotan remarked. 

Though the challenge will be primarily open to teams of employees from the stockbroking community and companies listed on The Nigerian Stock Exchange, non-commercial organizations such as Federal, State and Local Governments, Quasi-Governmental Organizations, Educational Institutions and NGOs will be invited to compete as well.