NextMoney to reveal Nigeria’s top 100 companies, honouring industry excellence

Mr. Olufemi Awoyemi mni, Chairman of Proshare Nigeria.

NextMoney, published by Centre for Financial Journalism Ltd/Gte, will unveil the Top 100 Companies in Nigeria and host the NextMoney Top 100 Companies Awards to recognize outstanding corporate performance.

The prestigious event will take place at 5:00 pm on October 3, 2025, at the Civic Centre, Ozumba Mbadiwe Avenue, Victoria Island, Lagos.

The theme of the awards is Nigeria’s Top 100 Companies: Yesterday, Today and the Future, and it will be keynoted by Mr. Olufemi Awoyemi mni, Chairman of Proshare Nigeria. The event will be chaired by Dr Ije Jidenma, Chairman of Nigeria-South Africa Chamber of Commerce and Chief Executive Officer of Leading Edge Consulting.

According to a press release by the sponsors, Nigeria’s Top 100 Companies is a special edition of NextMoneymagazine, the prime source of business, financial and economic intelligence on Nigeria. The edition focuses on the performance of publicly-held companies in Nigeria and their ranking based on Assets, Revenue, Profit (profit after tax), Market Capitalisation, Number of Employees and Tax Payment.

The press statement further explains that NextMoney Top 100 Companies Awards is designed to recognise and celebrate high-performing companies in Nigeria that come out on top in the performance analyses and ranking of publicly-held companies in Nigeria by analysts at NextMoney. 

These companies, it was learnt, emerge from the top 100 companies in Nigeria ranked by Assets, Revenue, Profit (profit after tax), Market Capitalisation, Number of Employees, and Tax Payment. 

NextMoney Top 100 Companies Awards will be in two categories – Global and Sectoral, the statement said. 

“The global awards is for the companies that emerged as the best performers in terms of Assets, Revenue, Profit, Market Capitalisation, Number of Employees and Tax Payment among the top 100 companies,” it said. It added that the awards will be as follows: The Largest Company in Nigeria (the company that posted the largest total assets in the year), The Most Profitable Company in Nigeria, The Largest Company in Nigeria by Revenue, The Most Valuable Company in Nigeria (the company that recorded the highest market capitalisation inthe year), The Largest Company in Nigeria by Number of Employees (the company that employed the most people in the year), The Highest Tax Paying Company in Nigeria (the company that paid the highest corporate income tax in the year).

The sectoral award-winners are the companies that come out on top in the sectoral rankings, also based on Assets, Revenue, Profit, Market Capitalisation, Number of Employees and Tax Payment. The sectoral awards in this maiden edition of NextMoney Top 100 Companies Awards will be restricted toBanking, Insurance and Manufacturing.

According to the Editor-in-Chief of NextMoney, Dr. Ray Echebiri, NextMoney Companies Awards is unique because unlike other awards, it is based strictly on objective criteria – the remarkable performance of the companies as surmised from their audited financial reports.
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