Effective Monday, October 5, 2015, the soar-away online newspaper, New Mail Nigeria (www.newmail-ng.com), in strategic partnership arrangement with two global investment advocacy groups, in South Africa and the United Kingdom, will commence a weekly publication tagged Corporate Scorecard, an unbiased barometer for measuring the performances of some quoted entities in Nigeria.
Corporate Scorecard, according to a statement by Salami Semiu, Managing Editor, Backup Media Limited, Publishers of New Mail Nigeria, will offer insightful peer review analysis and commentaries on some corporate organizations, particularly those listed on the Daily official list of The Nigerian Stock Exchange, NSE.
Corporate Scorecard, an in-depth x-ray of the performances of quoted equities, by bringing out the hidden facts and figures in the most objective and in accordance with the best journalistic ethos, hopes to serve as an investment guide for both local and international investors on Nigerian companies.
As a way of ensuring fairness and objectivity, every company will be offered a minimum of ONE WEEK response time to inquiries that may be raised after our team of financial experts might have analysed the financials to afford the affected companies opportunity to clear any observed grey areas.
Salami assures that the initiative is part of the company’s effort at ensuring sound corporate governance and robust economic integration, pledging that the platform will provide equal opportunities for all companies under its scrutiny.
Scorecard will be anchored by Tayo Adeleke, one of Nigeria’s emerging financial analysts with deep sense of statistical narratives.
Look out for this week’s incise report which focuses on Zenith Bank and GTBank, in an honest effort at peer review of the Nigeria’s banking system.
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