LAGOS 9 October 2017 – PwC Nigeria, in continuation of its resolve to celebrate and reward excellence in business reporting in Nigeria last Friday in Lagos, doled out a total sum of N2,600,000 to journalists whose entries were adjudged to be outstanding in the second edition of its Media Excellence Award.
A total of 127 entries were submitted by journalists across all platforms in four categories, namely, Tax Reporting, Capital Market Reporting, SME Reporting and Business & Economy Reporting. Winners in each of the categories went home with N500, 000 each while the first and second runner up got consolation prizes of N100,000 and N50,000 each respectively.
Of the 127 entries received, 69 were for Business & Economy Reporting; 26 for SME Reporting; 19 for Capital Market Reporting and 13 for Tax Reporting.
In his welcome speech at the gala nite, Uyi Akpata, Country Senior Partner, PwC Nigeria noted that having observed gaps in the practice of journalism in Nigeria as seen in sloppy reports, uninformed opinions, poorly researched stories and inelegantly edited articles, the firm decided four years ago to bridge this gap by instituting the annual Capability Enhancement Workshop for journalists. “We decided last year to expand our intervention by rewarding those journalists who were exceptional at their work hence the birth of the Media Excellence Awards.” He said
“Beyond just giving out the cash prizes, we hope that this award becomes a motivating factor for journalists working in Nigeria to improve the quality of their reports and take greater interest in business reporting which is critical to the socio-economic development of our country.” Akpata added.
Speaking on behalf of the judges, Taiwo Oyedele, Head of Tax and Regulatory Services, PwC Nigeria, observed that there was a significant increase in the number and quality of entries this year across all categories, and commended the entrants for raising the bar.
Isaac Anyaogu of BusinessDay Newspapers, Victor Ekwealor of TechpointNG and Akinkunmi Obakeye of Ripples were the finalists in the Business and Economy Category. Ekwealor won the first prize for his article titled: “Can technology help dried fish nourish the Nigerian economy?” with Obakeye and Anyaogu coming second and third respectively.
In the Tax Reporting Category, Collins Nweze of The Nation newspaper emerged tops with his article titled: ‘“Taxation: endless games…endless controversies”. The other shortlisted entrants were Isaac Anyaogu of BusinessDay who came second and Kolawole Talabi of TRT World magazine who came third.
Nkiruka Nnorom of Vanguard Newspaper was the winner of the Capital Markets Reporting category for her entry “Furor over conversion of dollar debts to equity”. She was shortlisted alongside Gbenga Ogundare of National Daily who emerged second and Victor Ekwealor of TechpoingNG who top the third prize.
The SMEs Reporting prize was contested for by Isaac Anyaogu of BusinessDay, Eromo Egbejule of Ventures Africa and Gbenga Ogundary of National Daily. Anyaogu clinched the prize for his story “Pennies for a piece of the sun with Ogundare and Egbejule coming second and third respectively.
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