Recare Limited, makers of Natures Gentle Touch haircare model has emerged winner of the Next Bull award on the 2022 version of the Nigerian Investor Value (NIVA) Awards.
The extremely coveted award organised by BusinessDay Media and Nigeria Exchange
Limited recognises excellent non-public firms which have constructed robust nationwide manufacturers, market share and a popularity for requirements and processes, within the subsequent bull class.
Formerly often called the Top 25 CEOs & Next Bulls Awards, winners had been chosen by a proprietary survey carried out by the BusinessDay Research and Intelligence Unit (BRIU) with respondents together with fairness analysts, retail and institutional buyers, monetary journalists, sectoral consultants {and professional} advisers.
Speaking on the feat, Recare General Manager, Mr. Chijioke Anaele stated the popularity has additional impressed the corporate and its flagship model, the Natures Gentle Touch haircare vary to do extra for the Nigerian ladies.
“We acquired the most recent award in our kitty with nice enthusiasm. The NIVA Next Bull award reinvigorates our mission of providing ladies haircare options that assist them to specific individuality, unleash private type and reveal internal magnificence by the data of magnificence and elegance. It has given us extra causes to do extra, “ stated Anaele.
Speaking additional on the corporate based over 25 years by Mr. Chika Ikenga, Anaele famous that, “The story of Recare’s Natures Gentle Touch aligns with the Nigerian ladies. From the start, it has got down to be intentionally totally different. The goal was to offer each girl with a hair that’s 100% wholesome, stunning and pure by plant-based chemistry and use of natural components from the very starting.”
“The Recare model empowers customers to beat challenges like dandruff, hair breakage, alopecia, dry hair, receding hair line, sluggish hair progress, hair loss, weak or broken hair, dry hair and others to convey out the internal magnificence.
“Our footprint continues to develop as our merchandise have develop into accessible in lots of nations in Africa reflecting our willpower to bringing world-class private type options nearer to thousands and thousands of ladies and men, “ he said.
Since 2006, Recare additionally runs the Natures Gentle Touch Hair Institute by which it educates and empowers a brand new technology of magnificence professionals and supply world- class model expertise to customers. In the identical yr, Recare turned the primary firm to fabricate the complete no-lye relaxer package in Nigeria.
In his personal remarks, Chief Executive Officer, Nigerian Exchange Limited, Mr. Temi Popoola, who was represented by the Divisional Head, Capital Market, Mr. Jude Emeka, stated the award by the Businessday Media Limited underlined Nigeria Exchange Group’s aim of selling actionable and efficient multi-stakeholder dialogue on points central to a well-functioning monetary system.
While acknowledging that the winners are worthy and really deserving the honour, he clarified that the winners had been chosen from amongst firms which are lively and the buyers have expressed robust demand to personal their shares.
“As a accountable entity, recognized for aligning with finest world practices, we recognise the significance of company governance and efficient board management in driving sustainability on the enterprise entrance. That is why we select to not solely recognise listed firms who’re blazing the path in buyers relations however these additionally contributing to constructing a sustainable socio-economic commonplace in governance, regulation and compliance,” stated Popoola.
The Publisher, Businessday, Mr Frank Aigbogun remarked that the NIVA Award recognises leaders of non-public and public firms who’ve created sustainable alpha-generating worth for his or her shareholders by strategic priorities, operation effectivity, organisational values and advertising and marketing engagement actions.
He defined that COVID-19 was what most firms, together with Nigerian companies, by no means envisaged however the actuality at present is that Russian-Ukraine disaster has once more emphasised the necessity for backward integration and worth addition to the nation’s main produce.
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