Institute of Chartered Accountants of Nigeria (ICAN) yesterday advised firms to ensure consistency in making public their yearly reports and financial statements.

This, they argued, would enable stakeholders to assess the ability to create sustainable value and deepen investors’ confidence in the economy.

The President of ICAN, Dr Haruna Yahaya, led the call at the 2026 ICAN Corporate Reporting Award held in collaboration with NGX Regulation Limited, in Lagos.

He explained that in an era defined by uncertainty and transformation, organisations must clearly articulate the risks they face, the opportunities they pursue, and the strategies they deploy to create sustainable value.

According to Yahaya, when transparency is strengthened, trust is built, adding that when trust is built, investment follows into the country, stressing that investors are no longer looking merely for profitability; rather, looking for credibility, foresight, and sound governance among firms.

The ICAN president highlighted that the first two editions of the programme were conducted with rigour, integrity, and transparency, stressing that the third edition builds on that strong foundation.

He also lauded firms for commitment to transparency, accountability, and responsible corporate conduct, which he said sets them apart as leaders within the business community.

He stressed that by complying with standards, they were strengthening investor confidence and contributing meaningfully to the stability and growth of our economy.

The Chief Executive Officer, NGX Regulation Limited, Mr Olufemi Shobanjo, who noted the evolving landscape of corporate reporting, described good corporate reporting as a source of transparency in the management of organisations. According to him, it ensures that stakeholders have access to the quality information necessary to make informed investment decisions, thereby fostering trust and enhancing investor confidence.

He emphasised that as a self-regulatory organisation, NGX RegCo is dedicated to ensuring these heightened expectations are met.

In the top awards for the Platinum Category, Seplat Energy emerged winner; Airtel Africa Plc won the Gold Category, while in the Silver Category, Access Holdings Plc won.

Also, MTN Nigeria Communication Plc won the best award in financial reporting, Zenith Bank Plc emerged best in corporate governance, First HoldCo Plc is the best in sustainability reporting, while International Breweries Plc won the most improved overall.

arlier, the Director General, Securities and Exchange Commission (SEC) Nigeria, Dr Emomotimi Agama, who was represented at the forum, said strong corporate reporting improves investors’ confidence, stressing that SEC would continue to work with ICAN/NGX to strengthen corporate reporting in Nigeria.

hief Executive Officer, Financial Reporting Council of Nigeria, Dr Rabiu Olowo, said the Council considered best practices in corporate reporting as important and assured that FRC would continue to support the initiative.