Diamond Bank boosts financial journalism with N5.5m award
Category: Investors NewsBeat
Jun 28, 2010
Diamond Bank has concluded plans to reward journalists who excel in the field of financial reporting.The award aptly tagged Diamond Bank Awards for Excellence in Financial Reporting, is the first to be instituted by any Nigerian Bank for print journalists.
According to the Head, Corporate Communications of Diamond Bank, Mr. Charles Udoh, the annual award is a platform to reward media men and women who have consistently promoted the financial services industry through responsible and professional journalism. It is also an opportunity to promote creativity, professionalism and excellence in financial reporting in Nigeria.
“Diamond Bank believes the award would go a long way towards motivating these exceptional individuals to continuously aspire to give their utmost best in pursuance of excellence in their chosen profession; and by extension help improve the standard of journalism in Nigeria to match the very best in the world. In summary, Diamond Bank is celebrating exemplary print journalism in Nigeria.”
The winning entry will be rewarded with a cash prize of N3m. The 2nd and 3rd best entries will be rewarded with N1.5m and N1m respectively.“To ensure the award is a resounding success, we have rigorously selected individuals who have distinguished themselves and provided leadership in several capacities within the sphere of their chosen profession to constitute the Panel of Judges.The Judges will review entries and select winner based on the following criteria – originality, content, language, writing style, objectivity and balance. Details of the award will be announced in the next few days in newspapers and on www.diamondbank.com,” he said.
Udoh added that Nigerians needs the best available information in order to make sound decisions on the issues that shape our national life.“The annual Diamond Bank Award for Excellence in Financial Reporting will be a catalyst for improving the quality of public information through excellence in journalism and we hope that these awards will add value to media industry and practitioners; as well as the financial sector of Nigeria’s economy.”