Metro

May & Baker Nigeria’s N2.45 Billion Rights Issue Closes Wednesday

Shareholders of May & Baker Nigeria Plc have only three days to take up their rights   and increase their stake in the pharmaceutical manufacturing firm. The company is raising N2.45 billion in new equity funds through a rights issue of 980 million shares of 50 kobo each at N2.50 per share to existing shareholders. While application list  had opened on Monday …

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Sekibo Emphasizes Need For Human Capacity Development Amongst Staff Of Banks

The MD/CEO of Heritage Bank Plc, Ifie Sekibo has emphasized the importance for human capacity development amongst staff of financial institutions for improved operations. The MD who stated this at a 3-day yearly Internal Control and Audit Conference organised by Heritage Bank in Lagos, said training acquired personally and arranged by corporate organisations to individuals is useful not only to …

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NCAA Warns Pilots, Airline Operators On Seasonal Hazardous Weather

NCAA

The Nigerian Civil Aviation Authority (NCAA) has warned Pilots and airline operators to observe safety precautions in line with Nigeria Civil Aviation Regulations (Nig.CARs) during flight operations in adverse weather conditions. This warning was contained in an Advisory Circular with reference no. AC: NCAA-AEROMET- 26: to all Pilots and Airline Operators signed by the Director General of the Authority, Capt …

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Presco Emerges 2018 Agric Firm As MD Bags CEO Of The Year Award

A key player in the agriculture sector of the Nigerian Stock Exchange (NSE), Presco Plc, has emerged winner of the Agriculture Company of the year 2018. At a colourful ceremony held at Eko Hotels in Lagos on Sunday, the Board of Governors of Pearl Awards, organizers of the event also announced the Managing Director of Presco Plc, Felix Nwabuko as …

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SEC DG At 2018 PEARL Awards

Photo Caption: From left: Acting Executive Commissioner Operations Securities and Exchange Commission, SEC Mr. Isyaku Tilde, President PEARL Awards, Mr. Tayo Orekoya, Acting Director General SEC, Ms. Mary Uduk, President Association for the Advancement of the Rights of the Nigerian Shareholders, Chief Faruk Umar, and President Nigeria Stock Exchange, Mr. Abimbola Ogunbanjo at the 2018 PEARL Awards Advertisement

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Financial Inclusion will Aid Economic Growth – Uduk

SEC

The Securities and Exchange Commission, SEC has restated its desire to pursue initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy. Acting Director General of the Securities and Exchange Commission (SEC) Ms. Mary Uduk stated this in her remarks at the 2018 PEARL Awards Night held in Lagos, Sunday. Uduk said that …

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Train ‘Beheads’ Trailer In Agege

Dayo Emmanuel A fully loaded trailer this afternoon had its head cut off by a moving train around Ashade area of Agege, Lagos. According to eye witness report, the train was coming from Ikeja and approaching Agege when the incident occurred near the Ashade market around Guiness, Ikeja. A tricycle operator told National Wire that after the accident, the trailer …

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We Won’t Stop Until We Capture Ogun State for Atiku – Princess Ronke Ogunremi

The Coordinator of Atiku Presidential Campaign Organisation Women Mobilisation Committee, Ogun State Chapter, Hon. Princess Ronke Ogunremi has pledged that her group will continue spreading the good tidings of the Peoples Democratic Party Presidential Candidate, Alhaji Atiku Abubakar till victory is ascertained. She made this known during a two day workshop put together to sensitise women on the need to …

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Atiku, MKO Ushered In Nigeria’s Democracy- Gbenga Daniel

Atiku

The former Governor of Ogun State and Director General of the Atiku Presidential Campaign Organisation (APCO), Otunba Gbenga Daniel has stated that the joint sacrifices of Late Chief MKO Abiola and Alhaji Atiku Abubakar in 1993 metamorphosed into the current stable democracy Nigeria enjoys. Otunba Daniel made this assertion while delivering the keynote address at the City People Magazine’s 22nd …

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NAICOM Cancels Insurance Industry’s Recapitalisation

naicom

The National Insurance Commission has cancelled the Tier Based Solvency Capital recapitalisation of the underwriting sector with immediate effect. The commission gave this notice in a circular to all insurance companies on ‘Withdrawal of circular on Tier Based Solvency Capital policy for insurance companies in Nigeria’, which was signed by the Director, NAICOM, Mr Agboola Pius, on Friday. It stated, …

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