African Alliance Insurance Plc released its unaudited financial results for the period ended 30th of June, 2021.
See link to results.
African Alliance Insurance Plc released its unaudited financial results for the period ended 31st of March, 2021.
See link to results.
The Board of Directors of C & I Leasing Plc has announced the appointment of three individuals into its senior management. They are; Mr Ugoji Lenin Ugoji (Chief Operating Officer), Mrs Adetutu Sanni (Chief Commercial and Strategy Officer) and Mr Olumuyiwa Oshomoji (Chief Marketing Officer-Marine).
This was disclosed by the firm via a statement signed by its secretary, Mbanugo Udenze & Co and made available on the website of the Nigerian Exchange Limited (NGX).
About the new appointees
Mr Ugoji Lenin Ugoji: Ugoji joins C & I Leasing with over 20 years’ experience in Commercial/Investment Banking, Leasing and Asset Management. Prior to his recent appointment, he gained valuable work experience from the Mellanby Trust Company, a Commodity focused Asset Management Company, where he was a founding Director and the Chief Investment Officer responsible for directing the company’s Investment Portfolio structure for purposes of its corporate and individual clients. He also gained relevant working experience from the Aquila Capital Group, where he served as the pioneer Group Head Treasury & Wealth Management.
Mr. Ugoji also worked for leading banks in Nigeria, such as Continental Trust Bank (now UBA) and NAL Bank Plc (now Sterling Bank).He holds a Bachelors’ Degree in Estate Management from the University of Lagos, and an MBA in Banking & Finance from the ESUT Business School, Enugu. He is also a Chartered Pension professional, and an associate of the Certified Pension Institute of Nigeria
Mrs Adetutu Sanni: Adetutu boasts of over 20 years of relevant career experience spanning Sales & Marketing, Product Development, Strategy Formulation & Implementation, Corporate Communications and Development and Human Capital Management at executive management level. She started her career in 1996 with Vigeo Holdings, managing various business development positions and left the company in 2005 as Head of Marketing and Business Development at CitiServe Limited, a subsidiary of Vigeo Holdings.
Prior to joining C & I Leasing, Adetutu served as Chief Operating Officer for Courierplus Services Limited where she supported the CEO in the management of the sales and operations of the company. She served various capacities in five of Superflux Group companies during her fifteen-year stint with the company including her role as pioneer Chief Operating Officer of Superflux International (Ghana) Limited between 2009 and 2010. Adetutu is an alumna of Obafemi Awolowo University where she studied Economics and she is currently wrapping up an Executive MBA program with Business School, Netherlands.
Mr. Olumuyiwa Oshomoji: Muyiwa is an alumnus of the University of Lagos where he studied Civil, Structural & Environmental Engineering and holds a Diploma in ‘Shipping Education for emerging Managers’ from the Moller Maersk International Shipping Education, in South Africa. He also holds an Executive MBA from EM Lyon Business School, Lyon, France. Muyiwa joins C & I after 12 years of experience with the Bourbon group where he exited as the Director Business Management in 2020. During his time in Bourbon he served in diverse leadership, strategy, commercial and operational roles, both locally and internationally.
About C & I Leasing Plc
C&I Leasing Plc is a Nigerian public limited maritime company formed in 1990, with an objective of providing both operating and finance leases and other services. The Company’s principal activities include extension of structured operating and finance leases to the productive and other sectors of the economy.
Royal Exchange Plc released its audited full-year results for the year ended December 31, 2020.
See link to results.
Royal Exchange Plc has announced that it will be a virtual hosting a Board of Directors meeting on Wednesday, 13th of October, 2021 by 10:00 am prompt. The meeting will be held via zoom
According to a notice issued by the company and filed with the Nigerian Exchange Limited (NGX), the meeting will enable the board members to receive and consider the unaudited financial statements of the company for the period ended September 30, 2021 and discuss other relevant issues affecting its operations.
Consequently, in line with the Rule 17&18(b) of the Nigerian Exchange Limited Rule Book, the firm have commenced a closed period from 30th of June, 2021 until twenty-four (24) hours after the outcome of the meeting and the Bank’s unaudited financial statements for the aforementioned period have been filed with the NGX and made public.
During the closed period, all insiders of the company such as; directors, employees, advisers, consultants and any other person (s) with insider’s information and their connected persons are prohibited from transacting in the shares of the company.
To access the disclosure, click HERE.
Union Bank Plc has announced that it will be a hosting a Board of Directors meeting on Monday, 25th of October, 2021 to discuss and approve the Bank’s unaudited financial statements for the period ending September 30, 2021.
This is according to a notice signed by the company’s secretary, Somuyiwa Sonubi and filed with the Nigerian Exchange Limited (NGX). The notice partly reads: ‘’ In compliance with The Nigerian Exchange (“NGX”) Rule Book and the Amendments to the Listing Rules, Union Bank of Nigeria Plc (“the Bank”) hereby notifies NGX and our esteemed stakeholders that the Board of Directors of Union Bank of Nigeria Plc (“the Board”) is scheduled to approve the Unaudited Financial Statements for the period ended 30 th September 2021, on Monday 25th October 2021.’’
Consequently, the Bank will be observing a closed period from Friday, 1st of October, 2021 until twenty-four (24) hours after the outcome of the meeting and the Bank’s unaudited financial statements for the aforementioned period have been filed with the NGX and made public.
During the closed period, all insiders of the company such as; directors, employees, advisers, consultants and any other person (s) with insider’s information and their connected persons are prohibited from transacting in the shares of the company.
To access the disclosure, click HERE.
Chams Plc has notified its shareholders and the investing public of its imminent Board of Directors Meeting scheduled to hold on Tuesday, October 26, 2021.
This is according to a notice signed by the company’s secretary, Yetunde Emmanuel and filed with the Nigerian Exchange Limited (NGX).
According to the notice, the meeting was scheduled to consider among other things the unaudited financial statements of the company for the nine months period ending 30th of September, 2021. To facilitate this, the company declared that it will be observing a closed period from Friday, October 1, 2021 until 24 hours after the announcement of the outcome of the meeting and the unaudited financial statement for the period ended September 30, 2021 has been published to the Market.
During the closed period, all insiders of the company such as; directors, employees, advisers, consultants and any other person (s) with insider’s information and their connected persons are prohibited from transacting in the shares of the company.
To access the disclosure, click HERE.
Seplat Energy has notified its shareholders, the Nigerian Exchange Limited (NGX) and the investing public of its imminent Board of Directors Meeting scheduled to hold on Wednesday, 27th of October, 2021.
According to a statement signed by the company’s secretary, Mrs Edith Onwuchekwa, the meeting will avail the Board members the opportunity to discuss the company’s Q3 2021 financial results.
The details of the meeting are as follows;
Additional, in line with the provisions of Clause 17:18 of the Nigerian Exchange Limited Listing Rules (as amended), the firm announced that it will be observing its closed period from Thursday 30th of September, 2021 to Friday, 29th of October, 2021 or 24 hours after the release of its financial results.
Accordingly, no Director, Employee, Person Discharging Managerial Responsibility, Adviser(s) of the Company and their connected persons may directly or indirectly deal in the shares of the Company in any manner during the closed period.
About SEPLAT
Seplat ENERGY Plc is a leading indigenous Nigerian energy company with a strategic focus on Nigeria, listed on the Premium Board of the Nigerian Exchange Limited (“NGX “) (NGX:SEPLAT) and the Main Market of the London Stock Exchange (“LSE”) (LSE:SEPL)
MTN Nigeria Plc has notified its shareholders, the investing public and other relevant stakeholders that it will be hosting a Board of Directors Meeting on Thursday, October 28, 2021.
This is according to a notice signed by the company’s secretary, Uto Ukpanah, and filed with the Nigerian Exchange Limited (NGX).
According to the notice, the board meeting is scheduled to enable the Directors review and approve the company’s unaudited financial accounts for the nine months ending 30th of September, 2021.
In line with the post-listing requirements of the NGX, the company will be observing a closed period from October 1, 2021 until 24 hours after the financial results have been released to the NGX and made public. During the closed period, all insiders and their connected persons are prohibited from trading (i.e buying, selling, transferring or otherwise dealing) in the company’s shares.
For more information about the disclosure, click HERE.
AXA Mansard Insurance Plc has announced the successful completion of its share reconstruction exercise, and the subsequent lifting of the closed period embarked upon by the firm during the period.
This was confirmed by the firm in a recent press release signed by its secretary, Mrs. Omowunmi Mabel Adewusi, and filed with the Nigerian Exchange Limited (NGX).
Recall that in an earlier notice dated 7th of September 2021, the Insurance firm had notified shareholders and the investing public of its plans to reconstruct or redenominate its shares from a nominal value of 50 kobo to N2 per share. The firm claimed that it had obtained approval from its shareholders during its Extraordinary General Meeting to proceed with this.
In a bid to facilitate the reconstruction exercise, trading in the shares of AXA Mansard Insurance Plc were suspended from Thursday 9th of September, 2021, so that shareholders’ register can be updated with the reconstructed shares.
However, in a recent development, the firm has notified its shareholders and the general public that it has completed the exercise and lifted the embargo placed on the trading of its shares. Confirming the recent development, the insurance giant in the recent press release said: ‘’Following the communication to the Nigerian Exchange Limited and to the esteemed shareholders, dated 7 September 2021, on the planned suspension of trading on the shares of AXA Mansard Insurance Plc (“AXA Mansard” or the “Company”) on 09 September 2021, in order to effect the share reconstruction / redenomination of AXA Mansard shares, kindly note that the share reconstruction has now been effected, and the reconstructed shares have been credited to each shareholder’s account.
‘’The suspension of trading on the Company’s shares has also been lifted and the shares can now be traded. Please take this as notice in respect of the above.’’
What you should know: