United Capital Plc has released its unaudited results for the first quarter of the year (Q1, 2021).
See link to results.
NEM Insurance Plc has announced the appointment of Mr Idowu Semowo as its new Chief Financial Officer (CFO) effective from 1st of February, 2021.
This is according to a disclosure signed by the firm’s secretary, Olajumoke Philip-Akede and made available on the website of the Nigerian Exchange Group Plc (NGX), as seen by Nairametrics.
As part of his responsibilities, Idowu will support the Board in driving the Group’s strategic vision and harnessing greater wealth building opportunities for shareholders. Sequel to this, the board expressed optimism and trust in the capability of the new CFO to deliver.
Profile
Mr Idowu is a financial industry expert with over thirty years of experience in banking, stock broking and auditing, having worked for firms like Universal Trust Bank, MBC International Bank and Kinley Securities Limited, among others.
He is a fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Bankers of Nigeria, and an Associate of the Chartered Institute of Stockbrokers of Nigeria [ACS].
What you should know:
For more information about the recent appointment, click HERE.
Transcorp Hotels Plc, a subsidiary of Transnational Corporation of Nigeria, has notified the public of the retirement of two of its Directors- Mr Valentine Ozigbo and Hajia Saratu Umar.
According to a disclosure signed by the company’s secretary, Chike Anikwe and sent to the Nigerian Exchange Group Plc, the recent action was communicated to relevant stakeholders during the company’s recently concluded Annual General Meeting (AGM) held on the 26th of April, 2021.
About the retirees
Mr Valentine Ozigbo is an astute businessman cum politician, with over two decades of experience in banking and hospitality. He was a former president and CEO of Transnational Corporation of Nigeria Plc and Member of Nigeria Institute of Directors. He was appointed into the board of Transcorp Hotels Plc as Non-Executive Director in 2019.
Mr Ozigbo is an alumnus of the prestigious University of Lancaster and the University of Nigeria, Nsukka where he obtained an MBA and BSc degree respectively.
Hajia Saratu Umar is an accomplished banker, economist and strategist with over 25 years of working experience. She was appointed into the board of Transcorp Hotels Plc as Independent Non-Executive Director in 2016. Prior to joining Transcorp, she was the former Chief Executive Officer & Secretary at Nigerian Investment Promotion Commission and Secretary of Nigerian Export – Import Bank.
She obtained an MBA and a BSc degree in Economics from the prestigious Ahmadu Bello University.
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GlaxoSmithKline Consumer Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021).
See link to results.
Livestock Feeds Plc released its unaudited results for the first quarter of the year (Q1, 2021).
See link to results.
Pharma Deko Plc released its unaudited results for the first quarter of the year (Q1, 2021).
See link to results.
Chemical and Allied Products Plc (CAP ) released its unaudited results for the first quarter of the year (Q1, 2021).
See link to results.
Fidelity Bank Plc released its unaudited results for the first quarter of the year (Q1, 2021).
See link to results.
Wema Bank Plc has released its full-year audited results for the period ended 31st of December, 2020.
See link to results.
The Board of LivingTrust Mortgage Bank Plc has proposed a final dividend of N50 million to its shareholders for the period ended 31st of December, 2020.
The company’s Board made this announcement in a notification published on the website of the Nigerian Exchange Group Plc (NGX), stating that a dividend of 1 kobo per share will be paid on all the issued 5,000,000,000 ordinary shares of the company.
Ceteris paribus, the dividends will be paid electronically to qualified shareholders on 14th of June, 2021. Qualified shareholders are those, whose names appear on the Register of Members as at close of business on 21st of May, 2021. Other qualifying conditions are;
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