“We are working very rapidly to provide a significant emergency financing to Nigeria,” Georgieva said on a webcast held by the Atlantic Council. “I expect this to be done by the end of the month.”
International Monetary Fund Managing Director Kristalina Georgieva said on Monday that she expected the Fund to have provided Nigeria with significant emergency financing by the end of April, signaling likely IMF board approval for the oil exporter’s $3.4 billion request. The IMF’s board on Tuesday is scheduled to consider a Nigeria’s request for the emergency financing to combat the impact of the coronavirus. Source: Reuters
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WAPIC Insurance Plc – Appointment of New Chairman of Board
Sunmonu succeeds Aig-Imoukhuede as Chairman, Wapic Insurance Plc, whilst Bode Osunkoya is appointed Chairman, Wapic Life Assurance Ltd The Board and Management of Wapic Insurance today announced the appointment of Mutiu Sunmonu CON as the Chairman of its Board of Directors and Bababode Osunkoya as Chairman of its subsidiary, Wapic Life Assurance Ltd. By this appointment, Sunmonu and Osunkoya succeed Aigboje Aig-Imoukhuede CON, who retired effective April 27, 2020 after 8 years of diligent and committed service to both organisations. Read more
We write to notify The Nigerian Stock Exchange (The Exchange), our stakeholders and the investing public that the meeting of the Board of Directors of NEM Insurance Plc (the Company) is scheduled to hold on Monday, May 11, 2020 to consider amongst other things, the Unaudited Accounts and Financial Statements for the period ended March 31, 2020. Read moreWAPIC INSURANCE PLC– Letter to Stakeholders Board Succession Communication
I wish to inform you that I have come to the end of my tenure as the Chairman of the Board of Directors of Wapic Insurance and its subsidiary – Wapic Life Assurance Ltd. Accordingly, I will be retiring from the Board of both companies effective April 27, 2020. Serving as Chairman of the Board of Directors of Wapic Insurance and Wapic Life Assurance over the past 8 years, has been quite challenging but most fulfilling and has strengthened my belief in the capacity for ordinary people to come together and achieve extraordinary things. Read more
We write to formally notify the investing public and The Exchange that the 7th Annual General Meeting of Africa Prudential Plc scheduled to hold by Proxy on Tuesday, April 28, 2020 at 11.00 am in line with Guidelines issued by the Corporate Affairs Commission, would now be held virtually via Zoom, an Online Meetings Platform. Read more
We hereby give Notice that a meeting of the Board of Directors of Law Union Insurance PLC (the Company) will hold on Tuesday, 12th May 2020, via videoconferencing to consider the Company’s Q1 2020 Unaudited Financial Statement. Read more
United Capital Plc – AGM
We write to formally notify the investing public and The Exchange that the 2020 Annual General Meeting of United Capital Plc scheduled to hold by Proxy on Tuesday, April 28, 2020 at 11.00 am in line with Guidelines issued by the Corporate Affairs Commission, would now be held virtually via Zoom, an Online Meetings Platform. Read more
FCMB GROUP PLC appoints a new NonExecutive Director
FCMB Group Plc hereby announces the appointment of Mrs. ‘Tokunboh Ishmael to its Board as a Non – Executive Director, following the approval of the Central Bank of Nigeria. Mrs. ‘Tokunboh Ishmael is an alumnus of the London Business School and the University of London. She is a Chartered Financial Analyst and a member of the CFA Institute and the board of the African Venture Capital Association. Read more