Economy
Emotionally Healthy People Manage Finances Better—Experts
By Dipo Olowookere
Some experts in the health and finance sectors have opined that those who are emotionally healthy have the tendencies to manage their finances better than those with troubling emotions.
At a recent webinar organised by FBNQuest, the investment banking and asset management business of FBN Holdings Plc, they argued that there is a strong link between emotional wellbeing, personal finance and investing.
They said to overcome financial distress, it was important for an investor to always pay critical attention to emotional health as it has a way of making someone being overwhelmed, anxious and stressed over money.
At the webinar themed Your Emotional Health and Finances, a Consultant Psychiatrist and Forensic Medical Examiner, Dr Olusola Olowookere, submitted that, “Dealing with financial stress can cause anxiety and contribute to existing health issues, which have an impact on emotional wellbeing.
“At the same time, poor emotional health can hinder an individual’s ability to effectively manage their finances, which affects financial wellbeing.”
“People who are emotionally healthy are in control of their thoughts, feelings, and behaviours. They are also able to cope with challenges and have the ability to keep problems in perspective whilst dealing with setbacks,” Dr Olowookere added.
Also speaking, the Head of People and Knowledge Engagement at FBNQuest Merchant Bank, Ms Lolade Sasore, stated that, “The aftermath of the global pandemic has led to an increased sense of anxiety among individuals, families and businesses.”
“We believe that being aware of the correlation between financial and emotional stress might help individuals understand their state of emotional wellbeing and set them on a path to better health and happiness.
“As we observe the return to a different type of normal, we at FBNQuest are committed to facilitating and hosting more of such sessions that will contribute positively and help our collective transition,” she added.
Business Post reports that the event is part of the organisation’s Leading Conversations with FBNQuest Series and was held in partnership with Grey Insights.
FBNQuest launched its Leading Conversations with FBNQuest webinar series in 2020 and it focuses on market, industry, lifestyle, consumer insights and analyses that are crucial for individual and corporate success.
The events feature leading professionals of FBNQuest, as well as other industry experts in corporate and private investment management, wealth preservation, financial advisory and other areas of interest.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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