Economy
Goldberg’s Isedowo: 22 Artisans Get N6.6m in Ekiti
By Modupe Gbadeyanka
Not less than 22 entrepreneurs in Ekiti State have received grants of N300,000 each to support their businesses.
The funding support was given to them when the train of the ongoing Goldberg empowerment initiative called Isedowo stopped in Ado Ekiti, Ekiti State, on Friday, September 22, 2017.
The artisans were among the 100 participants Goldberg plans to support with N300,000 through Isedowo across Southwest Nigeria.
One of the beneficiaries, Eniola Awe, a fashion designer, who expressed her joy during the cheque presentation ceremony, said, “l am highly delighted to be among the beneficiaries. I commend Goldberg for supporting my dreams of becoming a successful entrepreneur. I urge consumers to make Goldberg the preferred choice in Ekiti and the whole of the Southwest.”
Also, Kayode Omoyeba, a carpenter, remarked “l commend Goldberg and Nigerian Breweries for the empowerment scheme which will go a long way in enhancing my business. I have been thinking of how to buy work tools for a while and Goldberg has relieved me of that burden. I am now a happy man and this initiative is worth emulating.”
Other artisans which included motor mechanics, tailors, caterers, carpenters, makeup artists, electricians and an artist also commended Goldberg for assisting them with funds to boost their businesses.
Commenting on Isedowo, the Portfolio Manager, Mainstream Lager and Stout brands, Nigerian Breweries Plc, Mr. Emmanuel Agu, said “Goldberg would, through the scheme, extend its affinity with the people of the Southwest beyond culture and tradition to entrepreneurship.” That way, he added, “it would have positioned itself as an empowerment platform that shares the aspirations of the people.”
To benefit from the initiative, interested participants are expected to showcase their business ideas and how they impact the society.
The initiative, which was launched last month by the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II, in his palace, has received wide commendation from prominent monarchs in the Southwest.
Known for its leading role in promoting culture and tradition, Goldberg through Isedowo has deepened its connection with the people of the South-west by supporting their economic aspirations.
The scheme which has so far supported artisans in Osun and Ekiti states will also activate in other Southwestern states in the coming weeks.
Economy
SEC Postpones Q2 2026 Pre-registration Training, Examination for CMOs
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.
Economy
Fidson Lists Additional 600 million Shares on Stock Exchange
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.”
Economy
FG Approves Payments to 1,240 Contractors to Ease Liquidity Pressure
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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