Economy
Isedowo: 25 Artisans Share N7.5m from Goldberg
By Dipo Olowookere
Last Friday, 25 artisans received N300,000 each from Goldberg during the Isedowo activation held in Ibadan, Oyo State.
The funding support, which is from the premium quality lager beer produced by Nigerian Breweries, is mainly to intervene in the financial challenges facing artisans in the south west region of the country.
During the event, which was well attended by a cross-section of artisans and citizens of the state with diverse interests, the 25 artisans commended Goldberg for the empowerment scheme.
The beneficiaries included auto mechanics, fashion designers, caterers, hair dressers, panel beaters, cobblers, traders and dry cleaners, all chosen through a rigorous but transparent process.
At the empowerment campaign, which took place at the Lekan Salami Stadium, Adamasingba, Ibadan, one of the beneficiaries, Orimadegun Ishola, described the scheme as laudable and worth emulating.
Ishola, a trader in bags and shoes, stated that he could now expand his business by buying more products for sale. “The empowerment scheme is timely and a huge relief,” he said.
Bakare Michael Taiwo, a panel beater, praised Goldberg for creating wealth and job opportunities in the Southwest. He said the grant would enhance his business as he would now be able to purchase additional working tools and build a workshop he had longed to have.
He affirmed: “Isedowo has taken that burden off me and has put smiles on faces of people in distress.”
Tolulope Soremi, a dry cleaner, who also extolled the brand, said he would buy a washing machine with the grant, while an elated Folake Sunday Christiana, a caterer, stated that she would buy an industrial oven used for baking about 300 meat-pies and a cutting machine with the grant. She added that Isedowo has made 2018 a blessed year for her. “I can now run my business with ease,” she said excitedly.
Commenting on the scheme, the Portfolio Manager, Mainstream Lager and Stout brands at Nigerian Breweries Plc, Mr Emmanuel Agu said the entrepreneurial intervention is part of Goldberg’s strong resolve to eliminate poverty and unemployment among people of the Southwest, especially artisans who have little or no capital to invest or expand their businesses.
According to him, Isedowo would in no small measure improve the living standard of people in the region.
“Goldberg through Isedowo has deepened its connection with the people of the Southwest by supporting their economic aspirations,” Agu said.
He disclosed that the next Isedowo empowerment scheme will take place in Abeokuta, Ogun State, on Friday, February 9, 2018.
To benefit from the initiative, interested participants are expected to showcase their business ideas and how they impact the society.
About 100 artisans across the Southwest region will be rewarded by Goldberg with N300,000 through Isedowo.
Activations have been successfully concluded in Osun, Ekiti and Ondo States where 60 artisans received similar grants.
Economy
NGX Group’s 65th Annual General Meeting Holds April 29
By Aduragbemi Omiyale
The 65th Annual General Meeting (AGM) of the Nigerian Exchange (NGX) Group Plc has been fixed for Wednesday, April 29, 2026, at 11:00 am at its corporate head office on 2–4 Customs Street, Lagos.
Business Post gathered that the meeting would be streamed live on the company’s website and social media platforms to enable broader participation by shareholders and stakeholders unable to attend physically.
As part of a special business, shareholders will consider a proposed bonus issue of one new ordinary share for every three existing shares held as at the close of business on April 10, 2026, subject to regulatory approvals.
The proposal also includes an increase in the organisation’s share capital from N1,102,309,954 to N1,469,746,605, to accommodate the bonus shares and amendments to the Memorandum of Association to reflect the new capital structure.
Also at the gathering, shareholders will consider and, if deemed fit, approve the company’s audited financial statements for the year ended December 31, 2025, alongside the reports of the directors, auditors, board evaluation consultants, and audit committee.
The meeting will also deliberate on the declaration of a final dividend and the re-election of three non-executive directors retiring by rotation, who are Mr Umaru Kwairanga, Mrs Ojinika Olaghere, and Dr Okechukwu Itanyi.
Other ordinary business items on the agenda include authorising the board to fix the remuneration of the external auditors, determining the remuneration of managers, and electing members of the statutory audit committee.
Economy
BNB Price Reflects Changing Dynamics in the Digital Asset Market
Economy
NASD Unlisted Security Index Crosses 4,000-point Benchmark Again
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange achieved a milestone on Friday, April 24, 2026, after five securities on the platform helped with a 1.85 per cent growth.
Data showed that the NASD Unlisted Security Index (NSI) again crossed the 4,000-point benchmark yesterday.
The index chalked up 73.64 points during the trading day to close at 4,052.59 points compared with the preceding session’s 3,978.95 points, while the market capitalisation added N5.38 billion to finish at N2.424 trillion versus Thursday’s closing value of N2.380 trillion.
The price gainers were led by Okitipupa Plc, which grew by N25.00 to sell at N305.00 per share compared with the previous price of N280.00 per share. Central Securities Clearing System (CSCS) Plc gained N6.92 to close at N76.26 per unit versus N69.34 per unit, Afriland Properties Plc appreciated by N1.00 to N17.00 per share from N18.00 per share, FrieslandCampina Wamco Nigeria Plc improved by 55 Kobo to N99.55 per unit from N99.00 per unit, and Food Concepts Plc increased by 5 Kobo to N2.70 per share from N2.65 per share.
However, there was a price loser, MRS Oil, which dipped by N21.75 to N195.75 per unit from N217.50 per unit.
During the final session of the week, the value of securities jumped 75.2 per cent to N41.3 million from N23.6 million units, and the number of deals expanded by 62.9 per cent to 44 deals from 27 deals, while the volume of securities declined marginally by 0.9 per cent to 447,403 units from 451,522 units.
At the close of trades, Great Nigeria Insurance (GNI) Plc was the most traded stock by volume (year-to-date) with 3.4 billion units worth N8.4 billion, trailed by Resourcery Plc with 1.1 billion units valued at N415.7 million, and Infrastructure Guarantee Credit Plc with 400 million units traded for N1.2 billion.
GNI was also the most active stock by value (year-to-date) with 3.4 billion units sold for N8.4 billion, followed by CSCS Plc with 59.6 million units transacted for N4.0 billion, and Okitipupa Plc with 27.8 million units exchanged for N1.9 billion.
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