Economy
Isedowo: Goldberg’s Empowerment Scheme Moves to Oyo
By Dipo Olowookere
The empowerment scheme of Goldberg lager beer produced by Nigerian Breweries, Isedowo, is moving its ongoing campaign to Oyo State where it will support Artisans with grants of N300,000 each to grow their businesses.
The Oyo State activation will take place at Lekan Salami Stadium car park, by Gate 5, Adamasingba, Ibadan, on Friday, February 2, 2018.
This is coming at the heels of successful activations in Osun, Ekiti and Ondo States where 60 artisans have received N300,000 each to support the growth of the businesses.
The activation in Oyo State will commence with submission of business proposals followed by collation and sorting of applications, audition and screening, trade visit and cheque presentation to beneficiaries.
The scheme is part of the Goldberg brand’s affinity with the people of the Southwest beyond culture and tradition. One hundred artisans across the south western region will benefit from the scheme in the end.
Beneficiaries have commended the brand in all the states where the activation has taken place.
For instance, Yakub Abdulazeez, an auto mechanic, who declared that the scheme is worth emulating, stated that he bought working tools and has started selling spare parts from the grant.
Also, Ayodele Adebalogun, an aluminium fabricator, said Isedowo provided a relief from the daunting struggle to raise capital. He added that after buying a new cutting machine for his work, he has been able to support his wife’s catering business.
The Portfolio Manager, Mainstream Lager and Stout brands, Nigerian Breweries Plc, Mr Emmanuel Agu said that through Isedowo, Goldberg has demonstrated an unwavering commitment to improving the businesses of artisans in the Southwest, as capital for investment and expansion has been a major challenge to most of them.
“Isedowo has also reduced the rate of unemployment in the region as the grants have led to job and wealth creation in the region,” Mr Agu stated.
He announced that the last Isedowo activation would take place at Loriani Bar, Tinubu Street Ita-Eko Abeokuta, on Friday, February 9, 2018.
To benefit from the interventionist scheme, participants are expected to showcase their business ideas and how they impacted the society.
Launched in August 2017 by the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Isedowo has received wide commendation from monarchs and other respected individuals in Yourubaland.
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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