Economy
Julius Berger Appoints Mike Adenuga’s Daughter as Director
By Modupe Gbadeyanka
Daughter of business mogul, Mr Mike Adenuga, Mrs Belinda Ajoke Disu, has been appointed into the Board of Directors of Julius Berger Nigeria Plc as a non-executive director.
Mrs Disu was announced as a director of the leading construction firm alongside Mrs Gladys Olubusola Talabi in a statement made available to the Nigerian Stock Exchange (NSE) last week.
Appointments of both new directors, according to Julius Berger Nigeria Plc, will take effect from Friday, June 30, 2017.
Mrs Disu obtained her first degree in Political Science & International Relations from the University of Massachusetts, Boston, USA in 2004 and she is presently pursing a Master’s degree in Leadership, Concentration in Project Management from the Northeastern University also in Boston, USA.
She started her career at Globacom Limited and held the position of Sales Executive, Lagos Zone from 2004 to 2006. She was later made the Shop Manager of the same telecom firm from 2006 to 2007, before she was promoted to become Head of Gloword in December 2007, a position she held till July 2009.
Mrs Disu, who got married to Mr Jameel Disu in 2010, is presently a Group Executive Director at Globacom Limited.
On her part, Mrs Gladys Olubusola Talabi, born on May 29, 1956, had her Bachelor of Law degree from the University of Lagos (UNILAG) in 1977.
She started her career at O Beckley & Co, a law firm, in 1977 and left in 2002.
However, during the time, she worked at Societe Generale Bank of Nigeria Limited from 1982 to 1989, where she was Head of Legal Department.
From 1978 to 1981, Mrs Talabi worked as a Senior State Counsel in the Lagos State Ministry of Justice.
She is presently the Executive Director of Legal Services/Security at Globacom Limited.
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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