Economy
KADCCIMA to Enhance Investment Inflow Via Trade Fair
By Modupe Gbadeyanka
Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) has unveiled plans to use its upcoming fair to improve investment inflow in the country through public-private partnerships.
Second Deputy President and Chairman of Kaduna international trade fair (KITF), Mr Suleiman Aliyu, addressing journalists at a press briefing, explained that recent reports suggest that to address Nigeria’s huge infrastructure challenges would require between $12 to $15 billion yearly for the next six years to meet its infrastructure requirements, adding that it has become evident that the federal government alone cannot muster the resources to meet this need.
He said the fair, scheduled to hold from Friday, February 24, to Sunday, March 6, 2017 in Kaduna, would be used to open up investment opportunities to address the nation’s infrastructure challenges.
“It is no wonder, therefore, that majority of infrastructure projects currently underway at both State and Federal levels are powered by PPPs,” he said.
He said the chamber’s fair tagged ’Promoting public private partnership as panacea for accelerated growth and development’ would explore areas of investment opportunities to complement federal government’s effort to develop the nation’s infrastructure facilities.
“It is our belief that promoting public private partnership (PPP) will go a long way in reducing the addiction on oil and gas by the federal government as the major source of revenue for developmental programme in Nigeria,” he said further.
According to him, preparations for the 38th edition of the Kaduna international trade fair (KITF) have reached advance stage, maintaining that the fair as usual, would attract both local and international participants, contacts with investors, manufacturers, marketers and distributors within and outside the country.
He pointed out that the chamber is in close contact with all relevant ministries, department and agencies (MDAs) at the Federal and State levels. “As we are aware, the Nigerian economy is facing a number of serious challenges which include the problem of dwindling revenue, high exchange rate due to scarcity of foreign exchange, high inflation rate, closure of businesses leading to increase in unemployment, saying that these bottlenecks led to the current economic recession
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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