Economy
LCCI Holds Seminar on Investment Opportunities, Risks
By Modupe Gbadeyanka
The Lagos Chamber of Commerce and Industry (LCCI) has announced that it would hold its Economic and Business Outlook Seminar 2020 next week.
A release from the organisation said the event is specifically fixed for Thursday, January 23, 2020 and is themed Private Sector Investment: Opportunities and Risks 2020.
It was stated that the focus of the seminar is to facilitate stakeholders’ discussions on the practical issues, opportunities, threats, policies and regulations needed to achieve our desired economic goals by answering some key questions.
The LCCI said these questions include what is the private sector investment threshold required to achieve Nigeria’s economic growth target? How do we position the markets (commodity, financial, foreign exchange, etc) to accelerate growth? How do we develop and deploy our resources to achieve higher productivity and deepen growth? What policy framework is required to accelerate private sector investment across sectors? And What role will sub-national/state governments play to increase investment?
It was stated that to find answers to the above posers, participants will have to gather at the Commerce House, 1 Idowu Taylor Street, VI, Lagos by 10:00am prompt, with a participation fee of N20,000 for non-members of LCCI payable in bank draft.
Those expected to speak on the theme as well as the five above questions include Mrs Toki Mabogunje, President of LCCI; Mr Nonso Obikili, Chief Economist at BusinessDay; Mr Niyi Yusuf, Managing Director, Verraki Limited; and Mr Biodun Adedipe, Managing Consultant/CEO of BAA Consulting.
“As a key stakeholder in the Nigerian economy, we are pleased to invite you to join other business owners, managers, entrepreneurs, importers and exporters from all industries as well as government officials and members of the diplomatic community,” the LCCI said in a notice last week.
LCCI is a non-profit organisation that promotes, supports or opposes legislative or other measures affecting trade, industry, commerce and agriculture as well as representing the opinion of the Lagos business community on the above matters in particular, and the economy as a whole.
It is the organiser of the popular Lagos International Trade Fair, which holds in first week of November of every year at the Tafawa Balewa Square (TBS), Lagos.
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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