Economy
Oyo Honours Heritage Bank for Empowering Women
By Modupe Gbadeyanka
The continuous commitments of Heritage Bank to the empowerment of women in the society have been lauded by the Oyo State government.
Heritage Bank was showered with praises at a three-day summit entitled ‘The Ultimate Woman at a Time Like This,’ which took place at the Emeritus Theophilus Ogunlesi Multipurpose Hall, Opposite UCH Gate, Ibadan.
At the event, organised under the auspices of the Oyo State Officials’ Wives Association (OYSOWA), the bank was recognised and awarded for this and charged to keep the flag flying.
Receiving the award on behalf of the financial institution, Managing Director of Heritage Bank, Dr Ifie Sekibo, stated that the bank’s supports toward women entrepreneurs reinforce its belief in small businesses and their importance to economic growth of the country.
“Heritage Bank recognizes the importance of women in the society, especially in the economy, and this informs its commitment to women empowerment. Our mission is to help women succeed in business and in life.
“We believe that with the right motivation and resources, more women in Africa and in Nigeria can achieve the enviable success that many women across the world have achieved. At Heritage Bank, we have committed ourselves to providing these capacity and resources to empower and motivate women across the country,” Dr Sekibo said at the summit.
Women empowerment, according to the bank chief, was informed by the need to advance the Nigerian woman’s confidence and also teach her to find a balance between living the life she wants and securing her financial future.
On her part, leader of OYSOWA, Mrs Florence Ajimobi, described the summit, in its 5th edition, as a landmark for two reasons: “The first is that this is the fifth edition of the summit and it is so amazing that this small idea that was conceived a few years ago has become a reference point.
“The second is that just this year, the Violence Against Women Law 2016, was passed by the Oyo State House of Assembly to the glory of God.
“I recall that during the first summit in 2012, I mentioned that steps were being taken to pass this bill into law and there was even a session on passing a bill on violence against women during that summit.
“This summit gives us an opportunity to celebrate this achievement for Oyo State that now, we have a law that protects us (women) specifically.”
She noted that over the last five years, several programmes have been organised with a view to producing ultimate women in the society. She also advocated upward review for the roles of women in nation building.
Wife of Imo State Governor, Mrs Nkechinyere Okorocha, who advocated greater recognition for women, noted that the change that Nigerians desired and believed has finally come to the country.
Also, Senior Special Assistant to President Muhammadu Buhari on Sustainable Development Goals (SDGs), Mrs Adejoke Orelope-Adefulire, emphasised the need for Nigerians to pray for their leaders and why women should be supportive to their husbands and play their own quota in the growth and development of the country.
Oyo State Governor, Mr Abiola Ajimobi, and his counterparts from Lagos and Osun, Mr Akinwumi Ambode and Mr Rauf Aregbesola respectively, called for increased support for women to ensure that they overcome challenges limiting their potentials.
The three governors noted that in this period of economic recession, the leaders at every level should ensure that the water does not become too hot for women, and that the future of every society is determined by the quality of women in that society.
They also called for empowerment programmes capable of preparing women economically for any emergency situation in the country and on the home front.
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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