Economy
Panasonic to Unveil ‘Electronics Meets Crafts’

By Modupe Gbadeyanka
Panasonic Corporation says it will take part in Milano Salone 2017, to be held in Milan, Italy, from April 4 to 9, 2017.
At the event, the company will present at the Accademia di Belle Arti di Brera, an exceptional installation and various design products, showcasing state-of-the-art craftsmanship and aesthetic awareness that highlight the theme, ‘Electronics Meets Crafts.’
Panasonic’s installation will bring to light an aesthetic awareness and allure of space combined with Panasonic’s imaging and audio technologies. This outdoor exhibition features an installation where Panasonic’s projectors, speakers, and lighting create not only an inspiring space for visitors but also stimulate their five senses through touch and sensation.
Through this exhibition, Panasonic promotes the “Future Craft” philosophy. With dedication and thoughtful consideration for people and the environment, Panasonic strives to provide a better future for the next century through visionary designs. Detail and refined craftsmanship are inherent in all Panasonic products, which is the company’s basic philosophy toward design.
Panasonic has been working with GO ON, a joint collaboration of Kyoto craftspeople, who apply time-honoured techniques of Japanese crafts to create inspiring, new designs with international and contemporary appeal. This collaboration leads to the theme of this year’s Milano Salone exhibition: “Electronics Meets Crafts.”
Panasonic’s philosophy fits in perfectly with GO ON’s collaboration of traditional crafts, materials, and several hundred years of Japanese design heritage. Through this partnership with GO ON, which has been attracting attention in luxury markets globally, Panasonic’s exhibition aims to resonate with people, in both their imagination and their five senses.
In this exhibition, Panasonic’s cutting-edge audio, imaging, and lighting technology will fuse with traditional Japanese craftsmanship. “Electronics Meets Crafts” will highlight Panasonic’s technologies including vibrating speakers and LED lamps made out of textiles which interact with an innovative induction heating table.
Panasonic will also collaborate with Accademia di Belle Arti di Brera, the venue of this year’s exhibition, and the students of the academy. These next-generation artists will exhibit their installations which will showcase the expanding possibilities of electronics.
Michiko Ogawa, Executive Officer of Panasonic Corporation, commented that: “I am extremely grateful to have developed this project together with amazing partners, such as GO ON and the Accademia di Belle Arti di Brera, in the incredible city of Milan. We hope everyone can experience dreams and possibilities through their five senses at our installation. Panasonic will continue to contribute to the realization of ‘A Better Life, A Better World’ through our advanced product design and trust-building craftsmanship developed from a careful consideration of people and the environment.”
Panasonic will pursue the mission to make people’s lives better through the fusion of Italian and Japanese sensibilities and technologies, merging traditions and cultures that these two countries have nurtured through their long history.
Economy
SEC Postpones Q2 2026 Pre-registration Training, Examination for CMOs
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.
Economy
Fidson Lists Additional 600 million Shares on Stock Exchange
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.”
Economy
FG Approves Payments to 1,240 Contractors to Ease Liquidity Pressure
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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