Dipo Olowookere
By Dipo Olowookere
The shareholders of Unilever Nigeria, Fidelity Bank and Sunu Assurances Nigeria will gather in Lagos this week for their respective Annual General Meeting (AGM).
Business Post reports that Unilever Nigeria will hold its annual shareholders’ gathering on Thursday, May 5 at 10 am at the Grand Banquet Hall of the Civic Centre on Victoria Island.
The meeting will give the board and management of the company an avenue to interface with investors on the organisation’s financial performance in 2021 and what they should expect in the current fiscal year.
Similarly, those who have shares of Fidelity Bank in their possession will meet tomorrow at 10 am at the Africa-Asia Meeting Room of Eko Hotel and Suites on Victoria Island, Lagos to hear from those saddled with the responsibility of running the affairs of the financial institution.
They will want to know policies that have been put in place to further make the lender profitable and evaluate the strategies deployed to achieve this goal. The shareholders may also want to be interested to know if the board is considering transforming Fidelity Bank into a holding company (Holdco) like the others or if it plans to quickly upgrade the bank to the tier-one category.
As for Sunu Assurances, shareholders of the underwriting firm will want to know the extent the board has gone to improve the company’s books and assurances that it will make efforts to become a leader in the sector in Nigeria.
This and others will likely be the discussions when the investors meet on Friday, May 6 at 10 am at the company’s corporate headquarters on Bishop Oluwole Street, Off Akin Adesola Street, Victoria Island, Lagos.
