Economy
VFD Group, Others Ensure Blood Availability in Lagos
By Modupe Gbadeyanka
A company in the financial services sector, VFD Group Plc, has joined other organisations to donate blood to blood banks in Lagos State in response to a call from the state government.
The firm collaborated with the Lagos State Blood Transfusion Committee and the Haima Health Initiative to advocate blood donation on World Blood Donor Day on Friday, June 14, 2024.
This year’s World Blood Donor Day, themed 20 Years of Celebrating Giving: Thank You Blood Donors marked two decades of raising awareness about the importance of voluntary blood donation to the health sector.
It was gathered that on June 11, 2024, VFD Group employees and executives demonstrated their commitment by donating blood to be used by those in need.
This initiative not only ensured the provision of safe blood through voluntary contributions but also involved meticulous screening, efficient counselling, and robust regulatory measures coordinated by the Haima Health Initiative.
The donation drive aimed to appreciate existing donors, raise awareness, educate employees on the impact of their contributions, dispel myths, and combat the decline in blood donations.
“At VFD Group, as part of our commitment to our Sustainable Development Goals (SDG), we champion initiatives that promote good health and overall wellness.
“We celebrate our employees, blood donors worldwide, and communities who tirelessly contribute to keeping the world pulsating through their donations.
“Our partnership with Lagos State Blood Transfusion Committee and Haima Health Initiative underscores our dedication to making a meaningful impact in Nigeria’s healthcare sector.
“Moving forward, we will continue to support every act of kindness that aligns with our mission to promote good health and overall wellness for a sustainable future for all,” the company said in a statement.
Recall that on June 5, 2024, the Lagos State Commissioner for Health, Professor Akin Abayomi, urged more citizens to embrace voluntary blood donation to shore up the state’s blood bank.
With only 130,000 donors for a population of over 16 million, Lagos faces a significant shortfall, leaving many patients without access to essential blood transfusions.
The Commissioner emphasised that the current voluntary donor rate is insufficient, leading to potential shortages in hospitals.
The blood donation rate in Lagos State has seen a disheartening drop of over 55 per cent in January 2024, attributed to factors such as seasonal respiratory illnesses intensified by harsh harmattan weather, and high rates of postpartum haemorrhage and traffic accident-related bleeding. These realities underline the critical need for regular voluntary blood donors.
Additionally, individuals with Haemochromatosis, a hereditary condition causing excess blood due to iron overload, are encouraged to donate blood at intervals.
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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