Tag: AGM
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Governance Issues Around NEM Insurance 48th AGM: Investigation and Outcomes
The latest decision by the Securities & Exchange Commission (SEC) on the issues relating to NEM Insurance Plc’s (NEM) 48th Annual General Meeting (AGM) held on Wednesday, 20 June 2018, at the Premier Hotel, Ibadan, Oyo State (Re: SEC Invalidates NEM Insurance Plc’s 48th AGM and Resolutions; Orders Firm to Reconvene Proper AGM) came on…
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SEC invalidates NEM Insurance’s 48th AGM
Nigeria’s Security Exchange Commission Tuesday invalidated the 48th annual general meeting of NEM Insurance held in June and all the resolutions reached at the meeting. The insurance was also mandated to reconvene the AGM, with proper notice given to shareholders and in line with extant laws. Nigerian Stock Exchange had fined the insurance company the…
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Access Bank gets commendation for saving Etisalat
Shareholders of Access Bank Plc have commended the bank and other members of the consortium of banks that provided the $1.2bn loan that saved Etisalat (now 9mobile) from collapsing. The shareholders stated this at the bank’s 29th Annual General Meeting (AGM) in Lagos on Wednesday. Mr Bayo Adeleke, immediate past Secretary, the Independent Shareholders Association…