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Firm kicks off porcelain tiles campaign, reinforces product leadership

Leading porcelain tiles manufacturer in Nigeria, CDK Integrated Industries Limited, has launched a product campaign nationwide to reinforce its leadership in porcelain tiles market in sub-Saharan Africa.   As a solutions provider and critical player in the real estate and construction sector, the company has focused the campaign on educating consumers and sensitising the market […] ....

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First Bank: Shareholders Task Regulators on Disclosure Requirements


By Goddy Egene
Shareholders have advised the Securities and Exchange Commission (SEC), the Nigerian Exchange Regulation Limited (NGX REGCO), and other regulators in the financial sector to strengthen their disclosure requirements for quoted companies.
The shareholders said this following recent revelation by the Central Bank of Nigeria (CBN) that First Bank Nigeria Limited, which is a subsidiary of FBN Holdings Plc, had been enjoying forbearance since 2016. And this forbearance was not disclosed in the audited financial statements submitted to the NGX REGCO.
Speaking to THISDAY, the National Coordinator, Pragmatic Shareholders Association of Nigeria (PSAN), Mrs. Bisi Bakare, said it was shocking to know that FBN Holdings, which is one of the leading firms listed on the stock exchange, had been submitting its annual reports without disclosing the forbearance it had been enjoying from CBN. ....

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