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Corporate Press Releases

Forte Oil Appoints Independent Non Executive Directors

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Forte Oil Plc (the Company) announced the appointment of Dr. (Mrs). Mairo Usman Mandara and Mrs. Salamatu Hussaini Suleiman as Independent Non- Executive Directors of Forte Oil PIC.

Dr. Mairo Mandara is a consultant obstetrician and gynecologist. Dr. Mandara has extensive knowledge of public health systems and managing maternal and child health programs in Nigeria. After medical training at the University of Jos, Dr. Mandara practiced at the Ahmadu Bello University Teaching Hospital in Zaria, northern Nigeria. Between 2005 and 2010, Dr. Mandara was a Senior Country Adviser in Nigeria to the David and Lucile Packard Foundation. She then worked as the Nigeria-based Health Systems Adviser for the Earth Institute at New York’s Columbia University. Dr. Mandara is a well-known advocate for girls’ human and reproductive health and rights and for the improvement of the status of women and girls in Nigeria.

Mrs. Salamatu Hussaini Suleiman is qualified lawyer and advocate. She has served as a Honourable Minister of State Il Foreign Affairs between August 2010 to May 201 1 and the Minister of Women Affairs and Social Development between December 2008 and March 2010. She recently served as the Commissioner, Political Affairs Peace and Security at the Economic Community of West African States (ECOWAS) between February 2012 to March 2016. Prior to her appointments above, Mrs Suleiman was the Secretary to the Commission and Director, Legal Services at the Securities and Exchange Commission between 2001 to 2008. She was Company Secretary at Continental Merchant Bank between 1992 to 1996 and

Principal State Counsel at the Ministry of Justice, Sokoto State between 1983 to The above appointed Independent Non-Executive Directors are bringing a wealth of knowledge to the Board, following from their diverse experiences in their chosen fields. These appointments will enhance the already versatile Board of Forte Oil Plc ensuring that the Company continues to fulfil its vision of being the foremost energy solutions provider and be in the forefront of global best corporate governance practice.

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Corporate Press Releases

Peter Obaseki retires as Chief Operating Officer of FCMB Group Plc

Mr Peter Obaseki, the Chief Operating Officer of FCMB Group has retired from the financial institution.

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The Board of Directors of FCMB Group Plc has announced the retirement of Mr. Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an Executive Director of the Group.

His retirement was approved at a meeting of the Board of the Group on February 26, 2021. This has also been announced in a statement to the Nigerian Stock Exchange (NSE) by the financial institution.

The Chairman of FCMB Group Plc’s Board of Directors, Mr Oladipupo Jadesimi, thanked Mr. Obaseki for his valuable service and excellent support to the Board for many years.

FCMB Group Plc is a holding company divided along three business Groups; Commercial and Retail Banking (First City Monument Bank Limited, Credit Direct Limited, FCMB (UK) Limited and FCMB Microfinance Bank Limited); Investment Banking (FCMB Capital Markets Limited and CSL Stockbrokers Limited); as well as Asset & Wealth Management (FCMB Pensions Limited, FCMB Asset Management Limited and FCMB Trustees Limited).

The Group and its subsidiaries are leaders in their respective segments with strong fundamentals.

For more information about FCMB Group Plc, please visit www.fcmbgroup.com.

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Corporate Press Releases

NSE to commemorate IWD 2021, host 7th Annual Ring the Bell for Gender Equality

NSE will join securities exchanges all over the world to commemorate International Women’s Day 2021.

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NSE prepares to launch West Africa’s first Exchange-traded derivatives

The Nigerian Stock Exchange (NSE or The Exchange) will join securities exchanges all over the world to commemorate International Women’s Day 2021 and host its 7th Annual Ring the Bell for Gender Equality on Monday, 8 March 2021.

In collaboration with Sustainable Stock Exchanges (SSE) Initiative, United Nations (UN) Women, United Nations Global Compact (UNGC) and International Finance Corporation (IFC), the event will hold virtually building on the global theme, #ChooseToChallenge and will culminate in a digital Closing Gong Ceremony. Members of the stockbroking community, analysts, regulators, media and other interested participants can register via the link: http://bit.ly/nse-iwd-2021

Consistent with The Exchange’s objectives to accelerate progress and impact on the advancement of women across all spheres of life, the event will feature discussions that highlight the business case to challenge the norm. Confirmed speakers at the event include, Otunba Abimbola Ogunbanjo, President, National Council, NSE; Mrs. Catherine Nwakaego Echeozo, 2nd Vice President, National Council, NSE; Mrs. Fatimah Bintah Bello–Ismail, Ordinary Member, National Council, NSE; Mrs. Erelu Angela Adebayo, Ordinary Member, National Council, NSE; Mrs. Opunimi Akinkugbe, Founder, Director, Bestman Games; Mr. Oscar N. Onyema, OON, Chief Executive Officer (CEO), NSE; Ms. Tinuade Awe, Executive Director, Regulation, NSE; Mr. Bola Adeeko, Divisional Head, Shared Services, NSE; Mr. Kevin Njiraini, Regional Director, Southern Africa & Nigeria, International Finance Corporation (IFC).

Others are Mrs. Oluwasoromidayo George, Chairperson, United Nations Global Compact (UNGC) Network Nigeria; Mr. Lansana Wonneh, United Nations (UN) Women Deputy Representative, Nigeria and ECOWAS; Mr. Patrick Akinwuntan, Managing Director/Regional Executive, Ecobank Nigeria; Ms. Ivana Osagie, Founder, Professional Women Roundtable (PWR); and Ms. Eme Esien Lore, Nigeria Country Manager, IFC.

The webinar will also feature a special focus on the peer-to-peer learning programme under the Nigeria2Equal programme, a three-year project towards which the IFC will collaborate with the NSE to reduce employment and entrepreneurship gaps in Nigeria through the private sector.

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