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Home Markets Equities Company Results

NAHCO Aviance Plc appoints Enyinna Okpara into its Board.

Chidi Emenike by Chidi Emenike
September 20, 2021
in Company Results, Markets
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Nigerian Aviation Handling Company Plc (NAHCO Aviance) has confirmed the appointment of Professor Enyinna Ugwuchi Okpara into its Board as a Non-Executive Director.

According to a press statement sent to the Nigerian Exchange Limited (NGX), Professor Okpara’s appointment was ratified by the members and shareholders of the company during its recently concluded 40th Annual General Meeting, held on 30th of July, 2021.

Corroborating this, an excerpts of the press release issued by the firm read thus: ‘’This is to inform our esteem shareholders, the general public and Nigerian Exchange Limited (the Exchange) that at the 40th Annual General Meeting of Nigerian Aviation Handling Company Plc (the Company) held on 30th July, 2021, the Company (Members/SharehoIders) ratified the appointment of Professor Enyinna Ugwuchi Okpara as a Non-Executive Director of the Company with effect from that date.’’

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About Prof. Enyinna Okpara

Enyinna Okpara is a Professor of Accounting and Finance and an Associate of the Institute of Chartered Accountants of Nigeria (ICAN). He was born on 27th March 1960. He has the following academic qualifications: PhD (Accounting), M.Sc. (Accounting), MBA (Finance), B.Sc. (Accounting), PGD (Financial Management), HND (Accounting) and NCE (Business Education).

Professor Okpara is currently the Dean of College of Social and Management Sciences, Wellspring University, Benin City. He had previously worked as Accounts/Logistics Manager in Dangote Group. He is an experienced auditor and tax consultant having worked with Akintola Williams Deloitte. Professor Okpara served in the Nigerian Army as a commissioned officer rising to the rank of Captain before he voluntarily disengaged from active military service in 1999.

NAHCO Aviance is a diversified company with interests in aviation cargo, aircraft handling, passenger facilitation, crew transportation and aviation training. The firm recorded an impressive bottom line in the recently concluded half year period (HY, 2021), as its profit after tax surge by 453% to N504.9 million. Revenue grew by 32% to N4.71 billion and earnings per share (EPS) printed 30 kobo during the period under review.

As at the period of filing this report, NAHCO Aviance Plc is currently trading N3.04 per share on the floor of the Nigerian Exchange Limited (NGX).

Tags: Nigerian Aviation Handling Company Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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