The prices of major food items, such as bags of beans, pepper, tomatoes, eggs amongst others have witnessed a significant surge in Lagos State markets, while the price of local and foreign rice record a slight decrease.
This is according to the latest market survey, carried out by Nairalytics Research – the research arm of Nairametrics.
According to the report, a big bag of brown beans that was initially sold for an average of N33,500, rose by 3.7% to sell for an average of N34,750. Also, the price of a big bag of honey beans increased by 7.02% to sell for an average of N24,750.
Lagos, Nigeria; Wednesday, 27 January 2021 – UACN Property Development Company Plc (UPDC) wishes to announce the appointment of Mr. Wole Oshin as the new Chairman of the Board of the Company, following the resignation of the former Chairman, Mr. Babatunde Kasali from the Board.
In accepting the appointment, Mr Oshin thanked the Board members for the confidence reposed in him and solicited their cooperation to achieve the objectives of the Board to lead the Company to greater heights.
UPDC Announces Appointment Of Mr. Wole Oshin As Chairman, Board Of Directors brandspurng
Wole Oshin, Chairman, UPDC Plc. | www.brandspurng.com
Brief profile
Mr. Wole Oshin is an industry leader with over 30 years’ experience and has at various times been a member of the Presidential Committee on Pension Reforms, Chairman of the Nigerian Insurers Association, Council Member of the African Insurance Organization [Cameroun], Companies Association [Ghana] and External Lecturer – West African Insur
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“From the commencement of this Act, any unclaimed dividend of a public limited liability company quoted on the Nigerian Stock Exchange and any unutilised amounts in a dormant bank account maintained in or by a deposit money bank which has remained unclaimed or unutilised for a period of not less than six years from the date of declaring the dividend or domiciling the funds in a bank account shall be transferred immediately to the Unclaimed Funds Trust Fund.” FINANCE ACT 2020, SECTION 77, 1-3
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UACN Property Development Company Plc has announced the resignation of its chairman, Mr Babatunde Kasali, and other non-executive directors namely, Mr Adekunle Awojobi, Prof. Okon Ansa and Mrs Awuneba Ajumogobia, from the company’s board.
Similarly, the Real estate company also announced the resignation of Mr Folasope Aiyesimoju as the Chief Executive Officer of the company.
According to a regulatory filing by the firm to the Nigerian Stock Exchange, all resignations are effective from January 4.
The board expressed its profound gratitude to the CEO as well as other directors for their contributions to the board. Aiyesimoju, however, will continue to serve as a non-executive director of the company.