CORPORATE NEWS: SEC LOSES TWO, AG LEVENTIS JOINT VENTURE.

SEC NIGERIA LOSES DIRECTOR AND ONE OTHER STAFF

Within two days interval this April, Securities and Exchange Commission (SEC) Nigeria lost two of its staff to death.
According to notice from the head office in Abuja, the first to die the Director, Zonal Office Coordinating department, Mrs Louise Eni- Umukoro. She died on April 21, barely a month after her 56st birthday.
Mrs Umukoro had joined SEC in October 1986 as assistant economist and rose through the ranks to the highest career position of director by January 2010.
In 2013 she had been officially commended for her contribution to the review committee on minimum paid up capital for market operators.
On April 23rd, that is two days after this death, another staff joined the ancestors. He was Mr Umar Jibrin Ayu, s supervisor on the Kano office.
This was four months before his 54th birthday and has been buried according to Muslim rights.
The late Ayu joined SEC in October 2008 as senior clerk and rose to supervisor position at Kaduna office before his movement to Kano in January this year.

A. G. LEVENTIS IN JOINT VENTURE

A. G Leventis PLC has entered into a joint venture agreement with a South African company, Pick n Pay Retailers (Pty) Ltd to form a company to offer retail services.
According to notice to the Nigerian stock market signed by company Secretary Ms Titi Talabi, the proposed venture will particularly focus on fast moving consumer goods.

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