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Food & Agro Allied


This sector is comprised of companies engaging in the production and manufacturing of final goods. In general, these are products and services classified for personal use, specifically intended for the mass market. This sector encompasses goods that are consumed rather than used in the production of other goods, and include both durable and non-durable consumables. Included in this sector are manufacturers of automobiles/auto parts, household durable good, textiles and apparel, as well as manufacturers’ food, beverages and tobacco products.

Recent Posts in Food & Agro Allied

Stock Exchange removes full trading suspension on Oando

2017-10-24 11:59 AM | by Nigeria Compliancehub

Investors resumed trading on the shares of Oando Plc yesterday as the Nigerian Stock Exchange (NSE) lifted the full suspension placed on the shares of the indigenous energy group. The NSE meanwhile replaced the full suspension with a technical suspension, implying that while trading will continue unhindered on the shares… Read more

Court asks CBN, banks to freeze accounts without BVN

2017-10-24 10:18 AM | by Nigeria Compliancehub

A Federal High Court in Abuja has ordered the Central Bank of Nigeria and the 19 commercial banks in the country to freeze any account without Bank Verification Number.

It also ordered them to disclose all accounts in their custody and the balances in such accounts, their owners and their proceeds… Read more

PenCom explains delay in gratuity payment

2017-10-24 10:05 AM | by Nigeria Compliancehub

Some retirees under the Contributory Pension Scheme (CPS) have yet to receive gratuity due to unfunded Defined Benefit Scheme (DBS) backlog owed by the Federal Government.

The Acting Director-General of the National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, made this known in an interview with the News Agency of Nigeria (NAN)… Read more

Fuel subsidy returns, as FG incurs N586m daily

2017-10-24 9:55 AM | by Nigeria Compliancehub

There are indications that the Federal Government has started incurring N586 million daily as fuel subsidy, following the rise in crude oil price from $49 to $58 per barrel in the international market between August and October this year. 

Investigations by Vanguard showed that unlike… Read more

CBN unveils framework for BVN, Watch-list operations

2017-10-20 10:34 AM | by Nigeria Compliancehub

Central Bank of Nigeria (CBN) has released a regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, in the quest to develop and enhance security of electronic payment systems in the country.

The framework was communicated by the apex bank, yesterday, in a circular dated October… Read more

NAICOM moves to enforce compulsory insurance of public buildings

2017-10-20 9:43 AM | by Nigeria Compliancehub

To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM)  in Abuja has inaugurated a technical committee.

The committee was inaugurated by NAICOM’s Commissioner for Insurance, Mr Mohammed Kari, and it has membership drawn from NAICOM, the Federal Fire Service (FFS) from… Read more

SEC orders suspension of Oando shares, audit of firm

2017-10-20 9:35 AM | by Nigeria Compliancehub

The Nigerian Stock Exchange, on Wednesday, suspended trading on the shares of Oando Plc as directed by the apex regulator, the Securities and Exchange Commission. SEC also said it planned further investigation and audit of the firm.

Some shareholders of Oando, in separate interviews, called for the suspension of the management… Read more

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