CAP Plc Visits To Nigerian Stock Exchange

Must Read

Lagos State Government bans Okadas, Tricyles, including Opay, Gokada

…Restricts Their Operations On 50 Highways, Bridges Lagos State Government on Monday wielded the big stick against the menace of...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -
- Advertisement -

Following a successful restructuring process, which has delivered a new leadership, the board of directors of the Chemical and Allied Products Plc (CAP), paid a courtesy visit to the Nigerian Stock Exchange (NSE), recently to reiterate the new board members’ commitment to shared values and the company’s innovative strides. The Chairperson, CAP Plc, Awuneba Ajumogobia, who led the delegation, also rang the closing bell on the trading floor, as part of activities to mark the company’s new direction.

According to Ajumogobia, current realities and changes have made it imperative for CAP Plc to realign, particularly in the digital space. “Today’s closing bell ceremony is remarkable for us and commemorates the new direction that we have embarked on. We want to ensure that every CAP Plc customer can attest to having an outstanding experience. This is why we are leveraging technology. We are also using technology for our internal processes, so, we are investing in applications to ensure that our processes are running more efficiently,” she stated.

Read:  Post Merger: Access Bank lists additional 6.6 billion shares

Expressing faith in the new leadership, she emphasized that the new management is resolute to ensure that CAP Plc becomes a flagship company on the NSE with progressive policies and strong leadership. “The quality of the new Board and Management assures me that we have what it takes to improve on the strong brand which the company has built over the years. We will be strategic to deliver remarkable value to stakeholders without compromising sustainability,” she reaffirmed.

Read:  Lagos Ranked 4th Richest City in Africa by New World Wealth Report

CAP Plc Visits To Nigerian Stock Exchange

Similarly, Managing Director, CAP Plc, David Wright stated that the management team is leveraging every opportunity in terms of technology to grow volumes and revenue. According to him, “We are particular about sustainable growth for the company. Technology is a major factor to achieve this and be able to deliver on our promises to all stakeholders.”

While commending members of the board, the Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyema, urged them to “strive for sustainability by adhering to high standards of corporate governance, deeper social impact, higher regulatory compliance, and greater returns for shareholders.”

He assured that the NSE will continue to provide a platform to support listed companies to meet their strategic business objectives.

Read:  St. Louis, other foreign packaged sugar brands remains banned in Nigeria - FG

CAP Plc Visits To Nigerian Stock Exchange

CAP Plc has the vision to create a new Africa inspired by colours. It is understood that the company intends to accomplish the vision by providing customers, be they individuals or corporate bodies with products and services to help them create colourful and exciting spaces.

CAP Plc Visits To Nigerian Stock Exchange

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Union Bank Announces Planned Divestment of its UK Subsidiary

LAGOS, NIGERIA – January 28, 2020 – Union Bank of Nigeria Plc. (“Union Bank”) today announced that it has...

Huawei & Samsung Capture 73% Share of Global 5G Smartphone Shipments in 2019 – Report

According to the latest research from Strategy Analytics, global 5G smartphone shipments reached 19 million units in 2019. Demand was much higher than expected. Huawei...

Ikeja Electric records reduced ATC&C, improved sustainable power in 2019

…commits to improving service delivery in 2020 Lagos, Nigeria; 28th January 2020: Despite challenges that characterized the power sector in 2019, Ikeja Electric Plc (IE), Nigeria’s...

OPEC+ Halts Slide In Oil Prices The coronavirus continues to send panic through global markets. Oil prices turned positive on Tuesday, with WTI trading close to $54 and Brent just above $59....

More Articles Like This