Monday, 23 March 2020
 
President Muhammadu Buhari, on the recommendation of the Presidential Task Force (PTF) on Coronavirus, PTFCOVID19 has approved the following additional measures: 
 
i. Suspension of weekly FEC meetings until further notice
 
ii. Postponement of meeting of Council of State scheduled for Thur 26 March, 2020
 
iii. All land borders that have been hitherto under partial closure shall now be closed to human traffic for 4 weeks effective 23rd March, 2020
 
iv. In order to protect Federal Civil and Public Servants, a circular to be issued by the Head of Civil Service of the Federation (HCSF) shall direct on actions to be taken immediately;
 
v. If and when the need arises, any national assets required for use in the response to COVID-19 shall be mobilized and deployed;
 
vi. Nigeria Government is at the highest level, engaging with State Governors in order to ensure a collaborative and effective response to COVID19
 
vii.All Abuja and Lagos residents are strongly advised to stay at home, avoid mass congregation of any kind as well as non-essential outings, until further advice is given.
 
PTFCOVID19 assures all Nigerians of the concern of President Buhari and his determination to mobilize all resources to backup this national response.
 
However, this commitment should be reciprocated by all citizens by respecting the advisory and obeying measures put in place to curtail the spread of COVID19. 
 
The Presidential Task Force PTFCOVID19 shall be updating Nigerians from time to time as the need arises.
Published in Travel & Tourism
United Bank for Africa (UBA Plc), Transcorp and all affiliated companies have announced the cancellation of their 2019 Annual General Meetings (AGMs) to prevent the spread of COVID-19.

The companies stated this in a statement to their shareholders and stakeholders posted on the Nigerian Stock Exchange (NSE) web site.

UBA’s 58th AGM was initially slated for 27 March, at the Eko Hotels & Suites, Victoria Island, Lagos, while Transcorp was supposed to hold on March 25.

“The Board of Directors of United Bank for Africa Plc hereby announces the cancellation of the Notice of Meeting of the 58th Annual General Meeting dated March 2, 2020.

“Consequently, the 58th Annual General Meeting which was previously scheduled to be held on Friday, March 27, 2020 at the Eko Hotels & Suites, Victoria Island, Lagos is hereby postponed.

“The cancellation of the notice and postponement of the AGM are hinged on part of UBA’s measures, as a good Corporate Citizen, to avoid the spread of the coronavirus (COVID-19).

“A new Notice of Annual General Meeting of the Bank will be published in due course.

“In this trying and uncertain period, the Board of United Bank for Africa Plc would like to assure all our customers, shareholders and other stakeholders that we are here for you throughout the crisis and beyond,” said Bill Odum, the bank’s Group Company Secretary.

In a related development, Transcorp in a statement signed by Chike Anikwe, its Group acting Company Secretary, said the postponement of the meeting was due to novel COVID-19.

Anikwe stated that the meeting earlier scheduled for March 25, had been postponed till
further notice.

He noted that the recent developments on COVID-19 and the need to follow the guidelines provided by the World Health Organisation, the National Centre for Disease Control and the Federal Government amongst others, led to the postponement.

In tweets to shareholders, UBA affiliated companies, Afriland Properties and Africa Prudential also announced the cancellations of their Annual General meetings scheduled for today in Abuja.

Published in Bank & Finance
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