BUA Foods Plc announces resignation of Isyaku Rabiu as a Director

BUA Foods Plc has notified the Nigeria Exchange and the investing public of the resignation of Isyaku Naziru Rabiu as a Director on the Board of Directors of the Company with effect from 17th August 2022.

The step was taken by the Company to meet the regulatory requirements of the Securities & Exchange Commission’s Corporate Governance Guidelines (2020) and the Nigerian Code of Corporate Governance, on family and interlocking directorship which stipulates that not more than two members of the same family shall sit on the Board of a public company at the same time.

Source: BUA Foods Plc announces resignation of Isyaku Rabiu as a Director – StocksWatch (stocksng.com)

Related Posts

08

Jan
Business & Economy

GTCO raises N209.41bn at first phase of equity capital raise programme

Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital […]