As outlined in the Company's prospectus dated 17 June 2019 (the "Prospectus") and pursuant to a resolution of the Company passed on 24 May 2019, the Company is pleased to announce that it has completed a reduction of its share capital and share premium account (the "Capital Reduction").
The fitness and wellness industry has rapidly evolved over the years, as such the industry is no longer restricted to the traditional varieties of sporting equipment. Companies in these industries through research, development and technology have over the years constantly made improvements to the equipment available in the market place for consumers seeking to improve their health or keep an active lifestyle.
In our review of activities in the MSME space for the period September 23rd to 27th, 2019 Vice President Professor Yemi Osinbajo called on Deposit Money Banks in the country to support the efforts of the Federal Government in resuscitating Micro Small Medium Enterprises, MSMEs in Nigeria and also the real sector.
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has advised Deposit Money Banks (DMBs) to engage Telecommunications firms who can provide USSD services in the country at the lowest practical cost.