trending Market Intelligence /marketintelligence/en/news-insights/trending/XzyItv2z6L-9jh8OXEupSQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Nigeria's Deap Capital Management announces new 7-member board

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Nigeria's Deap Capital Management announces new 7-member board

Nigeria-based DEAP Capital Management & Trust PLC announced a new seven-member board of directors.

The new board comprises two directors from the current board, two from the old board which was suspended by the country's SEC and three from a management group who will work with the board to turn the company around.

Joe Idudu and Joel Omole will be chairman and managing director, respectively. Meanwhile, Jacob Esan, Emmanuel Ugboh, Kenneth Olise, Edmond Ani and Alhaji Murtala Aliyu will be nonexecutive directors.

Omole, Olise and Ani are the turnaround team, while Esan and Aliyu are current board members. Idudu and Ugboh both served on the firm's old board of directors and have rejoined the company after a five-year suspension placed on them, along with nine other former directors, by the securities watchdog ended on March 27.

Furthermore, the company said in its filing that Elder Williams Odudu resigned as part of the board's restructuring.

Additionally, the company's shareholders are set to vote on a proposal to change the company's name to DEAP PLC at its Aug. 22 annual general meeting.