Veritas Kapital Assurance Plc has announced the appointment of Mr. Emmanuel Etuh to the company’s board as a Non-Executive Director.
This was disclosed through a notice filed with the Exchange and signed by the company’s secretary, Saratu Umar Garba.
Mr. Emmanuel Etuh’s appointment has been duly approved by the National Insurance Commission.
. Emmanuel Etuh is a financial adviser at TMD Capital Partners, where he specializes in building and managing client portfolios and maximizing local investment opportunities, asset structures, and tax-efficient vehicles. He has private equity experience across various sectors, including information technology, consumer services, retail, media, real estate, and healthcare.
Etuh earlier worked at Banwo & Ighodalo, where he advised on corporate and commercial law, partnerships, foreign investment, and joint ventures transactions across finance, international trade, and technology. He also supported local and international entities on corporate governance, company secretarial, and regulatory compliance matters. Having worked at the International Bar Association (IBA) London, he developed expertise in international law and policy analytic research. He advised on notable advisory projects concerning countries such as Ghana, Sudan, Mali, and Turkey relating to constitutional reform, insecurity, immigration control, and climate change.
He also served as a trustee of the Jennifer Etuh Foundation; a non-profit developmental organization focused on providing free education and healthcare to women and children in low-income communities across Nigeria.
Mr. Emmanuel earned his LLB from SOAS University of London and earned an LLM from Durham University. He is a member of the Nigerian Bar Association and a Fellow of the Chartered Institute of Arbitration (FCIArB).
Military Pension Board pays second tranche of minimum wage arrears to military retirees
The Military Pensions Board on Tuesday said it had paid the second tranche of 25 per cent arrears of minimum wage increment to eligible military retirees.
Chairman of the board, Rear Admiral Saburi Lawal, confirmed the payment of the arrears in a statement issued in Abuja.
Lawal said the payment was held between May 6 and 10.
Lawal said that the payments had already been sent to the various bank accounts of pensioners on the MPB payroll.
He advised all eligible military pensioners to contact their banks for their entitlements.
He said: “This payment is the second installment being paid to eligible military retirees who are active on the board’s database.
“It is in fulfillment of the agreement reached between the board and the Federal Ministry of Finance, Budget and National Planning (FMoFBNP) for quarterly releases of the appropriated sum in the first month of each quarter of this year.
“It is important to state that these payments are basically for arrears of increment in pensions of military retirees who are on MPB payroll between April 8, 2019 and April 30, 2021, occasioned by the new National Minimum Wage (Amendment) Act, 2019.
“It is also necessary to state that all next of kins (NOKs) of deceased military pensioners, who are entitled to these same arrears, have been paid in full.”
The MPB chairman said that the board was up to date in the payment of monthly pensions and gratuities to all military pensioners.
Lawal said that the board had fully settled the death benefits of all confirmed NOKs of deceased military personnel and pensioners.
According to him, the payments are made possible through the Federal Government’s support to ensure regular release of funds to the board.
Lawal thanked President Muhammadu Buhari and the Minister of Defence for their concern for military retirees nationwide.
He assured the retirees and pensioners as well as NOKs of deceased personnel that the board would complete the payment of the 24-month minimum wage arrears before end of the year.
