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General Elections: CAN denies endorsing candidates

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The Plateau State Christian Association of Nigeria (CAN) has denied endorsing any governorship candidate in the state and emphasized the need for members to make use of their PVCs and vote for the person who has the interest of the state at heart and would demonstrate selfless leadership to the people.

The State Chairman of CAN, Fr. Polycarp Lubo, made the stance known on Tuesday during a parley with the gubernatorial candidates where they presented their intentions and also signed a peace pact, to maintain decorum during and after the elections.

The cleric, in his speech, commended the gubernatorial candidates for honoring the invitation and reiterated that though CAN is not a political party, it is CAN’s job to support government and ensure when a leader derails, the leader’s attention is drawn for correction to be made.

His words, ‘Our job is to support the government and when you derail, we draw your attention.

“Take for example the Jaiz Bank issue; about 85% of the people were not happy. We are here to help you to be a better leader for the people of the State.

“CAN have not taken sides with any candidate, we only ask the people to make their PVCs ready for use so you don’t grumble at the outcome.

“CAN is looking for the person with the interests of the state at heart, who will do the work and forget about himself.

“This is a special day for us, we have called their attention to come so we can hear from them.

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Beyond the Touchline: Tikitaka FC Winger Boluwatife Kehinde Balances Football with Fashion Designing

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For Tikitaka FC right winger Boluwatife Kehinde, football is more than a game; it is a childhood passion he continues to pursue while building an identity outside the pitch through fashion design.

Kehinde, who joined Tikitaka FC about six to seven months ago, has experienced both good and difficult moments at the club, describing football as an activity he continues to enjoy despite the demands that come with the sport.

Read Also: Friday Elahor Raises Alarm Over Age Cheating, Fake Academies in Nigerian Football | Sports247 Nigeria

The winger identified sponsorship as one of the challenges facing his football journey, highlighting a concern that can affect players seeking opportunities to develop their careers and compete at a higher level.

Although he is still relatively new to Tikitaka FC, Kehinde has previously featured for several teams, including Remo FC and Shiny Star, alongside other sides during his playing career. His experience across different teams reflects his continued involvement in football over the years.

Away from the pitch, Kehinde works as a fashion designer , offering him another avenue to develop his skills beyond the game. However, football remains his central sporting passion, and he says he is willing to devote time to pursuing it.

His experience at Tikitaka FC has not been without tiring moments, and his plans for the future remain open as he continues to settle into the team.

For Kehinde, the immediate task is to keep working and make the most of his football journey while navigating the challenges that come with the sport. With more time at the club, his performances and development could help shape the next stage of his career.

His story reflects the reality of a player balancing sporting ambition with life beyond football, as he continues to pursue the game that has held his interest since childhood.

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Coronation Insurance Seeks SEC Approval for Proposed Share Acquisition Scheme

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BY NKECHI NAECHE-ESEZOBOR—Coronation Insurance Plc has resubmitted its application to the Securities and Exchange Commission (SEC) for formal approval of a proposed scheme of arrangement that would allow its core shareholders to acquire the shares held by other shareholders in the company.

According to the notice to Nigeria Exchange  Limited, shareholders and the investing public, the company said it submitted the application on October 16, 2026, following the resolution of outstanding matters that had previously prevented the SEC from reviewing the proposal.

The proposed scheme follows a court-ordered meeting held on December 22, 2023, where shareholders considered and approved the arrangement between the company and holders of its fully paid ordinary shares.

The proposal was initiated by Coronation Capital (Mauritius) Limited and its related parties, collectively referred to as the core shareholders, to acquire the shares of other shareholders in Coronation Insurance.

The company applied to the SEC for formal approval on December 27, 2023. However, the commission was unable to proceed with its review because of certain pending matters.

According to the notification, those matters have now been resolved. Coronation Insurance subsequently wrote to the SEC on September 22, 2026, informing the commission of the development and requesting formal approval of the scheme.

The SEC acknowledged the conclusion of the outstanding matters in an email dated October 7, 2026, and requested that the company submit a formal application accompanied by all required documents. Coronation Insurance said it complied with the request on October 16, 2026.

The company also disclosed that it had informed the core shareholders of the developments, adding that they had confirmed their continued interest in proceeding with the scheme, provided its implementation complies with applicable laws, regulations, market rules and precedents.

Under the proposed arrangement, the consideration payable for the shares will be based on the highest trading price recorded for the company shares on NGX during the six months preceding the date of the notification.

The company stated that the consideration price remains subject to the receipt of all required regulatory approvals.

The notice added that the company said several steps remain before the scheme can be completed.

These include obtaining the SEC’s formal approval, securing an order from the Federal High Court sanctioning the scheme, and filing a certified true copy of the court order with the Corporate Affairs Commission.

The company will also be required to pay the scheme consideration to minority shareholders, apply to the NGX for the delisting of its shares and complete the delisting process.

Completion of the scheme remains subject to SEC approval, the sanction of the Federal High Court and the filing of the certified true copy of the court order with the Corporate Affairs Commission.

The company said it would continue to update shareholders and the investing public on further developments.

It also advised shareholders and investors to exercise caution when dealing in its shares until further announcements are made.

The post Coronation Insurance Seeks SEC Approval for Proposed Share Acquisition Scheme appeared first on Business Today NG.

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