*Fix remuneration of managers at ₦80.3m
WorldStage– Shareholders of NCR (Nigeria) Plc at the company’s 74th Annual General Meeting, held virtually via Zoom on Wednesday, 5 August 2026, unanimously approved a series of ordinary and special resolutions covering board changes, auditor transition, director remuneration and related-party transactions.Board appointments and re-elections
In an announcement issued by Alsec Nominees Limited, Company Secretary, through Bernice Any, the sahareholders ratified the appointments of Chief Prosper Okpue as a Director with effect from 22 October 2025 and Her Excellency Mrs Oluwatoyin Saraki as a Director with effect from 11 June 2026. They also re-elected Chief Liaquat Bisade Biobaku and Mr. Onyekachi Caleb Chukwueke as Directors.Change of external auditors.
The resignation of Grant Thornton as external auditors was noted. Shareholders appointed BDO Professional Services as the new external auditors of the company with effect from the conclusion of the AGM. The Directors were authorised to fix the remuneration of the new auditors.Statutory Audit Committee
The shareholders’ representatives elected to the Statutory Audit Committee for the 2026/2027 financial year include Mrs. Martina Nnenna Amadi (FCA), Alhaji Mustapha Ishola Jinadu (FcIoD), and Mr. Taiwo Kashimawo Akanji (FCA).
Chief Bisade Biobaku and Chief Prosper Okpue were nominated to represent the Board on the Committee.Remuneration disclosures and approvals.
The remuneration of the Managers of the Company was disclosed at ₦80,326,002.29. Shareholders fixed the remuneration of Non-Executive Directors at ₦4.5 million for the year ending 31 December 2026 (and until further notice). Sitting allowances were set at ₦125,000 per meeting for Non-Executive Directors and ₦250,000 per meeting for the Chairman, effective from the date of the AGM.Related-party mandate and Articles amendment.
In line with NGX rules, shareholders granted a general mandate authorising the company, during the 2026 financial year and up to the next AGM, to procure goods, services and financing from related parties or interested persons on normal commercial terms consistent with its Transfer Pricing Policy. All such transactions entered into in 2026 prior to the meeting were ratified.
Shareholders also approved a special resolution inserting a new Article 73 into the company’s Articles of Association. The new article permits Directors’ meetings to be convened on shorter notice than normally required, provided all Directors entitled to receive notice have waived the notice requirement or are present at the meeting.
The resolutions were passed unanimously at the virtual meeting, which commenced at 11:00 a.m.
