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Trending News: LG Funds: Osun Objects Hearing of Suit against CBN, Accountant General by Abuja Vacation CourtAbbas, Edun Disagree Over Nigeria’s Rising Debt ProfilePresidency Sacks Tinubu’s AideGroup Chides Sowore Over IGP Attacks, Calls for Ex-IGP Alkali’s ProbeCVR: Over 3.5m Nigerians Registered in Three Weeks, Says INECMiller Williams Appointed As Head Of Publishing At emPawa AfricaOgun is Nigeria’s Top Investment Destination, Abiodun Tells AfCFTA Panel in AlgiersCivil Group Alleges Plot to Undermine EFCC, Destabilise Tinubu’s Anti-corruption AgendaKatsina Gov Confirms Negotiation with Bandits in Frontline LGAsJAMB Panel Uncovers 4,251 Finger Blends, 190 AI Cheats In 2025 UTMEPort Harcourt-Aba Train Service to Resume Operation Tuesday, Says OfficialIOM Unveils €5.1m Project to Foster Peace, Socio-economic Stability in Katsina, ZamfaraNDLEA Smashes Drug Cartel, Arrests 3 Kingpins, Seizes N5.3bn Australia-bound CocaineNAS Demands Increased Funding, Digital Inclusion, Accountability in Education SectorStakeholders Reunite as Adeleke Resolves Ife PDP FeudCourt Halts UNILAG SSANU Election over Leadership CrisisBREAKING: Nigerian Nursing Council Ends Policy Eliminating Students After Three Failed Exam AttemptsNOA, NAFDAC Lead as Consumers Vote  in Value AwardsCollege Principal, Two Others Abducted in NigerYouths Tasked on Active Participation in PoliticsAbeokuta/Sango-Ota/Lagos Road Rehabilitation: A Symbol of Ogun Govt’s Commitment5th Meeting of the Angola-Nigeria Bilateral Joint Commission Holds Tuesday in LuandaCustoms Exempts Imports Within $300 Threshold from Duty PaymentC’ River to Host AfSNET 2026 As Gov Signs Agreement With AfreximbankEcobank Nigeria Set to Host Second Edition of Design & BuildIf Obi Picks ADC Presidential Ticket, It’ll Be Tough for APC, Says UgomuohShettima Pledges Enhanced Military Operations Against TerroristsBishop Okonkwo a National Treasure – Gov Abiodun Payment for Project Implementation: How FG, Contractors Reached Accord Through Kalu’s Diplomatic EffortsBREAKING: Gunmen Kidnap Wife, Daughter Of APC Chairman In KwaraBREAKING: Southern Kaduna Village Attack Survivor Dies, Death Toll Climbs To NineEl-Rufai: There Are Now More Poor Nigerians Than Our 1960 PopulationFG Calls for Truce as NUPENG Vows to Embark on Strike Today Over Dispute with DangoteCardoso: CBN Committed to Economic Stability, Stronger Banks, More Investment InflowsNULGE: AGF Plotting to Preempt S’Court, Set to Pay Osun LG Funds to APC Chairs, Councillors Sacked by CourtATCIS Nigeria Kicks against 100% Hike in Passport FeeRMRDC DG Hails Shea Nuts Ban, Insists Raw Materials Should Not Be Exported Without 30% Value Addition After Six Years, Court Clears First Nation CEO, Odukoya of Fraud AllegationsGas Flaring: Carbon Offset to Address Crime, Violence in N’DeltaMalnutrition: UNICEF Stresses Need for States’ Urgent, Sustained Investment in Child Nutrition, SurvivalTinubu Rejoices with Shettima, Others on Emergence as Fellows of Nigerian Economic Society Expert Warns against Catastrophe in Power Market as Senate Amends Electricity Act 2023 Two Years after Steel Devt’ Ministry Seeks Strengthening of NMDC, Jos to Align with FG’s Mandate United Nigeria, South West Airlines Seal Agreement for Delivery of 6 Boeing B737-800 Olori Atuwatse III Champion African Women’s Conference Towards Empowerment Leadway Holdings Announces Acquisition of PAL PensionsRep. Member Backs Enugu State over Alleged Contract Breach, Urges EFCC to Recover N5.7bn from ContractorBauchi Govt Recommits to Providing Quality, Free Healthcare Services to Pregnant Women, U-5 Children Nigeria Hosts Global Business Mixer Ahead of Global Entrepreneurship Festival in GhanaAzuh Arinze Conferred CIPA FellowshipWho is Afraid Of Yayi?FirstNation: EFCC Yet to Update Website Months After CEO’s AcquittalOramah, Others Reaffirm Commitment to Global AfricaEXCLUSIVE: Inside INEC’s Secret Plot To Manipulate 2027 Elections For Tinubu, APC; Abdulrazak Yusuf Tipped To Replace YakubuBREAKING: Sowore Writes X, Urges Platform To Reject ‘Unlawful’ DSS Request To Delete Post Criticising Tinubu, Warns Against Aiding State RepressionTinubu Rejoices With Shettima, Others On Emergence As Fellows of Nigerian Economic Society DSS Petitions Elon Musk’s X Platform, Demands Deactivation Of Sowore’s Account Over Post Criticising President TinubuPDP Govs, Wike’s Loyalists in Battle Over Chairmanship, Secretary2027: APC Desperately Plotting to Infiltrate Our Ranks, Hijack Our Structures, Labour Party Cries OutGov Alia Laments Killing of 76 Security Personnel in Benue in One Year, Doles out N5m to Deceased’s FamiliesIn Joint Operation, Troops Eliminate over 30 Insurgents in North-east, Recover Weapons from Armed Herders in BenueNLC Backs NUPENG’s Strike as Tanker Drivers Reject Industrial ActionIn Joint Operation, Troops Eliminate over 30 Insurgents in North-east, Recover Weapons from Armed Herders in BenueNEMA Confirms 231 Persons Dead, 607 Injured, 315,762 Affected in 2025 Flood in 86LGAs, 25 StatesAhmad: Tinubu Approved N158bn to Empower 650,000 Youths With Technical, Vocational, Digital SkillsCross River AGN Elects Beatrice Akonjom as ChairmanReturn to Clay Vessels ‘ll Save Nigeria Billions of Naira in Healthcare, Says Varsity DonNOA Intensifies Multi-media Enlightenment Campaigns in EkitiAdeniyi Urges Faster Integration, Outlines Measures to Reposition African ExportersAhead of 45th Anniversary, ESUT Faculty Of Engineering Lists AchievementsCelebrating Behind-the-Scenes Efforts of DSS in Arrest of Ansaru Terrorist LeadersBREAKING: Over 60 Residents, Soldiers Killed In Borno Community In Boko Haram MassacreNorrenberger Awarded Best Workplace in Financial Services-Nigeria 2025 by Great Place to WorkRising Insecurity: Sule Opts for Technological Warfare Food Security: Groups Train Farmers on Organic Farming, Agroecology in KanoGen. 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Tue. Sep 9th, 2025

Shareholders Back ASO Savings & Loans N120bn Recapitalisation 

Kayode Tokede 

Shareholders of ASO Savings & Loans Plc have thrown their weights behind ongoing N120 billion recapitalisation of the bank. 

Shareholders, who spoke after the annual general meeting (AGM) of the bank, said the steady progress being made under the current board and management has reinforced confidence in the outlook of the bank.

They noted that the holding of the AGM, the first in more than 10 years, signalled the return of the bank to effective compliance and operational excellence. 

President, Association for the Advancement of Rights of Nigerian Shareholders (AARNS), Dr Faruk Umar, who spoke on behalf of the shareholders, said the bank has made commendable progress under the current leadership.

“We fully support the bank’s ongoing N120 billion recapitalisation programme and the strategic  plan for integration with Union Homes Savings & Loans Plc, which we believe will enhance capacity, unlock new value, and strengthen ASO’s role in Nigeria’s mortgage finance sector.

Shareholders assured that they would continue to support the strategic initiatives by the board and management.

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