30 results
- 13 Dec 2021
New Board and Interim Management of AEDC Assume Office
A new board and interim management of Abuja Electricity Distribution Company (AEDC) recently assumed office. Victor Osadolor The board is made up of Victor Osadolor as chairman. Osadolor is currently…
- 1 Mar 2023
Ad Dynamo by Aleph Taps Stephen A. Newton as Managing Director for Africa
Ad Dynamo by Aleph has appointed Stephen A. Newton as its managing director for Africa. Newton will prioritise pan-African expansion and assisting Ad Dynamo by Aleph’s partners in overcoming the…
- 24 May 2010
CBN Confirms Appointment of Three Bank CEOs
The Central Bank of Nigeria (CBN) has confirmed as substantive managing directors the managing director-designates of three banks. They are Mr. Godwin I. Emefiele, for Zenith Bank PLC, Mr. Phillips…
- 30 Oct 2024
NAICOM Sacks African Alliance Insurance Board
The National Insurance Commission, (NAICOM), on Wednesday, sacked the board of African Alliance Insurance Plc with effect from October 30, 2024. The Commissioner for Insurance, Mr. Segun Omosehin,…
- 18 Oct 2022
We Need to Calm the Chaos that Domestic Workers Endure
Luke Kannemeyer, SweepSouth Interim Managing Director Life feels like a high-wire act these days. Chances are that you and everyone you know has been dealing with a heightened sense of anxiety. The…
- 5 Mar 2023
Absa Taps Abdi Mohamed to replace Jeremy Awori as CEO
Absa Bank Kenya has picked Abdi Mohamed as its new chief executive officer, replacing Jeremy Awori. Abdi takes over from Yusuf Omari, who served in an acting capacity after Awori’s exit. “This…
- 23 Oct 2021
First Bank Denies Reports of Otedola Takeover
FBN Holdings Plc Friday denied claims by online media that Femi Otedola, business mogul, has acquired majority stake in the bank. Femi Otedola In a statement signed by Seye Kosoko, company secretary,…
- 29 Aug 2017
Diezani Loses N7.6B Loot, Protesters Demand Extradition from UK
The Federal High Court in Lagos yesterday ordered the final forfeiture of N7.6billion allegedly stolen and hidden by Mrs Diezani Alison-Madueke, former Minister of Petroleum Resources. This came as…
- 24 Jan 2019
NAICOM Appoints New Management For Goldlink Insurance Plc
National Insurance Commission (NAICOM), has approved the appointment of a new management for Goldlink Insurance Plc, after the restructuring of the Interim Management Board. According to a statement…
- 6 Apr 2021
Rite Foods Seeks Court Order to Send NBC Boss to Prison
Rite Foods Limited, a Nigerian Foods and Beverages Company, has filed an application of committal against the Nigerian Bottling Company (NBC) and its managing director at a Federal High Court in…
- 12 Aug 2020
Liquidation of Fortis MFB Adhered to Guidelines- NDIC
Nigeria Deposit Insurance Corporation (NDIC) said it adhered to statutory guidelines on the resolution and liquidation of Fortis Microfinance Bank (MFB) and the protection of interest of depositors.…
- 12 Oct 2009
Folayan Takes Mantle of Leadership at ETB
Gbolahan Olukayode Folayan (OON), the newly-appointed Managing Director of Equitorial Trust Bank has assumed office. Folayan, a fellow of the Chartered Institute of Bankers, financial/investment…
- 26 Feb 2014
RisingRose is Customer-Centric -Linda
Linda Austin-akuta is the managing director of RisingRose Nigeria Limited. Linda, a pious manager is a graduate of Lagos State University (LASU), obtaining Bachelor of Science in Political Science.…
- 22 May 2016
How Lubcon Became Official Lubricant Blender for Yamaha-Williams
The appointment of Lubcon International, Nigeria’s fast rising pan Africa lube manufacturing firm, by JX NIPPON, one of the biggest oil and gas companies in Japan to blend its Yamalube brand on its…
- 11 Mar 2014
Essien Become Ecobank Transnational new Group CEO
Ecobank Transnational Incorporated (ETI) has announced the departure of Mr. Thierry Tanoh, group CEO with effect from March 12 and the appointment of Mr. Albert Essien as his replacement. Effective…
- 11 May 2017
Etihad’s Board Confirms Ray Gammell Interim Group CEO
The Etihad Aviation Group Board of Directors have appointed Ray Gammell as interim Group CEO, and confirmed that James Hogan, current President and Group CEO, will leave the company on 1 July 2017.…
- 9 Jul 2020
NDDC Spent N1.5Bn on COVID-19 Palliative for Staff— MD
Niger Delta Development Commission (NDDC), has reportedly spent some N1.5 billion on staff as ‘COVID-19 relief funds’. Kemebradikumo Pondei, acting managing director, made the investigative hearing…
- 14 Jun 2018
Senate Orders Immediate Deportation of Samsung MD/CEO
The Senate has ordered the Nigeria Immigration Service (NIS), to deport Mr Young Ho Jo, the Managing Director of SAMSUNG back to South Korea for allegedly coming into the country without proper…
- 6 Jun 2021
Nwakanma, Alale Line-up for 2021 Nigeria DigitalSENSE Forum
Nnenna Nwakanma, chief Web Advocate at the World Wide Web Foundation,and Dr. Abimbola Alale, managing director of the Nigerian Communications Satellite, (NigComSAT), have been lined-up to speak at…
- 9 May 2024
FBNQuest Merchant Bank Reports Strong Financial Performance and Strategic Growth Initiatives in 2023
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, successfully held its 9th Annual General Meeting recently. The gathering served as a platform to…
- 19 Jul 2021
SEC Settles Protracted Legal Tussle with Oando
Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the shareholders of the company and the capital market after years of legal…
- 23 Jun 2021
Internet Contract: Auditor-General Asks Aziz, NIMC Boss Refund to N229m
Office of the Auditor-General of the Federation (AuGF) has asked Aliyu Abubakar Aziz, director-general, National Identity Management Commission (NIMC) to refund N229 million into the federal…
- 13 Feb 2024
Group Seeks to Jail American Tower’s Nigeria CEO for Contempt of Court
Incorporated Trustees of Human Environmental Development Agenda Resource Centre have asked the Federal High Court in Lagos to commit the Managing Director of ATC Nigeria Wireless Infrastructure…
- 24 Jun 2013
Cyber Crime Killing Nigeria’s Economy-Ajayi
Engineer Lanre Ajayi is the president, Association of Telecommunication Companies of Nigeria (ATCON) and former president, Nigerian Internet Group (NIG). He is also the managing director of Pinet…
- 23 Apr 2012
GTBank Commences Operations in Cote D’Ivoire
Guaranty Trust Bank Plc has launched its Francophone West Africa expansion with the opening of its first branch in Cote D’Ivoire last Monday. Segun Agbaje, managing director, GTBank that the…
- 10 Apr 2017
GTBank Records N1trn Transactions via 737 USSD- Based Platform
Guaranty Trust Bank Plc on Friday said it recorded over N1 trillion transactions via the bank’s 737 payment and service delivery platform. Mr Segun Agbaje, bank’s managing director, said this at the…
- 22 Feb 2021
Senate Orders Arrest of NDDC Boss over Alleged N6.25Bn Fraud
The senate committee on ethics, privileges and public petitions has ordered the arrest of Effiong Akwa, sole administrator of the Niger Delta Development Commission (NDDC), over the non-appearance of…
- 8 Jan 2018
FG Restores Gas Supply to 6 GenCos After Repair of Burnt pipeline
The Minister of Power, Works and Housing, said that it has repaired and restored the western gas pipeline that supplies about six power Generation Companies (GenCos) producing about 3,100 megawatts…
- 23 Sept 2020
HP, AU Commission Sign MoU to Collaborate for Development of Entrepreneurial Skills in Africa
HP Inc. in partnership with the African Union Commission (AUC) signed a Memorandum of Understanding (MoU) to foster entrepreneurial learning in Africa. The aim of the MoU is to further cement the…
- 11 Nov 2020
Africa’s Internet Economy Estimated to Worth $180 Billion by 2025 – According to New Google-IFC Report
A new report released on Wednesday by Google and the International Finance Corporation (IFC), estimated that Africa’s Internet economy has the potential to reach 5.2% of the continent’s gross…