30 results
- 28 Oct 2024
Oba Otudeko Honoured with Doyen of Business Award @Family Business Summit 2024
Dr. Oba Otudeko, business mogul and chairman of Honeywell Group, has been awarded the prestigious "Doyen of Business" accolade at the recently concluded Family Business Summit 2024. L-R: Tomi…
- 17 Mar 2025
Court Orders Oba Otudeko to Respond to Alleged ₦12.3Bn Loan Fraud Charges
A Federal High Court in Lagos has ordered Chief Oba Otudeko to appear in court and formally respond to charges related to a loan controversy involving N12.3 billion filed against him by the Economic…
- 8 May 2025
Loan Controversy: Court adjourns Otudeko, others’ case to June 11
A Federal High Court sitting in Lagos has adjourned the N12.3 billion loan controversy case involving the Chairman of Honeywell Group, Oba Otudeko, and three others, to June 11, 2025. Oba Otudeko,…
- 22 Nov 2012
Otudeko, Airtel’s Chairman Hails Company’s Accomplishments
Oba Otudeko, chairman of Airtel Nigeria, has said that the path-breaking role of his company is evolving new ideas and products to ensure that Nigerians of all occupations and lifestyles are fully…
- 21 Mar 2019
O&O Network Appeals Court Order to Deposit N22.5Bn for Airtel Shares
O&O Network has filed a notice of appeal against the ruling of the Federal high court ordering it to deposit N22.5 billion with the chief registrar of the court pending the determination of the…
- 24 Nov 2019
FG Taps Leo Stan Ekeh, Others for National Productivity Merit Award
Federal Government has nominated a number of prominent Nigerians including Leo Stan Ekeh, Aliko Dangote, Tony Elumelu, Oba Otudeko and 21 others for the prestigious National Productivity Order of…
- 21 Dec 2009
Otudeko Emerges FirstBank Chairman
A change of baton has taken place in Nigeria’s premier financial institution, First Bank of Nigeria Plc, as Dr. Oba Otudeko, an erstwhile non-executive director, was elected on Tuesday by the…
- 25 Aug 2017
Dangote, Adenuga Lead Nigeria’s Billionaires Club- Forbes
Forbes, the world renowned organisation for ranking of rich individuals, has released the list of richest people in Nigeria for 2017. The ranking issued today shows Aliko Dangote retaining his spot…
- 24 Sept 2013
Ecobank Rejects Otudeko’s $88m for Shares in Airtel Nigeria
Ecobank Transnational said it has no intention to sell shares in Airtel Nigeria at a loss, after reports that Oba Otudeko, FBN Holdings (FBNH) chairman had sought to purchase them at a…
- 15 Mar 2019
Court Faults Bharti Airtel Purchase of Airtel Nigeria Shares from Ecobank
Federal High Court in Lagos has ruled that Bharti Airtel’s purchase of Airtel Nigeria shares from Ecobank in 2018 was contemptuous and amounted to a flagrant disobedience of a court order. The…
- 24 Sept 2017
Honeywell Flour Mills Records Impressive Results, Posts N53.27Bn Revenue
Honeywell Flour Mills Plc. has released its audited financial results for the full year ended 31st March, 2017. The Company recorded a remarkable 191 percent increase in gross profit from N4.36…
- 6 May 2019
First Bank Plans Aggressive Debt Recovery to Boost Dividend Payout
Management of First Bank, has assured that it would continue to work tirelessly to ensure that it is brought down to a single digit by the end of 2019 financial year. Speaking at the 7th…
- 24 Jul 2025
SEC Grants “No objection” to N323Bn First Holdco Shares Deal
The Securities and Exchange Commission (SEC) granted a “no objection” to the N323.45 billion First Holdco off-market deal that occurred on July 16. The regulator in a statement clarified its role in…
- 16 Feb 2014
FirstBank, Hong Kong Forge Closer Business Ties
FirstBank of Nigeria Limited is collaborating with the government of Hong Kong to harness business opportunities in China and other Asian countries. The partnership is being supported by Invest Hong…
- 14 Apr 2014
FirstBank, Oyo Partner to Boost State’s Economy
First Bank of Nigeria is partnering Oyo State government for the planned economic summit, as part of its strategic initiatives to drive financial empowerment and contribute to the nation’s economic…
- 7 Sept 2015
Adeduntan to Take Over from Onasanya as First Bank Boss
First Bank of Nigeria Limited on Monday announced that its Chief Financial Officer and Executive Director, Dr. Adesola Adeduntan, would replace Mr. Bisi Onasanya as the Group Managing Director and…
- 13 Nov 2013
12 Richest Nigerians Have $65Bn in Fortunes
The 12 Nigerians on this year’s Forbes list of Africa's richest have a combined net worth of $65.3 billion with Aliko Dangote, the cement-czar at $20.8 billion. But while Nigeria basks in the…
- 12 Sept 2013
Nigerians Have Just 28m Bank Accounts-CBN
Nigeria with a population of 165 million people can only boast of about 28.6 million banks’ accounts despite having over 900 licensed microfinance banks, 22 deposit money banks and other formal…
- 12 Jul 2013
Elumelu Joins President Jonathan to Ease Chinese Investment in Nigeria
Tony O. Elumelu, African business leader and philanthropist joins President Goodluck Jonathan as part of a high powered delegation accompanying the Nigerian leader on a state visit to China which…
- 26 Feb 2013
Unveiling 20 Richest Men in Nigeria
BusinessNews , a web site owned by Aniekov Nigeria Limited has published the list of 20 richest people in Nigeria with Aliko Dangote of Dangote Group; and Mike Adenuga of Mike Adenuga Group…
- 30 Apr 2019
UBA Marks 70 Years of Excellent Services @ Special CEO Awards Gala
United Bank for Africa (UBA) Plc, Pan African financial institution, with operations in 20 African countries and in the United Kingdom, the USA and Paris, over the weekend, celebrated 70 years of…
- 20 Nov 2012
Zakaria @ Airtel Night of Influence Urges Nigerian Leaders to Invest in Future
Dr. Fareed Zakaria, renowned journalist, internationally acclaimed author and host of popular, Fareed Zakaria’s GPS on CNN has urged Nigerian leaders to take charge of the country’s future by…
- 2 Nov 2012
Segun to Replace Swaroop as Airtel Nigeria Boss
Bharti Airtel, a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, has announced the appointment of Segun Ogunsanya as the chief…
- 26 Nov 2019
Tony Elumelu to Receive NPOM Award from FG
Tony O. Elumelu, founder of The Tony Elumelu Foundation (TEF) and chairman of the United Bank for Africa Group (UBA) and Heirs Holdings, will be conferred with the National Productivity Order of…
- 14 Oct 2021
2021 Annual General Meeting: Honeywell Flour Mills to Advance Technology Infrastructure in 10-Year-Plan
Honeywell Flour Mills Plc. (HFMP), leading foods manufacturer, has informed shareholders of its 10-year-plan to increase investment in innovative product development and advanced technology…
- 24 Oct 2021
FBN Makes U-turn, Confirms Otedola’s Acquisition of 5.07 Per Cent Stake
FBN Holdings (FBNH) Plc at the weekend confirmed that Mr Femi Otedola, business mogul has acquired 5.07 per cent equity stake in the company. This is coming hours after the big lender denied…
- 17 Dec 2021
Remi Babalola Quits FBN Holdings as Chairman, CBN Appoints Alhaji Ahmad Abdullahi as Replacement
Mr Remi Babalola, chairman of FBN Holdings Plc, has exited his position barely nine months after he was appointed. The Central Bank of Nigeria (CBN) has also approved the appointment of Alhaji Ahmad…
- 14 May 2012
Resourcery Implements First All Pre-Terminated Data Centre Cabling
Resourcery Plc has implemented the first Systimax Pre-terminated copper and fiber fabric Solution Data Centre for leading telecommunications service provider, Airtel Nigeria. Leveraging on its status…
- 14 May 2012
Airtel Capped Best Network, Launches Intelligence Nerve Centre
Airtel Networks Limited was last Wednesday capped the mobile telecommunications operator with the best service quality in the country by the Nigerian Communications Commission (NCC). The even…
- 19 Jul 2010
Bharti-Airtel Says it Supports Number Portability, Co-location
Bharti-Airtel, the new owners of Zain Nigeria, has signaled its intention to adopt number portability as a means of giving Nigerian telecommunications consumers the freedom of choice. Mr. Manoj…