Trouble in Lekoil as board fires CEO, Olalekan Akinyanmi

Lekoil Limited, an oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced the termination of contract of appointment of its Founder/Chief Executive Officer (CEO), Olalekan Akinyanmi, with immediate effect. What Lekoil is saying in its statementA statement issued by the company on Thursday, June 3, 2021, announcing […]

Our south east operation not shut down-First Bank

Leading financial institution, First Bank Nigeria has announced that it is fully in operation in the south east Nigeria. In a statement signed by Folake Ani-Mumuney, Group Head Marketing & Corporate Communications, no branch of the bank has been shut down in eastern part of Nigeria. People should disregard such rumour.

Tayo Amusan Acquires Shoprite Nigeria franchise

Supermarkets Nigeria Limited (RSNL), owner and operator of the Shoprite stores in Nigeria, by Ketron Investment Limited, a Nigerian company owned by a group of reputable institutional investors led by Persianas Investment Limited. The divestment by Shoprite International is in line with its strategy to change from an ownership model to a franchise model. This […]

FRAUDULENT ACTS AND LACK OF BACKGROUND CHECKS IMPEDING ORGANIZATIONAL GROWTH

Corporate organizations have been urged to avoid losses hindering the growth as a result of lack of background checks and due diligence on their employees. The CEO of Background Check International, Mr Kola Olugbodi says The issue of background check has become a critical one considering its overall importance to corporate governance.   According to him,In […]

Buhari Expresses Shock Over The Death Of General Attahiru, Others

PRESIDENT BUHARI EXPRESSES SHOCK, SORROW OVER DEATH OF LT. GEN ATTAHIRU, OTHERS President Muhammadu Buhari is deeply saddened over the air crash that claimed the Chief of Army Staff, Lt. Gen. Ibrahim Attahiru, and other military officers. The President condoles with families of the deceased, the military, and Nigerians in general, describing them as “heroes […]

The Wife Of Chief Of Army Staff did not die in Kaduna plane crash

The Chief of Army Staff, Lieutenant General Ibrahim Attahiru’s wife, Fati, did not die in a plane crash involving a Nigerian Air Force aircraft. The COAS and six other military officers died near Kaduna airport where the Chief of Army Staff was billed to commission a project in one of the military formations in Kaduna […]

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