First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has introduced the Visa Multi Currency Card, an All-in One-Card and first of its kind to be offered by any financial institution in Nigeria. This card can be linked to all of four currencies namely: NAIRA, USD, EURO and GBP accounts. With the […]
The Securities and Exchange Commission, SEC, has announced interim management board to oversee the runnings of Oando Plc and conduct an Extra Ordinary General Meeting on or before July 1, 2019. The interim management will appoint new Directors to the Board of the Company, who would subsequently select a Management Team for Oando Plc. SEC […]
The Securities Exchange Commission (SEC) has removed Wale Tinubu and Omamofe Boyo Boye as Group Chief Executive Office of Oando Plc and Deputy respectively and barred them from being a director in a public company for the next five years. This is coming on the heels of the SEC investigation of Oando Plc following the […]
Global Champions League sponsor, premium international beer brand, Heineken this past weekend reopened the upgraded Heineken House in Lagos. This reopening of the Heineken house is expected to open the door to the top-notch parties that Heineken has been known for, the first being the Champions League Finals match viewing which Senior Brand Manager, Mfon […]
Lagos Nigeria, April 25, 2019: Following its impressive full year results for 2018 released recently, Fidelity Bank Plc has started the new financial year strongly, posting a very impressive first quarter result. Details of the top lender’s first quarter results released at the NSE yesterday show appreciable growth in earnings, profits for the period ended March […]
L-R: Member, Governing Council, Bank Directors’ Association of Nigeria (BDAN), Onari Duke; President, Governing Council of BDAN, Osaretin Demuren; Chairman, Board of Directors, Fidelity Bank Plc, Ernest Ebi; and Vice President, Governing Council, BDAN, Funmi Oyetunji at the 2019 Bank Directors’ Conference themed ‘Cybersecurity in Banks: The Role of the Board’ held at the Oriental […]
A Federal High Court in Abuja has set aside the sale of telecommunication firm, Etisalat International Nigeria Limited (9mobile) to Teleology Nigeria Limited. Justice Binta Nyako, in a ruling, voided all steps taken in relation to the exchange of ownership of Etisalat despite pending orders for maintenance of status quo, restraining parties to a suit, […]
Lagos, Nigeria, April 2, 2018 — Ifeyinwa Ugochukwu, former Director of Partnerships and Evaluation, Tony Elumelu Foundation has assumed her new role as the Foundation’s CEO on April 1. Ifeyinwa becomes the third CEO and the first African to become the Chief Executive Officer of the Tony Elumelu Foundation. In December 2018, the Foundation, the leading African […]
The fact is that the odds are stacked against new businesses. Half of them will shut down within five years because of challenges that they do not have control over. What about the ones they do have control over? How did they manage? These are important questions which do not really concern teething businesses and […]
The 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 said shares have been the main issue in the protracted dispute between Dr. Oba Otudeko and O & O Networks Limited (a […]