Nigeria’s Access Bank Plc said its Group Chief Executive Officer, Herbert Wigwe, was not arrested last week contrary to rumours that circulated across social media. Rumour had it that the business exe…
UBA Africa gets new CEO
The United Bank for Africa Plc (UBA) today, announced that Oliver Alawuba has been appointed as CEO of UBA Africa, overseeing the bank’s 20 African country operations, ex-Nigeria. He succeeds Victor O…
Dangote Cement gets a surprising replacement for Joseph Makoju as he retires
The Board and Management of Dangote Cement Plc have announced the retirement of Joseph Makoju as a board member and Group Managing Director/CEO of the cement maker. According to a statement signed by …
Hyundai to set up car plant in Nigeria
Hyundai Engineering Company Limited said on Tuesday that it was on the verge of setting up a car plant in Nigeria. The South Korean firm also said it would invest in the rehabilitation of the country’…
Kid CEO Dreams big, meets Dakore, Praiz
It was an exciting moment for Nigeria’s first one-day kid-CEO, Adeoluwa Ademuwa Ifeoluwa, as he recently met with movie star Dakore Egbuson-Akande and singer Praiz at the MTN’s head office in Ikoyi, L…
Maersk MD battle for life as armed men kill wife in Lagos
Armed men suspected to be robbers on Sunday night killed the wife of Managing Director Maerskline Gildas Tohouo and critically injured the man at their Luggard Drive, Ikoyi residence. The couple resid…
Nigeria: Allen Onyema, CEO of Air Peace, chased by US justice
Allen Onyema is a national hero who repatriated at his own expense hundreds of Nigerians who had been victims of xenophobic attacks in South Africa. Now, the founder of one of Nigeria’s leading …
Knight Frank Crowns New CEO in Nigeria
Knight Frank, the world’s largest independent residential and commercial property consultancy, has announced the investiture of a new Senior Partner/CEO, Frank Okosun for Knight Frank Nigeria. The cer…
Meet the businessmen behind Dangote Flour acquisition
Dangote Flour Mill may soon delist from the Nigerian Stock Exchange after completion of the takeover by Olam International. Crown Flour Mills Limited, a subsidiary of Olam International, will now hand…
INTERVIEW: Why unmonitored borders, fuel subsidy are harmful to Nigerian economy — Matrix Group CEO
The recent closure of the Nigerian borders with its neighbouring countries appears to have recorded positive impacts for the economy, as the Petroleum Products Pricing Regulatory Agency (PPPRA) says t…