The board of directors of PZ Cussons Nigeria Plc has announced the retirement of the Chief Executive Officer of the conglomerate and the appointment of a new one. This was disclosed in a notification that was signed by the Company Secretary/Legal Adviser, Jacqueline…
Dangote to commence 100,000 barrels of oil production
Africa’s richest man, Alhaji Aliko Dangote is set to diversify his business empire by venturing into the oil sector. The billionaire will reportedly begin oil production in July from the two assets acquired from Royal Dutch Shell Plc. Dangote is also working…
MTN CEO to step down
MTN group president and CEO Rob Shuter will step down at the end of his fixed four-year contract in March 2021, the company announced on Wednesday. “Under his leadership significant progress has been made, including establishing and effectively communicating a…
Soetan is Ikeja Electric’s Ag CEO
Mrs. Folake Soetan has been appointed as the Acting Chief Executive Officer (CEO) of Ikeja Electric (IE) with effect from March 2. She takes over from Dr. Anthony Youdeowei, who has been the CEO in the last four years. Youdeowei…
BeepTool Poised To Take A Share Of Nigeria’s Satellite Connectivity Market – CEO John Enoh
BeepTool Communications, a Nigeria-based satellite-as-a-service and integrated digital ecosystem, is set to officially roll out its services across states in the country during this year’s second quarter. The Lagos-based company which describes itself as “disruptive Africa-focused satellite-based connectivity-as-a-service and integrated…
Transcorp, Flutterwave, Access… five Nigerian companies nominated for Africa CEO awards
Four Nigerian companies have been nominated for the Africa CEO Forum awards for the year 2020. The awards which are scheduled to hold at Sofitel Abidjan Hotel Ivoire, Abidjan, Côte d’Ivoire from March 9 to 10 is in partnership with Mazars,…
Transcorp Group makes key board appointments
Transnational Corporation of Nigeria Plc (Transcorp) yesterday made key appointments to the conglomerate’s Board and Executive Management. The appointees are Owen Omogiafo, President/Group CEO, Transcorp Group and Dupe Olusola, as the Managing Director/CEO, Transcorp Hotels Plc. The appointments take effect…
Avocado society gets new CEO
The Avocado Society of Nigeria has announced the appointment of Adeniyi Bunmi as its new chief executive officer. Bunmi, who is the founder of Gogreen Impact Africa Initiative, is to preside over the affairs of the association for the next…
Access Bank dispels rumour about its CEO being arrested
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 executive was arrested by the Economic and Financial Crimes Commission (EFCC), in connection to the recent court judgement against…
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 Osadolor, who retires from the Group Board, after nine years of…