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Lagos
Tuesday, July 5, 2022
President Muhammadu Buhari Friday in Abuja assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly. The President’s action on this important piece of legislation, therefore, repealed and replaced the extant Companies and Allied Matters Act, 1990, introducing after 30 years, several corporate legal innovations...
The support base of embattled President of the African Development Bank (AfDB), DR. Akinwunmi Adesina has been strengthened by two top level individuals, Sierra Leone President, Julius Maada Bio and Harold Doley, the first United States representative to the AfDB. They are the latest joining in with their voice. In...
New Partnership for Africa's Development (NEPAD), a socio-economic flagship programme of the African Union Development Agency (AUDA), otherwise called AUDA-NEPAD, has launched the Micro, Small and Medium Enterprises (MSME) Academy, in partnership with Ecobank Group. Spearheaded under AUDA-NEPAD '100,000 MSMEs by 2021' (100K MSMEs) programme for Africa’s Micro, Small and...
Mrs. Nneka Onyeali-Ikpe is expected to take over from Mr. Nnamdi Okonkwo as the Managing Director/Chief Executive Officer of Fidelity Bank Plc effective January 1, 2021. The bank disclosed this on Monday in a notice by the Company Secretary, Ezinwa Unuigboje, to the Nigerian Stock Exchange (NSE) and the general...
Incumbent President of the African Development Bank, Akinwumi Adesina, is set to be re-elected for the second term in office as the multilateral development institution, for the first time in the history, holds its Annual Meetings virtually to comply with the novel Coronavirus (COVID-19) pandemic-related social-distancing guidelines. Adesina is running...
African Trade Insurance Agency (ATI) has confirmed key senior-level positions that would play an important role in steering critical support to member governments. The appointments, which were approved by the Board of Directors, included a veteran of the World Bank’s IFC, Manuel Moses, who has been appointed as the new...
A Central Bank of Nigeria (CBN) data has revealed that the naira has fallen by 108 per cent against the West African CFA (popularly known as CFA). As the West African CFA rallies to wipe out the hitherto wide trading gap between the two currencies, it gained 36 kobo from...
Idowu Sowunmi For the third time in a row, Dangote Group has emerged as the most admired brand of African origin by consumers. Also, GTBank has emerged as the most admired financial brand in Africa and the United Kingdom's BBC retained its media category ranking as the most admired media brand...
Polaris Bank has appointed Innocent Ike as Acting Managing Director/Chief Executive Officer. The bank, in a statement, announced Ike’s appointment to succeed Adetokunbo Mukhail Abiru, who recently retired from the bank. The outgoing managing director has been touted to become the flagbearer of the All Progressives Congress (APC) in Lagos State...
A pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as the Group Executive Director with effect from August 1. Okeke has had a distinguished three-decade career at the United Bank for Africa Plc (UBA), where he recently served as an Executive Director in charge of leading...