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Companies
Companies Adaora Umeoji Is Zenith Bank’s New GMD
Zenith Bank Plc has appointed Dame Adaora Umeoji as its new Group Managing Director/Chief Executive effective June 1, 2024.
Her appointment is however, subject to approval by the Central Bank of Nigeria (CBN).
She will replace…
GTCO Adds N216.32bn WoW In Market Cap
The stock price of Guaranty Trust Holdings Company Plc (GTCO) has jumped to N48.45 in one week, adding N216.32 billion in market capitalisation in its Week-on-Week performance.
The stock which rose in anticipation of the proposed plan to…
Tesla Germany Staff To Elect New Council To Gain Control Over Work Conditions
Tesla's staff in Germany will elect a new works council next week, when the IG Metall union hopes to gain greater influence over pay and working conditions after it accused the U.S. carmaker of inadequate safety provisions.
A suspected…
NOVA Merchant Bank Records $65.12m FDIs In 2023
NOVA Merchant Bank, a leading merchant bank in Nigeria, recorded $ 65.12 million in Foreign Direct Investments (FDIs) in 2023, a remarkable 76.1 per cent increase over the prior year's figure.
It recorded $36 million in FDIs in 2022.…
Obong Idiong Becomes Heirs Technologies Chief Executive Officer
Heirs Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its Chief Executive Officer.
Idiong brings considerable experience in the technology sector and a visionary approach to this…
Aigboje Aig-Imoukhuede Returns As Access Holdings Chairman
Access Holdings Plc on Wednesday announced the return of Aigboje Aig-Imoukhuede as its Non-Executive Chairman.
Aig-Imoukhuede, replaced Abubakar Jimoh, the erstwhile Chairman of the HoldCo who remains on the Board as an Independent…
UnityBank Partners SkillPaddy To Train 1,000 Female Software Engineers
Nigerian lender, Unity Bank Plc is partnering with SkillPaddy in its “Count Her In” tech Programme focused on empowering no fewer than 1000 female beneficiaries in Software Engineering Training.
The IT skill development and empowerment…
Inflation: Nigerian Breweries Increases Price Of Products For Second Time In Two Months
Nigerian Breweries Plc has announced another increase in the price of its products.
The announcement would make a second upward review of prices in two months after an earlier increase in February.
The new price review will take…
Evercore Says Apple Sell-Off Is Overdone, Sees Strong Support At Current Levels
Apple stock remains one of the very few underperformers among Big Tech companies in 2024, losing roughly 10% year-to-date.
However, Evercore ISI analysts believe the sell-off in the iPhone maker’s shares may be “overdone.”
The broker…
Union Bank Urges Inclusivity, Empowerment At 2024 International Women’s Day Celebration
Union Bank of Nigeria has re-emphasised its advocacy for an equitable and inclusive society devoid of biases, stereotypes, and discrimination.
This assertion was made at a special event hosted by the Bank to commemorate this year’s…