Union Bank announces passing on of board chairman
Businessam Staff
September 19, 2019
Union Bank Plc., Thursday announced that its board chairman, Cyril Odu has passed on. A statement from the bank made available on its twitter and instagram handles indicated that the seasoned banker died on Tuesday, September 17 after a brief illness. “Mr Odu was an outstanding leader who brought a wealth of experience and intellect […]
Lafarge Africa appoints Kaul-Meledje as interim CFO following the resignation of Bayet
Afolabi OluwaseunSeptember 18, 2019
Lafarge Africa Plc has announced the appointment of Marie-Christine Kaul Meledje as its interim chief financial officer of the company, following the resignation of Bruno Bayet In a statement signed by Adewunmi Alode, the company’s secretary, Kaul-Meledje will hold the forte as the company continues to search fervently for a new chief financial officer Mobolaji […]
NSE lifts R.T Briscoe’s suspension
Afolabi OluwaseunSeptember 18, 2019
The Nigerian Stock Exchange (NSE) today, announced that it has lifted the suspension it had earlier placed on the shares of R.T. Briscoe Nigeria Plc, after the club failed to submit its financials as at when due. In a statement signed by Godstime Iwenekhai, NSE’s Head of Listings Regulation Department, the exchange stated that the […]
Five Cowries, pcl. partner to drive social change at 2019 Totally Thames Festival, London
Adesola AfolabiSeptember 16, 2019
Phillips’s Consulting’s (pcl.) has announced its partnership with Five Cowries initiative, towards driving social change and achieving one of its core goals- impacting lives. A statement from the company made available to business a.m indicated that the partnership, saw pcl. create awareness on the importance of water and its availability, at the 2019 Totally Thames […]
Clickatell woos Nigerian businesses with chat commerce solution
Businessam StaffSeptember 16, 2019
Proffering a cost effective method to handling transactions and reducing risk from purchases, Hannes Van Rensburg, chief commerical officer Clickatell says Nigerian businesses can be successful and better managed with the adoption of chat commerce. According to Rensburg, the reason why e-commerce companies in Nigeria are struggling is because the population of Nigerians that browse […]
PTOL rejigs management team, appoints South African maritime expert as MD
Ben EguzozieSeptember 13, 2019
Ben Eguzozie, in Port Harcourt Ports and Terminal Operators Limited (PTOL) Nigeria, an indigenous firm operating in the nation’s maritime industry, has taken steps to reposition the company for optimal performance, with the coming on board of a new management team to be headed by Denrick Moos as managing director. Moos, a South African maritime […]
Companies face new levy as Nigerian govt targets net profit with PTF Act
Businessam StaffSeptember 13, 2019
Omobayo Azeez The Federal Government of Nigeria has put a new tax obligation on the net profit of companies operating in the country. This followed the passage of a law tagged, The Nigerian Police Trust Fund Act, which was passed by the National Assembly in April 2019, and signed into law by the President on […]
FBNQuest Trustees to reveal legacy preserving techniques as it marks 40yr milestone
Businessam StaffSeptember 12, 2019
At an event that will host its stakeholders, FBNQuest Trustees has said it will share key insights on the importance of corporate trust management, estate planning, and wealth transfer, which are crucial elements to ensuring the preservation of legacies. The company in a statement made available to business a.m Thursday also indicated that the event […]
NAICOM approves two new takaful insurance firms for take off
Adesola AfolabiSeptember 9, 2019
The National Insurance Commission (NAICOM) has granted approval in principle (AIP) to two new firms. A statement issued by Rasaaq Salami, head, corporate affairs of the Commission, revealed the names of the firms as Cornerstone Takaful Insurance Company Ltd and Salam Takaful Insurance Company Ltd. The companies will operate as composite Takaful operators to transact […]
Poor data management costs companies millions each year
Businessam StaffSeptember 4, 2019
Companies are failing to meet user demand for uninterrupted access to applications and data and it is costing them millions each year. They are now looking to embrace Cloud Data Management to better meet protection needs and leverage the power of their data, the 2019 Veeam Cloud Data Management report has revealed. The report surveyed […]