Stanbic IBTC appoints Barend Kruger as Non-executive director

Afolabi Oluwaseun15 hrs

The Board of Directors of Stanbic IBTC Holdings PLC has announced the appointment of Barend Johannes Kruger as a non-executive director with effect from 18 January 2019 following the receipt of all required regulatory approvals. The board expressed delight at the appointment, as they look forward to benefitting from Kruger’s 30 years wealth of experience […]

Access Bank plans green bond issuance of N15bn

Adesola Afolabi15 hrs

Access bank Plc has said its proposing a green bond issuance of up to N15 billion and not N150billion as reported by some media houses. The bank made this known in a regulatory filing with the Nigerian Stock Exchange (NSE) on a Friday stating that its attention has been drawn to certain reports relating to […]

CAC registers 39,074 new business names in two months under N5,000 fees  strategy

Nse Anthony-UkoJanuary 16, 2019

Nigeria’s Corporate Affairs Commission  (CAC) says it has been able to register 39,074 business names between October and November 2018  following the implementation of its Business Incentive Strategy (BIS). The commission had under its BIS reduced the cost of business name registration from N10,000 to N5,000 for a period of three months  covering October 1 […]

Julius Berger board meets to approve Q4 results

Afolabi OluwaseunJanuary 16, 2019

Julius Berger Nigeria Plc., a leading construction company, has announced that its board audit committees would meet on Wednesday, January 30, 2019, to consider and approve its fourth quarter 2018 results. The meeting, according to a notification to the Nigerian Stock Exchange and its shareholders, January 17, 2019, to January 31, 2019, has been announced […]

Sterling Bank refreshes brand identity to align withstrategic intent

Adesola AfolabiJanuary 8, 2019

Sterling Bank PLC, Monday, announced a change to its company tag line and logo, saying the refreshed brand is in alignment of the current strategic positioning of the bank, The tag line was changed from ‘aiming for the moon’ to ‘The Rising Sun’, ” Justina Lewa company secretary and chief legal counsel of the bank […]

Magrellos opens restaurant in Moloney, rebrands Surulere outlet in Lagos

December 27, 2018

Magrellos Restaurant, one of Nigeria’s fastest rising quick service restaurant (QSR) brands has expanded its footprints with the opening of an upscale branch at Moloney Street, Lagos Island, Lagos and the reopening of its rebranded Surulere branch. Margaret Ohwofa, managing director, Magrellos Foods, said at the reopening of the rebranded Surulere branch that the move […]

Lufthansa appoints Nigerian woman GM sales

Afolabi OluwaseunDecember 20, 2018

Adenike Macaulay has become the first female Nigerian general manager, sales for Nigeria and Equatorial Guinea, after being appointed by the board of directors of Lufthansa Group. Macaulay will be responsible for all the commercial and sales activities of the Lufthansa Group Airlines in Nigeria and Equatorial Guinea, being the first female and Nigerian to […]

Tranex MD, Chidinma Iheme retires

Afolabi OluwaseunDecember 13, 2018

  Trans-Nationwide Express Plc (TRANEX), Thursday announced the retirement of its managing director, Chidinma Iheme. The company disclosed that Iheme’s retirement took effect from December 12, 2018 and Theodore Chikelu would be acting in her stead pending an official appointment. The board of Trans-Nationwide Express Plc used the medium to thank Chidinma Iheme  and wished […]

Desarrollar partners top firms to improve real estate solutions

Afolabi OluwaseunDecember 12, 2018

Desarrollar Limited, a Lagos based real estate solutions company in, has partnered with Union Trustees Limited, First Bank Trustees Limited, Banwo & Ighodalo and The Lodt Legal Partners to improve real estate services and solutions. The partnership will unveil Nigeria’s most secure and institutionalized real estate trust consortium aimed at safeguarding the financial investments of […]