Union Bank announces passing on of board chairman

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 […]

NSE lifts R.T Briscoe’s suspension

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

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

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 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 […]

NAICOM approves two new takaful insurance firms for take off

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

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 […]