Fidson Healthcare appoints new director
Businessam StaffMarch 23, 2018
Fidson Healthcare Plc, a world-class healthcare company, has announced the appointment of Olusegun S. Adebanji as a director of the company. Adebanji was appointed during the company’s board meeting held 15th of January 2018 as announced on the Nigerian Stock Exchange website Friday. Adebanji before his appointment served at Heineken as managing director of Ghana Breweries Ltd […]
International Civil Aviation reappoints Fang Liu secretary general
Ajose SehindemiMarch 19, 2018
The Council of The International Civil Aviation Organisation (ICAO) has reappointed Fang Liu of China by acclamation as secretary general of the UN specialised agency for a second three-year term, beginning Aug. 1. Liu was first appointed to the position on Aug. 1, 2015, becoming the first female secretary general for the UN specialised agency’s […]
Unilever picks Netherland over UK as base, though retaining HQ of 2 divisions in London
Businessam StaffMarch 15, 2018
Unilever Thursday announced changes in its corporate and governance structure, the highlight of which is that it will now be one company incorporated in the Netherlands. In a statement, the company said it has unified its two legal entities, N.V. and PLC, into a single legal entity incorporated in the Netherlands. It said it is […]
GlaxoSmithKline announces date of board meeting for approval of 2017 financial statements
Businessam StaffFebruary 22, 2018
GlaxoSmithKline Consumer Nigeria Plc. has announced that its board of directors would meet on Thursday, March 8, 2018, to consider and approve its 2017 audited financial statements. The meeting, according to a notification to the Nigerian Stock Exchange and its shareholders, would also approve the amount to be recommended to members as the dividend at its […]
UACN explains liquidation of Gossy spring water
Ajose SehindemiFebruary 19, 2018
United Africa Company of Nigeria (UACN) has listed low purchasing power, associated logistics challenges,100 percent reliance on company generated power and difficult operating environment as the reasons why it decided to liquidate its water business, Gossy spring water. The disclosure further lends credence to the position by members of the organised private sector about a […]
Guinness makes board changes, appoints Njoroge executive director
Businessam StaffFebruary 12, 2018
Guinness Nigeria Plc. has notified the Nigerian Stock Exchange (NSE) and the investing public of changes in its board following the resignation of Ronald Plumridge as executive director. In to the NSE last Friday, Guinness said it has approved the appointment of Stanley Njoroge as a replacement to Plumridge effective March 1, 2018. Njoroge is […]
Equity Assurance announces name change, now Sunu Assurances Nigeria
Businessam StaffFebruary 12, 2018
Equity Assurance Plc. has announced name change to Sunu Assurances Plc. The company in a notification to all stakeholders said having passed the necessary special resolution in line with section 31 (3) of the Companies and Allied Matters Act (CAMA), Cap20, laws of the federation, 2004, and obtaining the approval of the Corporate Affairs Commission […]
Multinational media group, OLX, shutdown Nigeria office
Businessam StaffFebruary 7, 2018
Multinational media group and investor Naspers has confirmed closing all OLX offices in Africa except the one in South Africa. Operations in Ghana, Nigeria and Kenya are going to be affected by this announcement. According to a report on Innovation Village, staff in these offices have been informed and are expected to fully move out by the […]
CIAPS workshop to help companies see opportunities in clients, staff complaints
Bukola OdufadeFebruary 5, 2018
The Ikeja, Lagos-based Centre for International and Professional Studies (CIAPS) has said that Nigerian companies are failing to see the opportunities that exist in encouraging constructive complaints in their clients and staff. Anthony Kila, a professor, and director of the centre, told business a.m. during an interview that companies operating in Nigeria are failing to […]
FCMB announces board appointments
Businessam StaffJanuary 18, 2018
FCMB Plc. has announced the appointment of two additional non-executive directors to its board following approval by the Central Bank of Nigeria (CBN). The two new directors are Oladipupo Jadesimi and Olapeju Sofowora. Ladi Jadesimi holds an Oxford MA degree in Law and had served as jurisprudence scholar at the University of Oxford between 1963 […]