#chief-executive

Banks To Publish ames Of Debtors By August 1

Mrs Tokunbo Martins, the Central Bank Director of Banking Supervision, on Thursday said that banks had been given August 1 deadline to publish names of their debtors.

  Martins disclosed this while briefing journalists on the outcome of the 322 Bankers Committee meeting in Abuja.

  “You will recall that at the last Bankers Committee meeting, we discussed about publishing the names of serial…

Ecobank Appoints Ayeyemi As Group CEO

The parent company of the Ecobank Group, Ecobank Transnational Incorporated, has appointed Ade Ayeyemi as its new group chief executive officer (GCEO) with effect from September 1, 2015.

Ayeyemi will replace Albert Essien who retires on June 30, 2015, after 25 years of meritorious service with the group.

An interim arrangement will be made by the Ecobank board for the management of the group…

Malaysia Airlines Lays Off 6,000 Employees

Malaysia Airlines Lays Off 6,000 Employees

— Jun 2, 2015 3:04 am |

Malaysia Airlines is “technically bankrupt”, its chief executive has said, as he announced a restructuring programme and plans to cut about 6,000 jobs. The announcement follows the twin air disasters which forced its nationalization last year.

The airline said it had…

Jonathan Sack NIPC Boss, Appoints Replacement

The Executive Secretary of the Nigeria Investment Promotion Council (NIPC), Saratu Umar, has been sacked by President Jonathan today May 18th and Uju Hassan-Baba appointed to act in her stead.

Staff members of the NIPS have called earlier on the President Jonathan to sack Umar owing on allegations of highhandedness, staff intimidation and gross incompetence.

See official press statement…

Ashakacem Boss, ICAN, Others Join CIS Council

Nine distinguished chartered stockbrokers have been elected to the Council of the Chartered Institute of Stockbrokers (CIS) as part of the ongoing transformation of the institute into a world class professional body.

Their election was endorsed at the institute’s recent annual general meeting.

The new Council members who had earlier undergone rigorous screening are: President, Institute of…

Sony heads for deeper loss as it shrinks struggling smartphone business

Sony Corp cut its earnings outlook for the sixth time on Chief Executive Kazuo Hirai's watch on Tuesday as it announced a massive impairment change on its smartphone unit, which it has failed to grow despite a rapidly expanding market.

More here: Sony heads for deeper loss as it shrinks struggling smartphone business

Globalive Capital Acquires WIND Mobile

Today, Globalive Capital, the investment company of WIND Mobile's Chairman and Chief Executive Officer Anthony Lacavera, announced that it has acquired all of VimpelCom's direct and indirect debt and equity …

See the rest here: Globalive Capital Acquires WIND Mobile