Category: Business

Lasaco Meets The Recapitilisation Deadline

Lasaco Assurance Plc, under the new leadership of Chief Mrs Teju Philips, has scaled the first hurdle of the recapitalisation exercise for insurance and reinsurance companies mulled by the National Insurance Commission (NAICOM) for the strengthening of the financial bases of underwriters. The Company met the 31st December 2020, deadline given to underwriters to recapitalise…

Heritage Bank Powers Palm Oil Entrepreneur With N10m In The Next Titan Season-7

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, in its continued bid to support Micro, Small and Medium Enterprises (MSMEs), has again empowered the winner of The Next Titan Season-7 with whooping sum of N10million. An entrepreneur, Joshua Joseph Idiong who is the CEO of Josult Oil Processing Company, a palm oil processing company…

Union Bank CEO, Emeka Emuwa Retires After 8 Years

The Board of Union Bank Nigeria Plc announces today that, after eight years leading the Bank, its Chief Executive Officer, Emeka Emuwa, has communicated his decision to retire from the Bank and his role as CEO on March 31, 2021. Emeka Emuwa joined Union Bank in November 2012, following a $500 million investment by Union…

Hicolumn E-commerce Mobile App Ensures Free Access, Easy Download

Hicolumn, the groundbreaking e-commerce Tech, which made entrant into Nigeria’s online market sector in November, ensures free access and download of its mobile App by merchants, store owners, small and medium enterprises (SMEs) with existing and verifiable businesses within 30 minutes. This is free of any registration charges. The Chairman of Hicolumn, Benjamin Madu, said…

Heritage Bank Partners LAWMA For Sustainable Greener, Cleaner Lagos

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has entered into strategic partnership with Lagos Waste Management Authority (LAWMA) to attain sustainable greener and cleaner Lagos. The partnership which heralds the launch of Lagos Recycle Initiative is targeted at curbing the huge challenge of plastic pollution for better ecosystem, through recycling and waste management…

Honeywell Takes Ecobank’s Matter to Supreme Court

Counsel to Honeywell Group, Mr Olabode Olanipekun (SAN), today, Monday 14th December 2020, hinted that his client will be seeking the apex court’s intervention and review of the Court of Appeal judgement on its protracted case with Ecobank. The Court of Appeal, in a judgement delivered today had reversed the judgement of the Federal High…

TAJBank Celebrates 1st Anniversary, Breaks Even In Nine Months Of Operations

TAJBank, Nigeria’s most innovative Non-Interest Bank has celebrated its 1st anniversary. The event which held recently, took place at the Wells Carlton Hotel in Abuja. In attendance, were members of the board of directors, executive management as well as members of staff. The occasion was an opportunity for the Bank to also reward pioneer staff…

Africa Oil & Gas Industry Deserves Adequate Commendation, Reward – Esorougwe

The Publisher/Editor-in-Chief of The Africa Brands magazine, Mr. Desmond Esorougwe, has reiterated the need to properly profile the Africa petroleum industry among its counterparts in other continents of the world. Esorougwe, who made this assertion during the media briefing to unveil the 2020 Africa Oil & Gas Brands Awards in Lagos, said that the industry…

UBA’s GMD Honoured with Prestigious Zik Leadership Award

The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, was on Sunday night presented with The Zik Prize for Professional Leadership. The award was presented by the Secretary to the Government of the Federation (SGF), Boss Mustapha, under the chairmanship of Nobel Laureate, Professor Wole Soyinka at a glamorous event…