Category: Business

UBA Appoints Five New Executive Directors to Group Board

United Bank for Africa PLC, the leading pan Africa banking group, with operations in 19 African countries and presence in the London, Paris and New York, is pleased to announce the following executive management appointments, subject to the approval of the Central Bank of Nigeria: Ayo Liadi; Oliver Alawuba; Ibrahim Puri; Uche Ike and Chuks…

CBN Cashless CardExpo Africa Holds June 14

**to focus on retail payment The biggest Card, e-Payment and Identification Exhibition in Africa, tagged: CBN Cashless CardExpo is set to hold the 16th edition at the prestigious Eko Hotel and Suites in Lagos. Organisers of the annual card conference and exhibition, Intermarc Consulting Limited said that this year’s edition will have special focus on…

Heritage Bank MD, Others Parley On Corporate Governance

Managing Director of Heritage Bank, Ifie Sekibo recently spoke alongside others on corporate governance in Nigeria. The occasion, organised by the Institute of Chartered Secretaries and Administrators of Nigeria, ISCAN, took place at the Civic Centre in Lagos. The Heritage Bank boss was at the institute’s Roundtable on Corporate Governance as Chairman of the occasion.…

Shareholders Give Nigerian Breweries Thumbs Up

Nigerian Breweries Plc, Nigeria’s foremost brewer, has been applauded by its shareholders for achieving an impressive financial result for 2015. The shareholders who spoke at the 70th Annual General Meeting, AGM, of the company held in Lagos on Wednesday, noted that the company’s performance in spite of the very challenging operating environment, stood out as…

Nigerian Breweries Plc, the first and foremost brewer in Nigeria, has reiterated commitment to sustaining its position as the leading beverage company in Nigeria. Managing Director of the company, Nicolaas Vervelde stated this at a pre-Annual General Meeting, AGM interaction with financial journalists in Lagos on Thursday. Vervelde explained that favourable demography, growing middle class…

Nigerian Breweries Expresses Confidence In Economy

Nigerian Breweries Plc, the pioneer and largest brewing company in Nigeria, has reaffirmed its commitment to backward integration substitution of imported raw and packaging materials with local alternatives. According to the company, not fewer than 250,000 new jobs have been created through its investment in the Sorghum and Cassava value chain. Speaking to Financial Journalists…

Agbaje, GTBank Lead African Banker Nominations

Chief Executive Officer and Managing Director of Guaranty Trust Bank, GTBank, Segun Agbaje, has been nominated for the biggest individual accolade in the forthcoming African Banker Awards. He is nominated for the Banker of the Year. Agbaje will be contesting the accolade alongside banking executives from Egypt, Kenya, Mozambique and Tanzania. His bank, GTBank, also…

Nigerian Breweries Plc Breaks Dividend Payment Record

Leading brewing company in Africa, the Nigerian Breweries Plc, has continued to put bold smiles on the faces of its shareholders and other stakeholders as the brewing giant breaks its 70-year old dividend payment record. The 2015 audited results showed that the Company’s shareholders would earn a total dividend of N4.80 (Four Naira Eighty Kobo)…