The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Nigerian National Petroleum Company Ltd (NNPC Ltd) have agreed to establish a technical committee aimed at enhancing governance in Nigeria’s extractive …
Corporate Governance
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Energy SectorGovernanceNigeriaOil & GasTransparency
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BusinessCorporate GovernanceFinanceInsuranceLeadershipNigeriaStock Market
Cornerstone Insurance Reshuffles Board, Appoints Omonkhogbe as Non-Executive Director
Cornerstone Insurance Plc has announced changes to its board of directors, with the exit of Mr. Emeka Anthony Ogbechie and the appointment of Mr. Ejakhaluse Zoe Omonkhogbe as a Non-Executive …
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BusinessCapital MarketCorporate NewsEconomyINVESTMENTNigeria
NASD Declares First Dividend as Shareholders Celebrate Turnaround
Shareholders of NASD Plc have commended the company’s board and management for steering it out of years of losses to profitability, leading to its first-ever cash dividend payout. At the …
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AfricaAgricultureBusiness and EconomyCorporate GovernanceLabourNews
LFM Announces Fresh Round of Layoffs
Lesotho’s oldest milling company, Lesotho Flour Mills (LFM), is once again in the spotlight for the wrong reasons after management informed staff of fresh retrenchment plans that could see about …
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Falcon Corporation Limited, a leading player in Nigeria’s gas and energy sector, has announced that Mrs Audrey Joe-Ezigbo will become its new Chief Executive Officer effective January 1, 2026. The …
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BusinessDevelopmentEconomyGOVERNMENTNigeria
FRC, LCCI, and Centre for Business Integrity Launch Push for Good Governance in Nigeria’s 40 Million MSMEs
The Financial Reporting Council of Nigeria (FRC) has joined forces with the Lagos Chamber of Commerce and Industry (LCCI) and the Centre for Business Integrity (CBi) to promote corporate governance …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
Union Bank Promotes 24% of Staff in Largest Promotion Exercise in a Decade
Union Bank of Nigeria Plc has promoted about 24 percent of its workforce following the conclusion of its annual staff assessment and performance evaluation exercise. The bank made this known …
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AFRICA NEWSBanking, Finance & InvestmentEconomyGhana
Standard Chartered Ghana Declares GH¢227.94m Dividend Amid Focus on Long-Term Growth
Standard Chartered Bank Ghana PLC has declared a total dividend payout of GH¢227.94 million to its shareholders, following the release of its financial report for the year ended December 31, …
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Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesGOVERNMENTLeadershipNigeria
Parallex Bank Appoints Rachel Akhuetie as Non-Executive Director
Parallex Bank Limited has announced the appointment of Mrs Rachel Akhuetie as a Non-Executive Director and member of its Board of Directors, adding significant depth to the bank’s leadership with …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTTechnology
Coronation Merchant Bank Records 303% Profit Surge in 2024, Citing Strategic Repositioning and Value Creation
Coronation Merchant Bank has posted a remarkable 303 per cent rise in Profit After Tax (PAT) for the 2024 financial year, attributing the leap to deliberate strategic repositioning, operational discipline, …