Business

Arrogance Per Excellence: Stanbic IBTC’s , Sola David-Borha Allegedly Insults Her EDs..Rakes N177m Yearly As Bank Wallow In Crisis

Latest report trailing the financial institution of repute, Stanbic IBTC’s Managing Director/CEO, Mrs. Sola David-Borha is not palatable. The unpalatable tale has it that Mrs. Sola David-Borha has become Margaret Thatcher of the bank as her Executive Directors are always jittering, whenever she calls for any urgent meeting. Source has it that; Sola David-Borha runs […]

Business

Transcorp Ughelli Power Releases 2014 Annual Report, Holds 2nd Annual General Meeting

Transcorp Ughelli Power Limited (TUPL), the power generation and investment subsidiary of Nigerian conglomerate Transcorp Plc, today released its 2014 Annual Report and held its 2nd Annual General Meeting of shareholders. The Report details outstanding progress during the first full calendar year of operations at Ughelli Power Plant, the Group’s power generating asset and Nigeria’s […]

Business foreign

DICK TO STEP DOWN AS TWITTER CEO

Dick Costolo, who helped turn the message start-up Twitter into a global town square, is stepping down amid criticism over the company’s disappointing financial performance and a recent stock slide. Jack Dorsey, a co-founder who served as CEO during Twitter’s early years, will temporarily take the reins while the San Francisco company looks for a […]

Business

“Africans Investing in Africa” Book Launch

Two of Africa’s most prominent foundations – the Nigeria-based Tony Elumelu Foundation and the Oppenheimer family’s Brenthurst Foundation of South Africa – launched an important new book titled “Africans Investing in Africa” on the sidelines of the World Economic Forum Africa meeting in Cape Town. The 338-page book covers a range of important topics critical […]

Business

Elumelu Encourages Nigerian Youths to Cultivate an Attitude of Learning and Entrepreneurship

 Leading Nigerian businessman and philanthropist Tony O. Elumelu, Chairman, Heirs Holdings, has encouraged Nigerian youths to secure their future by cultivating an attitude of learning, collaboration and entrepreneurship. The Chairman made this assertion while delivering the commencement address on the topic “Employee, Employer, and Empowerer: Pathways to Success and Impact in an Uncertain World”, during […]

Business

Diamond Bank Launches Diamond Y’ello Debit Card

Diamond Bank Plc yesterday announced its plans to issue MasterCard debit cards to millions of Diamond Y’ello account holders in a move that is expected to significantly expand financial inclusion and reduce cash-based transactions in Nigeria’s economy. The scheme, according to a statement made available to the press at the 25th World Economic Forum on […]

Business

UBA Wins Corporate Citizens Award

Pan-African financial services group, United Bank for Africa (UBA) Plc continue to garner national and international laurels with the latest  being the Corporate Citizens Award in the ‘Extensive Compliance Category.  UBA received the award at the maiden edition of the awards ceremony organised by the Corporate Affairs Commission (CAC) at the Transcorp Hilton Hotel, Abuja, Nigeria.  The Corporate Citizens […]

Business

Tony Elumelu to Speak as President Obama Celebrates Emerging Global Entrepreneurs

African business leader and philanthropist Tony O. Elumelu,CON will speak at a White House event hosted by U.S. President Barack Obama this Monday, to celebrate emerging entrepreneurs around the globe. The May 11thevent is a prelude to Obama’s scheduled trip to Kenya this summer for the Global Entrepreneurship Summit. The United Bank for Africa Chairman is no stranger to the promotion of global entrepreneurs— Elumelu’s foundation recently launched […]