Saturday, May 15

Tag: Board of Directors

First Bank Shake-Up: Hassan-Odukale Replaces Awosika As Chairman
Business

First Bank Shake-Up: Hassan-Odukale Replaces Awosika As Chairman

The Central Bank of Nigeria on Thursday, wielded its big stick on one of Nigeria’s oldest banks, First Bank of Nigeria Limited, and sacked all the board members of the bank including its Chairman, Board of Directors, Ibukun Awosika. Awosika was appointed First Bank Chairman in September 2015, making her one of the first women to hold the esteemed position. However, the apex bank on Thursday, announced the immediate appointment of Tunde Hassan-Odukale as Chairman of First Bank. Before his appointment, Hassan-Odukale was the Managing Director of Leadway Assurance Company. The re-organisation of First Bank by the regulator was not unconnected to the removal of Adesola Adeduntan as the Managing Director/Chief Executive Officer of the bank and the appointment of Gbenga Shobo as MD/...
Bob Iger Steps Down as Disney CEO in Surprise Announcement; Bob Chapek Replaces Him
Business

Bob Iger Steps Down as Disney CEO in Surprise Announcement; Bob Chapek Replaces Him

Bob Iger, 69, has stepped down as CEO of the Walt Disney Company, effective immediately and Bob Chapek is the new CEO, the board of directors announced on Tuesday, February 25. Disney named the company’s head of parks and resorts, Bob Chapek, CEO effective immediately. But Mr. Iger will stay on as executive chairman, overseeing the company’s creative endeavours through the end of next year, until his contract expires on December 31, 2021. Iger said in statement: "With the successful launch of Disney's direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO." Disney Company's new CEO Bob Chapek most recently served as chairman of Disney Parks, Experiences and Products. Iger said h...
Twitter Appoints Ngozi Okonjo-Iweala To Board Of Directors
News

Twitter Appoints Ngozi Okonjo-Iweala To Board Of Directors

Twitter has appointed former Nigerian finance minister Ngozi Okonjo-Iweala and former World Bank chief Robert Zoellick as directors as it reshuffled its board. "Ngozi and Bob are distinguished leaders with unparalleled global perspective and policy expertise," said Omid Kordestani, Executive Chairman of Twitter.
Gazprom And TMK Discuss Pipe Supplies Partnership
News

Gazprom And TMK Discuss Pipe Supplies Partnership

A meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Pumpyansky, Chairman of the Board of Directors of TMK, took place in St. Petersburg January 26, 2018, 17:55. The parties gave a positive assessment of the ongoing cooperation, focusing on the current and future supplies of TMK-produced pipes for the needs of Gazprom, including for projects based in eastern Russia.
Union Bank of Nigeria Announces Changes To Its Board Of Directors
News

Union Bank of Nigeria Announces Changes To Its Board Of Directors

Union Bank of Nigeria Plc (Union Bank) has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of Non-Executive Directors, Engr. Mansur Ahmed, Chief Dr. (Mrs.) Onikepo Akande and Mrs. Arina McDonald in October 2017. Mr. Kwargana’s retirement comes after 33 years in the banking sector. He was appointed as an Executive Director in 2009 by the Central Bank of Nigeria (CBN), and until his retirement, was responsible for the Bank’s Public Sector business as well as commercial business development for the northern region. Engr. Ahmed, Dr. (Mrs.) Akande and Mrs. McDonald resigned following the successful completion of their tenures on the Board of the Bank or the core investor represented. U...
IGP Ibrahim Idris Says: Police Contributes N10 Billion To National Housing Fund
News

IGP Ibrahim Idris Says: Police Contributes N10 Billion To National Housing Fund

It is gathered that the Nigeria Police Force on Tuesday said it had contributed over N10 billion in remittances to the National Housing Fund since the inception of the scheme. Meanwhile the Inspector-General of Police, Mr Ibrahim Idris, made the disclosure at the inauguration of the Nigeria Police Mortgage Bank Cash Centre and ATM gallery in Abuja. Idris said that the establishment of the bank became imperative to provide police officers with unhindered access to the National Housing Fund. He also said that the bank had also provided officers with loans at lower interest rates than obtained in other commercial banks. He promised to ensure transparency and accountability in the management of all police investments to enhance welfare of personnel. “It is my earnest belief that...
Ogun PDP Chieftains In Secret Meeting With Ex-President Obasanjo
News

Ogun PDP Chieftains In Secret Meeting With Ex-President Obasanjo

Some chieftains of the Peoples Democratic Party (PDP), in Ogun State, on Friday, paid a visit to the Abeokuta residence of former President Olusegun Obasanjo. The party chieftains, led by the caretaker committee chairman of PDP in the state, Tunde Odanye, arrived Obasanjo’s Hilltop Residence, Abeokuta, around 1000a.m. and later headed into a closed-door meeting with the former president. Also in the team were immediate past governor of Ogun State, Otunba Gbenga Daniel, former Ogun State Chairman of PDP, Elder Joju Fadairo, Hon. Kayode Amusan, former Minister of Steel Development, Sarafa Ishola, Daniel’s deputy, Alhaja Salmot Badru, former Chairman, Board of Directors, Ogun-Osun River Basin Development Authority, Mrs. Iyabo Apampa, among others. Recall that the former president, wh...
Anambra Guber: Obaze Picks Ekwueme’s Daughter As Running Mate
News

Anambra Guber: Obaze Picks Ekwueme’s Daughter As Running Mate

The Peoples Democratic Party (PDP) candidate for the November 18 Anambra governorship election, Mr. Oseloka Obaze, has picked the first daughter of former Vice President Alex Ekwueme, Lady Chidi Alexandra Onyemelukwe, as his running mate. Unveiling Lady Onyemelukwe, on Wednesday, to the media and party members at the party secretariat, Udoka Housing Estate Awka, Obaze said she was selected from a shortlist of very eminently qualified PDP faithful. He described Lady Onyemelukwe as one coming with rich personal accomplishment, impeccable credentials and high pedigree adding that she is a promoter of excellent and qualitative education and one with great passion for the advancement of women affairs and for female gender mainstreaming in governance. In Obaze’s words, “As Deputy Govern...
Nigeria To Stop Issuance Of Fish Importation Quota – Minister
News

Nigeria To Stop Issuance Of Fish Importation Quota – Minister

The Federal Government says it will stop issuing fish importation quota to importers, saying the venture was no longer sustainable. Heineken Lokpobiri, the Minister of State for Agriculture and Rural Development, said this during a meeting with the Ijebu Development Initiative on Poverty Reduction (IDIPR) in Abuja on Tuesday. The minister said that stopping the trade would help boost local production of fish and other aspects of agriculture in the country. According to him, the current deficit in fish in Nigeria is over two million tonnes. He urged citizens to invest to boost fish production and create jobs in the sector. “We realised that fish import is no more sustainable and what we did was to encourage those that import it to think of the backward integration by reducing th...
World Bank Satisfied With Nigeria’s Implementation Of $215m Community Devt Projects
News

World Bank Satisfied With Nigeria’s Implementation Of $215m Community Devt Projects

The World Bank has expressed satisfaction over the implementation of $215 million Additional Financing (AF) of the Community and Social Development Projects (CSDP) in Nigeria. World Bank Lead Specialist, Social Protection and Labour, Abuja, Mr. Foluso Okunmadewa made this known in Abuja at a two-day retreat organised for supervisory ministries and Board of Directors of the Community and Social Development Agencies. According to him, “the World Bank is excited on the implementation of the initial project in the 26 States where it was implemented and now on the continuity of the community development projects and poverty eradication programmes by the states. “We are also happy with the handlers and supervisors of the projects and the World Bank is sustaining the projects due to the ...
Rotary Club Abuja To Empower 200 Households As Mayor Humanitarian Award Holds
News

Rotary Club Abuja To Empower 200 Households As Mayor Humanitarian Award Holds

‎The ROTARY CLUB OF ABUJA WUSE II (The Mayors), held a press briefing recently which focuses on highlighting the activities of the club and enlightening the general public of their road map in the incoming rotary year . The President of the Club and also the chairman of the event,   Prince Igho Sadjere ‎in speech gave a rundown of the club's proposed projects for the year 2017. " We are hosting a programme tagged" empowerment and fundrising cocktail " holding at the Congress of Transcorp Hilton Abuja, on Sunday, 27 of August, 2017.". Amb, Sadjere further sighted that the Club, since its charter, has planned and executed successful projects and charity events within and outside Abuja. At the beginning of every Rotary Year (July), the Club institutes a new President and Board of Director...
Sahara Group Graduate Program 2017
News

Sahara Group Graduate Program 2017

Sahara Group nutures businesses in the energy sector. These companies operate essentially within the energy industry and its associated sub-sectors. The Group consists of individuals, who are determined to make a positive impact on the business environment. We are recruiting to fill the following positions below: 1.) Sahara Group Limited Graduate Analyst Program 2017 Purpose Statement: Responsible for financial position to make better business/ investment decisions, as well as monitoring and assessing business performance and determining the matrix for assessment thereof. The Graduate Analyst is responsible for processing and evaluating businesses, projects, budgets and other finance-related entities to determine their suitability for investment. (S)He must be able to perform financ...

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