All posts tagged "chief executive officer"
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FG appoints Citigroup, Vetiva to manage sale of Enterprise Bank
The Federal Government has commenced the sale of the AMCON-owned banks, with the appointment of Citigroup and Vetiva Capital to manage the sale of one of the banks — Enterprise Bank Limited. In an interview, Mr. Mustapha...
- Posted July 19, 2013
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Nestle Nigeria Plc appoints new managing director
Nestlé Nigerian Plc has announced the appointment of a new Managing Director and Chief Executive Officer, Dharnesh Gordhon. The company announced this via a press statement signed by its Corporate Communications and Public Affairs Manager, Samuel Adenekan....
- Posted June 8, 2013
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CDL Declares N2.1 Billion Dividends
The Consolidated Discount House Limited (CDL) Wednesday declared a total dividend payout of N2.1 billion to its shareholders in its financial year ended December 31, 2012. The discount house said the reward was in line with its...
- Posted June 6, 2013
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Jonathan challenges banks to fund infrastructure development
President Goodluck Jonathan on Monday in Abuja challenged banks in the country to fund infrastructure development in Africa. The president speaking to the Group Chief Executive Officer and Managing Director of Ecobank Transnational Inc., Mr Thierry Tanoh,...
- Posted May 21, 2013
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BoA targets 30 million farmers with mobile money
The Bank of Agriculture has entered into a partnership with Cellulant of Kenya to provide mobile money banking services to about 30 million Nigerian farmers. The move will enable farmers to enjoy broader base services by leveraging...
- Posted May 21, 2013
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Electronic fund transfers set to hit N160billion daily
The value of electronic funds transfer in the country is likely to hit N160bn per day by the end of the year in the second phase of the cash-less policy, which is planned to commence in July....
- Posted May 17, 2013
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Notore, foreign firm to build 500MW plant
Notore Power Limited (Notore Power), an indigenous independent power producer (IPP), has just signed a Memorandum of Understanding (MoU) with ContourGlobal to develop, construct, finance and operate a gas-fired power station. The plant would have an available capacity...
- Posted April 30, 2013
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MTN signs $3billion loan deal with Zenith, others
MTN Nigeria has secured loan facilities totalling $3bn (about N470bn) from a consortium of local and international financial institutions to enable it expand, modernise and improve its network infrastructure. Zenith Bank Plc led the financiers with N55bn,...
- Posted April 24, 2013
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Passengers lambast critics of airport remodelling
Air passengers and airline operators have lambasted critics of airport remodelling currently be undertaken by the Aviation Minister, Princes Stella Oduah, and said the exercise has made passenger movement easy and comfortable. Some of the passengers said...
- Posted April 14, 2013
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Guaranty Trust Bank Plans East Africa Expansion
The Chief Executive Officer of Guaranty Trust Bank Plc, Segun Agbaje, has said the bank would open units in Kenya, Tanzania and Uganda as it seeks to expand in East Africa. According to Agbaje, the bank will...
- Posted April 9, 2013