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All posts tagged "Managing Director"

  • NDIC threatens to withdraw insurance cover for MFBs

    The Nigeria Deposit Insurance Corporation has threatened to withdraw insurance cover from any microfinance bank that consistently fails to pay its premium. The Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim, made the threat when officials of the...

    • Posted September 28, 2013
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  • MD of Jos electricity company vows to recover N15bn debts

    Mr Fidelis Obisahi, the Acting Managing Director, Jos Electricity Distribution Company (JEDC), on Wednesday announced that customers owed the company about N15 billion and vowed to “aggressively go after the debtors’’. “Customers owe JEDC more than N15...

    • Posted September 18, 2013
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  • N32.2bn fraud: Yar ’Adua, Sanusi, conspired to hijack Bank PHB –Utomi

    Renowned economist Prof. Pat Utomi yesterday told an Ikeja High Court that the late Umaru Musa Yar’ Adua, Central Bank of Nigeria (CBN) Governor Mallam Sanusi Lamido Sanusi and others conspired to steal Platinum Habib Bank otherwise...

    • Posted July 18, 2013
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  • Access Bank appoints Wigwe to succeed Imoukhede

    The Board of Directors of Access Bank Plc has the appointment of Mr Herbert Wigwe to succeed Aigboje Aig-Imoukhuede, as Group Managing Director/ Chief executive Officer when he retires from the bank in December. Aig-Imoukhuede, 46, will...

    • Posted July 4, 2013
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  • N27b fraud: Former Bank PHB boss, Atuche, others have case to answer – Court

    A former Managing Director of Bank PHB Plc, now Keystone Bank Limited, Francis Atuche; his wife, Elizabeth; and his associate, Ugo Anyanwu, and others are to answer charges against them by the Economic and Financial Crimes Commission,...

    • Posted July 2, 2013
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  • Ajaokuta Steel: FG expresses satisfaction with level of work

    THE Federal Government has expressed satisfaction with the level of work done at the Ajaokuta Steel Company Limited. This was stated by the Minister of Mines and Steel Development, Arc Musa Mohammed Sada, during a visit by...

    • Posted June 27, 2013
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  • Insurers need to be vocal on national issues — Lawal

    Managing Director, Sterling Assurance Nigeria Limited, Mr. Fatai Lawal, has just emerged as President, Chartered Insurance Institute of Nigeria. He spoke with NIKE POPOOLA on how to make insurance more relevant to the economy Many years ago, did you ever...

    • Posted June 23, 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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  • Lekki port to reduce Apapa congestion, boost bilateral trade

    Respite may be in sight for many users of the Apapa ports as the congestion problem in the ports may soon be addressed with the near conclusion of the Lekki Port project. Specifically, The Guardian gathered that...

    • Posted May 13, 2013
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  • LAWMA plans waste evacuation through rail

    The Lagos State Waste Management Authority has disclosed plans to start moving solid waste through the rail before 2020. The Managing Director, LAWMA, Mr. Ola Oresanya, disclosed this during a courtesy visit to the headquarters of Punch...

    • Posted May 8, 2013
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