By delivering solid financial results that beat Wall Street’s expectations for both revenues and profits on Thursday, Apple Inc’s CEO Tim Cook put to rest concerns that the company’s flagship device, the iPhone X, wouldn’t be ready in time for the holiday shopping season. But beneath the headline revenue and profit figures, Cook also seemed […]
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The chief executive of Uber Technologies Inc, Dara Khosrowshahi, said on Tuesday that his company’s future in Brazil depends on government decisions, as the Brazilian Senate prepared to vote on regulating car hailing apps. “It depends on the decisions of the government,” Khosrowshahi told reporters when asked whether Uber would leave Brazil if the bill […]
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The Nigerian Agip Oil Company, a subsidiary of Italian oil major, Eni, said it had begun feasibility studies for the construction of a new 150,000 barrels-of-oil-per-day refinery in the Niger Delta. The Vice-Chairman and Managing Director, NAOC, Mr. Massimo Insulla, disclosed this on Tuesday in Yenagoa during a two-day succession planning workshop for NAOC’s small […]
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The two Chief Executives of Dutch companies have urged the President Muhammadu Buhari administration to urgently inject the funds recovered from corrupt former government officials into the local economy, saying it is the only way to boost the economy. They also decried the country’s foreign exchange policy, lamenting that it is making it almost impossible […]
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Shareholders of Oando Plc from across the South-West states has called for the resignation of its Chief Executive Officer on Tuesday in staged a protest in Ibadan, the Oyo State capital. This is as a result of the firm’s poor financial position. Making reference to the report of the last Annual General Meeting of the […]
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Fidelity Bank Plc, is set to celebrate the first anniversary of its highly regarded Export Management Programme (EMP). Launched in 2016, the EMP is a sector focused capacity building programme run by the Bank in partnership with the Pan-Atlantic University and the Nigerian Export Promotions Council (NEPC), to deliver impactful, world-class export management education to […]
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Emzor Pharmaceutical Industries, Chief Executive Officer (CEO), Mrs. Stella Okoli, is to be honoured at the inaugural Africa Women Innovation and Entrepreneurship Forum (AWIEF) Awards on October 5, at the third AWIEF Conference and Exhibition at the Century City Conference Centre in Cape Town. Others to be honoured include Abisola Ijalana, M12 Photography, Temie Giwa–Tubosun, […]
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Sim Tshabalala has become the first black person to lead Africa’s largest bank by assets without sharing power, after his co-CEO stood down, South Africa’s Standard Bank said on Tuesday. Tshabalala, a 49-year old company veteran who describes himself as “a Zulu boy from Soweto”, joins only a handful of black executives at the helm […]
Read More Oando Plc 40th Annual General Meeting (AGM) held yesterday at the Ibom Hall in Uyo, Akwa Ibom State. The event in which shareholders of the company vote unanimously, expresses confidence in the management team, led by its Group Chief Executive Officer, Wale Tinubu, and retaining the company’s Board of Directors. The Chairman of the Board, […]
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The Nigerian National Petroleum Corporation (NNPC) is planning to allocate 80 per cent of its crude Oil lifting deal to NNPC Trading, an arm of the corporation which evolved from the merger of its trading companies. Managing Director of NNPC Trading Limited, Ibrahim Waya, revealed this in an interview published in the corporation’s quarterly magazine. […]
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UBER Technologies Inc chose Dara Khosrowshahi, the chief executive of travel company Expedia Inc, as its chief executive on Sunday, according to two sources with knowledge of the matter, handing him the challenge of leading the ride-services company out of a nearly year-long crisis. Khosrowshahi, 48, would take on the daunting task of mending Uber’s […]
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Governing Council of the Institute of Chartered Accountants of Nigeria (ICAN) has appointed Mr. John Evbodaghe as Registrar/Chief Executive officer while Dr. Ben Ukaegbu and Mukaila Lawal were appointed Deputy Registrars. Evbodaghe, a fellow of the institute is a consummate professional whose experience cuts across various sectors of the Nigerian economy and also a versatile […]
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