MFS Africa, Access Bank to Enable Outward Remittances from Nigeria, Kenya

By Modupe Gbadeyanka Access Bank Plc has expressed its determination to support initiatives that promote knowledge, integrity, and the enduring legacy of excellence in the legal profession. The chief executive of Access Holdings, the parent firm of the lender, Mr Herbert Wigwe, while speaking at the launch of a book to honour Justice Amina Adamu Augie on Tuesday, November 28, 2023, said the financial institution has a strong affinity for the preservation and advancement of country’s judicial heritage. “We are proud to support the launch of Wisdom and Integrity: The Legacy of Honourable Justice Amina Adamu Augie JSC CON Through

By Aduragbemi Omiyale The popular Ajose Adeogun Street and Roundabout on Victoria Island, Lagos, is wearing a new look, thanks to Zenith Bank Plc, which designed the areas with beautiful Christmas decorations. The yearly ritual of the financial institution is a part of its Corporate Social Responsibility initiatives aimed at setting the tone for the Christmas and Yuletide seasons. Performing the Light-Up ceremony, the 17th of its kind recently, the chief executive of Zenith Bank, Mr Ebenezer Onyeagwu, expressed his delight in heralding the 2023 Yuletide season by lighting up the iconic Ajose Adeogun Street and Roundabout. He urged everyone

By Modupe Gbadeyanka A Nigerian lender, Fidelity Bank Plc, has agreed to adopt the single framework for a sustainable banking industry developed through collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI). Called the UN Principles for Responsible Banking (PRB), the initiative is a structure for ensuring that banks’ strategy and practices align with the vision society has set out for its future in the UN Sustainable Development Goals and the Paris Climate Agreement. Banks which have signed the principles commit to being ambitious in their sustainability strategies, working to mainstream and embed sustainability into

By Dipo Olowookere The appointment of Mr Jeffrey Ewing as the new Managing Director of Chevron Nigeria Limited (CNL) has been announced. In a statement issued by the company’s General Manager, Policy, Government and Public Affairs (PGPA), Esimaje Brikinn, disclosed that the appointment took effect on Sunday, January 1, 2017. Mr Ewing is expected to assume the position of Chairman and Managing Director of Chevron companies in Nigeria. Before his appointment, Mr Ewing was the Director, Deepwater and Production Sharing Contracts (PSCs) for the Nigeria Mid-Africa Business Unit. He is to take responsibility for Chevron’s upstream operations in Nigeria and

By Dipo Olowookere The board of Sunu Assurance Nigeria Plc has announced its intention to ask for an approval from shareholders of the company to convert the debt it obtained from Daewoo Securities (Europe) Limited to equity at a “prevailing market price.” In a notice to the Nigerian Stock Exchange (NSE), the firm said it plans to get this approval and others at an extraordinary general meeting (EGM) slated for Monday, March 9, 2020 at 11am at Orchid Hotel on the Ikota-Epe Expressway in Lagos. Also, at the meeting, the board said it would ask for the nod of shareholders

By Dipo Olowookere Religious bodies in the country have been urged to continue to support government in providing sound education for the youths, saying government cannot do it alone. Senate President, Mr Bukola Saraki, during the 75th Anniversary of the Ansarul Islam Society of Nigeria on Sunday in Ilorin, Kwara State, stated that, “Religious groups like Ansarul Islam have critical role to play in revamping the education sector. “In fact you have more experience that government at all levels in the operation of educational establishments and you need to intensify your involvement in this all-important sector.” At the ceremony, where

By Dipo Olowookere Mrs Bolarin Okunowo has been appointed as the new Managing Director of Chemical and Allied Products (CAP) Plc, one of the leading paint makers in Nigeria. The rejigging of the board of the company was necessitated by the retirement of the current occupier of the position, Mr David Wright. Mr Wright is vacating the seat on November 30, 2021, to pave way for Mrs Okunowo on December 1, 2021, a statement signed by the company secretary, Ayomipo Wey, disclosed. The current MD is retiring from the board and his request to leave has been granted, with the

By Aduragbemi Omiyale An economist and public affairs analyst, Mr Tope Fasua, has been appointed by President Bola Tinubu as a Special Adviser on Economic Affairs. Mr Fasua, a former presidential candidate and consultant would work in the Office of the Vice President, he disclosed in a message on his official X platform. “So, yours truly has been appointed Special Adviser to the President on Economic Affairs in the VP’s office; just what I wanted for national impact. “We thank God Almighty and those who remembered me and insisted. For God and country,” Mr Fasua, who is also an accountant

By Modupe Gbadeyanka The Board of Directors of Stanbic IBTC Holdings Plc on Tuesday, July 4, 2017, announced the appointment of Professor Fabian Ajogwu (SAN) as an Independent Non-Executive Director on the Board. A statement signed by Mr Chidi Okezie, the Company Secretary, disclosed that the appointment of Prof Ajogwu took effect from Monday, July 3, 2017, following the receipt of all required regulatory approvals. The firm said it was “confident that the appointment of Prof Ajogwu to its board would be instrumental in driving the group’s growth strategy.” Stanbic IBTC Holdings Plc said Mr Ajogwu, apart from being a

By Dipo Olowookere Talk of airlines that take customers’ satisfaction as priority as well as being in business because of them (customers), Delta Air will definitely top the list. Over the years, the airline has made a name for itself in the highly competitive aviation industry that customers must be treated like kings and queens and that their flight experience must be superb. No wonder its customer base continues to swell daily. Business Post has reliably gathered that Delta’s Master Sommelier, Andrea Robinson, has hand-picked her 2017 Wine selections, offering exclusive choices to Delta One customers flying between Nigeria and

By Modupe Gbadeyanka Governor Seyi Makinde has appealed to residents of Oyo State to support the efforts of the government to make the state cleaner and healthier for all. In a newsletter dated July 28, 2022, Mr Makinde said unregistered Private Sector Participants (PSPs) should not be allowed to evacuate solid waste in any part of the state, warning that the state government would prosecute both the operators and their customers. He stated that the new solid waste management structure was designed for the benefit of all, saying, action would “be taken against any PSPs and anyone who continues to