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Tuesday , 16 October 2018
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Transcorp Group Announces New Executive and Non-Executive Appointments

Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate has announced new appointments to its Board and executive management. Valentine Ozigbo has been appointed as the President/CEO of Transnational Corporation of Nigeria Plc with effect from January 1, 2019.  He will succeed Mr. Adim Jibunoh, who is retiring on December 31, 2018.  Mr. Ozigbo, currently the MD/CEO of Transcorp Hotels ...

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Debt Mess: Why Seplat Boss ABC Ojiako Is Swimming In Several Pools

Is there a man with an humongous amount of debt around his neckline IIndeed there is. He is no other than Dr. ABC Orjiako, the chairman of Seplat. Regarded as abusinessman, Ojiako, is far from that, as to put it mildly would be to call him a debtor. In the real sense of it, the man is a serial debtor. Fingered ...

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Kola Aluko Adapts To New Lifestyle

Freedom allows a wealthy man a lot of pleasures. Take it away from him and he becomes something else. Many would remember the days when the billionaire boss of Atlantic Energy, Kola Aluko, ruled the Nigerian oil and gas sector. Then, the dude had everything money could buy at his beck and call, such that he enjoyed all of the ...

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Why I Left Nigerian Breweries-Kufre Ekanem

Kufre Ekanem

After five years as Corporate Affairs Adviser and member of the Executive Committee of Nigerian Breweries Plc, Kufre Ekanem has resigned from the brewing giant with effect from October 1, 2018. According to sources close to the respected communications expert and poet, Ekanem completed his notice period on September 30 and has since commenced his consulting dream with Philosoville Limited, a Culture, Marketing ...

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Again, Tunde Ayeni In Big Trouble As ICPC Discovers Illegal N9.8bn


For Nigerian billionaire and lawyer, Barr. Olatunde Ayeni, it has become a case of one day, one trouble as the defunct Skye Bank former Chairman has continued to swim in the sea of controversies amidst financial improprieties. THE WITNESS reports This time, ASO Savings and Loans Plc, an Abuja-based financial institution owned by Ayeni has been accused of hiding N9.8bn ...

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Uzoma Dozie

Nigeria’s leading retail bank Diamond Bank Plc has been rated 4stars and ranked as one of the best retail banks globally by the Lafferty Banking 500 index 2018.   According to Lafferty, Diamond bank was selected as one of the top banks globally after credible information gathering process adopted by the Lafferty Research and Development division, using key financial parameters ...

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Tony Elumelu Foundation and GIZ partner to Empower Young Entrepreneurs across East and West Africa


The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation. GIZ will support the Tony Elumelu Foundation Entrepreneurship Programme to empower 210 young African entrepreneurs, focusing specifically on female entrepreneurs and tech-enabled businesses. The Entrepreneurship Programme of TEF was launched in 2015, having supported ...

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Jail Bird: Court Sentence Shell MD, Osagie Okunbor To Jail

 The Managing Director of Shell Petroleum Development Company (SPDC), Osagie Okunbor will spend three months in jail. This is based on the contempt of court judgement passed by the court on  Okunbor and two other top officials of the oil firm namely Nike Onyilola and Keibi Atemie. The trio were sentenced to three months imprisonment with hard labour by a ...

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Africa Prudential Partners Cooperative Societies on Technology Adoption


Africa Prudential Plc, a leading share registration and investor services firm has partnered with the International Co-operative Alliance-Africa (ICA) to deploy technology solutions for a more efficient administration of co-operatives and thrift societies across Africa. The commitment was made public at the 12th African Ministerial Co-operative Conference which was held on October 2 to 5, 2018 in Abuja, Nigeria. The theme for this year’s ...

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Transcorp Hilton Abuja Wins Big at Global Travel and Hospitality Awards

***Honoured at Seven Stars Luxury Hospitality and Lifestyle Awards and World Travel Awards  It was a night of double honours for Transcorp Hilton Abuja as the 5-star hotel was announced the winner of prestigious industry awards at simultaneous gala ceremonies on 2 continents. For the 3rd consecutive year, the hotel was presented with SIGNUM VIRTUTIS, the seal of excellence, as the winner of the ...

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