Tag: CEO
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We were ‘technically bankrupt’ in March – Barcelona CEO
Barcelona chief executive Ferran Reverter said Wednesday the club was “technically bankrupt” when Joan Laporta took over as president in March, and would have been “dissolved” if it was a public limited company. The Spanish giant’s financial woes were laid bare in August when they were forced to allow Lionel Messi to join Paris Saint-Germain…
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TRENDING VIDEO: Police parade alleged killer of Super TV CEO, a 21-year-old UNILAG student
The Lagos state police command has arrested and paraded a 21-year-old lady alleged to have killed Michael Usifo Ataga, the Chief Executive Officer of Super TV, and a director in Super Network Limited. Ataga, who resides in Banana Island, was reported missing on Sunday, June 13, by his family and friends after he didn’t return…
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Another CEO lands in EFCC net over alleged N128m investment scam
The Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, has arrested a 43-year-old company executive for allegedly defrauding people of over N128 million, in a fraudulent investment scheme. This was contained in a statement signed by the EFCC’s spokesperson, Wilson Uwujaren, and made available to newsmen on Friday, in Ibadan. According to the anti-graft…
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Oscar Onyema completes 10-year tenure as CEO of NSE
The Nigerian Stock Exchange (NSE) says Mr Oscar Onyema has completed his tenure as its Chief Executive Officer (CEO) after a 10-year period. Mr Olumide Orojimi, NSE Head of Corporate Communications, said in a statement on Tuesday in Lagos, that a closing gong ceremony was held on April 1 to honour Onyema. Also, Otunba Abimbola…
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Billionaire Amazon founder, Jeff Bezos announces plans to step down as CEO
Jeff Bezos said Tuesday he would give up his role as Chief Executive of Amazon later this year as the tech and e-commerce giant reported a surge in profit and revenue in the holiday quarter. The company said Andy Jassy, who heads Amazon Web Services, would take over as CEO in the third quarter. The…
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MTN Nigeria reshuffles management, appoints new CEO
MTN Nigeria has reshuffled its top management team with the appointment of Mr Karl Toriola as its new Chief Executive Officer (CEO) effective March 1, 2021. This was disclosed on Monday in a notice to the Nigerian Stock Exchange (NSE) and signed by the company’s secretary, Mrs Uto Ukpanah, who explained that the March 2021…
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UBA USA CEO Sola Yomi-Ajayi Appointed to US EXIM’s Sub-Saharan Africa Advisory Committee
Sola Yomi-Ajayi, the CEO of the United Bank for Africa(UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan Africa for 2020/2021. Established by the US Congress, the Sub-Saharan Africa Advisory Committee provides guidance and advice regarding US EXIM policies and programmes designed…
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MTN President, CEO resigns, secures BT appointment
Rob Shuter, the President and Chief Executive Officer, CEO of MTN Group Limited, has resigned. It was learnt that his tenure recently expired and he and the MTN Group mutually agreed to part ways. Information available to TheNewsGuru indicates that the former MTN President has already secured another appointment with BT in London and is…
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Polaris Bank announces Innocent Ike as Acting MD/CEO
The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria, the Bank’s shareholder, have announced the appointment of Innocent C. Ike as the Acting Managing Director/CEO effective September 1, 2020. The announcement of the appointment was contained in a statement by the Company Secretary of Polaris Bank, Babatunde Osibodu, on Saturday. The…
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Reps order NCDC to test MultiChoice CEO for COVID-19
The House of Representatives ad hoc committee investigating non- implementation of the pay- as -you- go tariff plan by satellite broadcasters and DSTV subscription price increase has asked Director General of the Nigerian Centre for Disease Control NCDC, Dr. Ihekweazu Chikwe, to locate the Chief Executive Officer of multiChoice (operators of DSTV), John Ugbe and…