Tag: MD
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Lagarde: IMF begins selection process for next MD
The Executive Board of the International Monetary Fund (IMF) has adopted an open, merit-based, and transparent process for the selection of the next managing director, the organisation has said. In a statement it issued in Washington D.C. and made available in Abuja on Friday, the board said the process was similar to the one used…
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FAAN reveals identity, nationality of Lagos Airport stowaway
The Managing Director, Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Hamisu Yadudu on Saturday in Kano revealed the identity of the stowaway that climbed the Azman Airline at Murtala Mohammed International Airport as Nigerien-born Usman Adamu. According to him, FAAN has launched thorough to investigation which warranted the suspension of four staff, with a…
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Keystone Bank MD/CEO resigns, successor named
Keystone Bank Limited has announced the resignation of Mr. Obeahon Ohiwerei from office as Managing Director/CEO of the Bank, and the appointment of Mr. Abubakar Danlami Sule as Acting Managing Director/CEO. Mr. Sule’s appointment is subject to approval by the Central Bank of Nigeria. In a statement by the General Counsel and Company Secretary of…
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Court remands MD for allegedly stealing $123,000 from Zenith Bank
The Managing Director of Excampo Nigeria Limited, Sikiru Olayinka, 36 has been arrested and arraigned before a Lagos Magistrate Court for allegedly stealing the sum of $123,000 belonging to Zenith Bank PLC. Also charged with him over the alleged offence was his Company, Excampo Nigeria Limited. The accused was arrested by the operatives of the…
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Ecobank MD tenders resignation letter
Ecobank Transnational Incorporated, ETI, the parent company of the Ecobank Group, has announced the resignation of Mr Charles Kie as the managing director of Ecobank Nigeria Limited. The ETI, in a statement on Monday to the Nigerian Stock Exchange, said prior to his current role at Ecobank Nigeria, Kie was the group executive, corporate and…
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Nigerian aviation industry records milestone under Buhari — FAAN MD
Saleh Dunoma, Managing Director, Federal Airports Authority of Nigeria (FAAN), says the Nigerian aviation has recorded milestone achievements within three years of President Muhammadu Buhari’s administration. Mr Dunoma identified safety and security as some of the areas that received priority attention in the industry. The managing director told the News Agency of Nigeria (NAN) in…
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FBN MD, Announced as Keynote Speaker for the Business in Africa Conference
We are honoured to announce the keynote speaker for the Business in Africa conference: Dr Adesola Adeduntan, Managing Director of First Bank of Nigeria. Dr. Adesola Kazeem Adeduntan (FCA), Managing Director/CEO, First Bank of Nigeria Limited and Subsidiaries, was appointed to the Board in 2014 as Executive Director/Chief Financial Officer. He brings over 20 years’…
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Offa robbery: First Bank MD visits Olofa, Kwara Gov [Photos]
…promises to cooperate to improve security The MD/CEO of First Bank of Nigeria Limited, Dr. Adesola Adeduntan on Friday in company of other senior executives of the bank visited the Olofa of Offa, HRH Oba Mufutau Muhammed Oloyede Gbadamosi, Okikiola Esuwoye II to commiserate with him and the entire Offa community on the recent robbery…
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N7.3bn fraud: Confusion as Danium Energy MD faints in court
The ongoing trial of a suspected oil fraudster, Ogbor Elliot, Managing Director, Danium Energy Services Limited, before Justice M. S. Hassan of the Federal High Court sitting in Ikoyi, Lagos, could not continue on Tuesday, as the suspect passed out while in the dock. The suspect had, on October 13, 2017, ‘fainted’ before a former…
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Edo Government lied, we never declared BUA MD wanted – Police
Sequel to a statement released by Robin Crusoe, spokesman to Governor Godwin Obaseki of Edo State purported declaring the Managing Director of Obu Cement Company, a subsidiary of BUA Group, Yusuf Binji, wanted, the Nigerian Police have reacted insisting it never made such declaration. The statement claimed that Binji sponsored attacks on the governor’s convoy…