Nigerian Breweries Plc says it will suspend operations in two of its nine breweries. In a press statement, the company emphasized its commitment to minimizing the impact on its workforce by exploring all feasible alternatives. These measures include relocating and redistributing employees to the remaining seven breweries and offering support and severance packages to those … Read more
Zenith Bank Plc, one of Nigeria’s leading banks, has named Dame (Dr.) Adaora Umeoji as its next Group Managing Director/Chief Executive Officer. She succeeds Dr. Ebenezer Onyeagwu, whose five-year stint as GMD/CEO has ended. According to a statement made by the bank on Tuesday, her nomination as GMD/CEO is consistent with the bank’s succession plan. … Read more
Access Holdings Plc has stated that the appointment of Ms. Bolaji Agbede as Acting Group Chief Executive Officer was consistent with the company’s succession planning practices. In a report to the Nigerian Exchange Group, NGX, the company’s Chairman, Abubakar Jimoh, commented on the appointment, stating that Ms. Agbede is the company’s most Senior Executive with … Read more
Ms. Bolaji Agbede has been appointed Acting Group Chief Executive Officer by Access Holdings Plc, the company stated Monday. This comes after the demise of its former Group CEO, Dr. Herbert Wigwe. Wigwe died in a helicopter crash along with his wife, son, and a former chairman of the Nigeria Exchange Group, Abimboloa Ogunbanjo, on … Read more
In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’, the vessel was … Read more
The seven biggest oil marketers in Nigeria have registered with the Dangote Petroleum Refinery to lift and distribute refined petroleum products generated by the $20 billion plant. Dealers affiliated with the Major Oil Marketers Association of Nigeria said on Sunday that with the registration, they will begin distributing fuel produced at the plant once the … Read more