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AXA Mansard Insurance Plc's non-executive director resigns

Nigeria, July 2 -- Melina Cotlar, a Non-Executive Director at AXA Mansard Insurance Plc, has resigned from the Board, effective 29 May. Ms Cotlar obtained regulatory approval to join the board of the... Read More


PZ Cussons Nigeria Plc appoints new company secretary

Nigeria, July 2 -- Consumer goods manufacturer PZ Cussons Nigeria Plc has announced the appointment of Oghenekevwe Ogefere as Company Secretary, effective from 1 July. The company disclosed this in a... Read More


FULL LIST: CBN revokes licences of 46 microfinance banks

Nigeria, July 1 -- The Central Bank of Nigeria (CBN) has released the names of the 46 microfinance banks whose operating licences were revoked for failing to meet the regulatory requirements for conti... Read More


World Bank approves $1.25bn financing for Nigeria, unveils six-year growth strategy

Nigeria, July 1 -- The World Bank has approved $1.25 billion in development financing for Nigeria to support reforms aimed at accelerating economic growth, creating jobs, and strengthening private sec... Read More


CBN revokes licences of 46 microfinance banks

Nigeria, July 1 -- The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks, effective 1 July, citing the institutions' failure to meet regulatory requirements for... Read More


Elon Musk regains trillionaire status as SpaceX, Tesla shares surge

Nigeria, June 30 -- SpaceX founder Elon Musk has regained his trillionaire status after a rally in SpaceX and Tesla shares boosted his net worth by more than $60 billion, following a major decline ear... Read More


WhatsApp to introduce usernames, allowing users to reserve handles ahead of launch

Nigeria, June 30 -- Meta-owned WhatsApp has announced plans to introduce usernames, a new feature aimed at allowing its users to connect with others without sharing their phone numbers. The messaging... Read More


Unilever Nigeria Plc appoints new executive director

Nigeria, June 30 -- Unilever Nigeria Plc has appointed Modupe Femi-Okunbanjo as an Executive Director following the resignation of Ibrahim Sodipe, effective 30 June. The company disclosed the appoint... Read More


Wema Bank suspends Telegram operations over fake accounts, impersonation

Nigeria, June 29 -- Wema Bank Plc has suspended its operations on Telegram following a surge in scams involving fake accounts impersonating the bank and defrauding customers. The bank disclosed this ... Read More


Chams HoldCo appoints new board of directors chair

Nigeria, June 26 -- Chams Holding Company Plc has announced the appointment of Segun Oloketuyi as the Chairman of its Board of Directors, effective 9 July. The board approved the appointment in line ... Read More