Business news
Fidelia Okafor. Yahoo Inc (YHOO.O) said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc (VZ.N). Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media […]
Amaka Obiefuna. Oil markets edged higher on Tuesday making a slight recovery from big losses the previous day. This followed expectations that at least some planned production cuts would be implemented as against the previous day’s doubts that agreed reductions would rebalance an oversupplied market. Brent crude futures went up 20 cents from their last […]
President Muhammadu Buhari has appointed a Chairman and a new Executive Secretary for the council. The new Council as approved by the President has Mr Adedotun Sulaiman as Chairman. Sulaiman is a Chartered Accountant and a product of the University of Lagos and Harvard Business School. Similarly, the President has approved the appointment of Mr. Daniel […]
Fidelia Okafor. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has approved the redeployment of some senior Management staff of the Agency. The new postings according to Dr.Peterside are expected to reposition the Agency towards meeting its statutory mandate as enshrined in the NIMASA Act and other enabling […]
The Minister of Industry, Trade and Investment, Okechukwu Enelamah disclosed yesterday that the Corporate Governance Code issued by the Financial Reporting Council of Nigeria (FRC) has been suspended. In a statement signed by the Strategic Communication Adviser to the Minister, Constance Ikokwu, the corporate governance code remains suspended until a detailed review, extensive consultation with […]