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JenneteUgo Anya
- October 3, 2024
PenCom Sanctions Merger Of ARM, Access Pensions
The National Pension Commission (PenCom) has granted approval for the merger between ARM Pension Managers (PFA) Limited and Access Pensions Limited. This merger has resulted in the creation of a new entity named Access ARM Pensions Limited. In a statement released recently, PenCom emphasised that the merger is expected to enhance operational efficiency and deliver […]
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- October 3, 2024
Julius Berger Assigns Dr. Lubasch As New Managing Director
Julius Berger Nigeria Plc has appointed Dr. Peer Lubasch as its new Managing Director (MD). The decision follows the upcoming expiration of the contract of the outgoing MD, Engr. Dr. Lars Richter. This announcement was made in a statement signed by the company’s Secretary, Mrs. Cecilia Madueke, after a recent Board of Directors’ meeting. Mrs. […]
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- October 2, 2024
Guinness Nigeria Assigns Girish Sharma As MD/CEO As Tolaram Finalises Acquisition
Guinness Nigeria Plc has appointed Mr. Girish Sharma as its new Managing Director (MD)/Chief Executive Officer (CEO) following the completion of a share sale agreement with Tolaram. This marking a significant leadership transition for the company. The appointment comes as Atalantaf Limited (Diageo), the previous majority shareholder, finalises the sale of its shares in Guinness […]
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- October 2, 2024
Oando Becomes First Nigerian IOC, Valuation Hits $4bn
Oando Plc has emerged as Nigeria’s first indigenous International Oil Company (IOC), solidifying its position as a key player in Africa’s oil and gas industry. With operations now extending beyond Nigeria’s borders into the São Tomé and Príncipe Exclusive Economic Zone (EEZ), Oando’s recent achievements reflect decades of strategic investments and a relentless drive for […]
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- October 2, 2024
Shell Appionts Ronald Adams As Managing Director For SNEPCo
Shell has appointed Mr. Ronald Adams as the new Managing Director (MD) of its Nigerian deep-water subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo). This recent announcement made by Shell Nigeria’s Media Relations Manager, Gladys Afam-Anadu, also confirmed that Mr. Adams, a veteran of the energy industry, takes over from Mrs. Elohor Aiboni, who […]
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- September 30, 2024
Prudential Plc Acquires Full Ownership Of Prudential Zenith Life Insurance
Prudential Plc has announced its acquisition of the remaining 49 percent shares in Prudential Zenith Life Insurance Limited (PZL). This marks a significant milestone in Prudential’s strategy to expand its African operations, building on its initial 51 percent stake in Zenith Life Insurance Limited, acquired in 2017. The recent acquisition, which will be settled in […]
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- September 30, 2024
SEC, NGX Approve Flour Mills’ Buyout Of Minority Shareholders
The Securities and Exchange Commission (SEC) and the Nigerian Exchange Limited (NGX) have given Flour Mills of Nigeria Plc (FMN) the go-ahead to proceed with the buyout of its minority shareholders. In a recent statement, FMN revealed that its majority shareholder had initiated the process to acquire all remaining minority shares. The company emphasised that […]
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- September 30, 2024
Creating An Effective PR Environment Leveraging Organisational Structure
In the bustling corporate landscape, the architecture of an organisation significantly influences its public relations (PR) efficacy. Imagine a thriving tech startup, InnovaTech, which aims to revolutionise the tech industry with cutting-edge solutions. InnovaTech’s success story illustrates how an optimal organisational structure can amplify PR effectiveness. Valuing PR Contributions: The Bedrock of Success At InnovaTech, […]
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- September 27, 2024
Access Holdings Grows Revenue To ₦2.2trn In H1 2024
Access Holdings Plc, a leading global financial institution, has reported financial growth in its half-year audited results for the period ending June 30, 2024. The results reflect the company’s resilience, focus on sustainable performance, and commitment to creating long-term value for shareholders. The company’s total revenue surged by 133.5 percent year-on-year, rising from ₦940 billion […]
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- September 27, 2024
Why MSMEs Should Target Highest Valuation When Sourcing For Capital
In Nigeria just as in many other countries, Micro, Small and Medium Enterprises (MSMEs) face unique challenges when struggling and competing for capital for growth and expansion. In this case, achieving the highest possible valuation can offer substantial benefits, providing a competitive edge and ensuring long-term sustainability. Below is an in-depth analysis of why MSMEs […]
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