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Nestle Nigeria gets new Board Chairman

June 7, 2023. Azonuchechi Chukwu. Nestle Nigeria has notified the investing public of the appointment of Mr Gbenga Oyebode as the new Chairman of its Board of Directors. The appointment follows the retirement of Mr David Ifezulike as the Chairman of the Board of the company with effect from May 18, 2023. Oyebode is a |

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Otedola Has Not Notified Us About Controlling Shares Acquisition--- First Bank – The Whistler Nigeria

Less than 24 hours after Oil Mogul, Femi Otedola, reportedly bought FBN Holdings shares worth N30bn, First Bank of Nigeria Plc on Saturday said it had not

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Union Bank to pay 25k dividend

She highlighted key achievements of the bank in 2020 including the continued focus on digital innovation for high-quality service delivery across touch points. “The bank’s multipronged approach to supporting the fight against COVID-19, and the prompt pivot to remote work for over 70% of employees at the height of the pandemic, owing to strategic investments in digital technologies before the pandemic.” Major highlights of the bank’s financial performance in 2020 shows that profit before tax grew by 2.8% to N25.4 billion, from N24.7bn in 2019. Commenting on the bank’s plans for 2021, the Chief Executive Officer, Mr. Emeka Okonkwo said: “As we begin a new chapter, we will continue the journey to becoming a leading financial institution in Nigeria. Sustaining value to our shareholders remains at the core of our continuous drive and we remain committed to delivering improved profitability and higher returns in 2021 and beyond.”

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