CFO
Twitter: Donald Trump ban permanent, even if he runs for office again
Former President Donald Trump will not be returning to Twitter at any point in the future, according to the company’s chief financial officer
Twitter mulls ‘charging’ for TweetDeck, new advanced features
Teams inside Twitter are researching ways for the company to offer paid subscriptions, which could include charging money for access to TweetDeck, Bloomberg reports
House of Reps insists on investigating ‘financial mismanagement’ in NNPC pensions, refineries
The House of Representatives has stated its resolve to investigate alleged financial mismanagement in the Nigerian National Petroleum Corporation (NNPC) and 17 other subsidiary agencies.
UBA grows gross earnings to N454.4 billion in Q3 2020
United Bank for Africa (UBA) has announced a 5.99 percent growth in gross earnings from N428.7 billion in September 2019 to N454.4 billion in 2020.
MTN Group appoints Ralph Mupita as new chief from September
MTN Group Limited has appointed Ralph Mupita as Chief Executive Officer, to pilot the company’s operations in Africa is in line with the company’s policy of appointing internal candidates.
Canadian court disappoints Huawei over CFO’s case
A Canadian court ruled against Huawei’s chief financial officer, Meng Wanzhou, on Wednesday in her extradition case to the US on fraud charges.
Mobolaji Balogun retires as Lafarge Africa chairman
The company said this in a statement by Mrs Folashade Ambrose-Medebem, Director, Communications, Public Affairs and Sustainable Development, posted on the Nigerian Stock Exchange (NSE) website.
Juventus transfer chief confirms Barcelona talks following Arthur-Pjanic swap deal news
Juventus' chief football officer Fabio Paratici has confirmed that the Serie A champions are in open dialogue with Barcelona following the revelation that the Turin side were interested in a swap deal involving midfielders Arthur and Miralem Pjanic.
Ford to lose $5 billion in second quarter
Ford Motor Co said on Tuesday its second-quarter loss will more than double to $5 billion from $2 billion in the first quarter due to the impact of the coronavirus pandemic, but said despite the ongoing crisis it has enough money to last for the remainder of 2020, Reuters reports.
Lockdown: MTN group renews bid to offload 15% Nigerian stake
MTN Group has renewed its bid to cut its presence in Nigeria, by selling 15% stake to the subscribers. The operator said it is pursuing sale in smaller in bits due to the emergence of the Covid-19 (coronavirus) pandemic.
MTN Nigeria appoints new executive director, chief financial officer
MTN Nigeria Communication PLC on Friday announced the appointment of Modupe Kadri as its new Executive Director and Chief Financial Officer (CFO).
Ogun guber: Court reserves judgment in Adekunle Akinlade’s appeal against Governor Abiodun
The Court of Appeal in Ibadan has reserved judgment in an appeal filed by Mr Adekunle Alabi of Allied People’s Movement (APM) against the victory of Mr Dapo Abiodun of All Progressives Congress (APC) in the March 9 governorship election in Ogun State.
Nigeria to earn fresh $6.35 billion in taxes, royalties
The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the nation’s revenue profile gained momentum with the closure of $875.75m alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated OML 65 through the Funding and Technical Services Agreement with CMES-OMS Petroleum Development Company (CPDC).
Ecobank Nigeria announces appointment of key officers
Ecobank Nigeria has announced the appointment of key Management Officers across various levels. Amongst those appointed are Kenneth Okere, who is now the Company Secretary & Chief Legal Counsel; Ibukunoluwa Oyedeji, Chief Financial Officer (CFO); Abiola Aderinola, Financial Controller; Adetokunbo Uko, Treasurer and Akintunde Dawodu, Chief Compliance Officer and Head, Compliance & Control.
Ayo Adepoju named new Ecobank chief financial officer
Ecobank Transnational Incorporated, the Lome-based parent company of Ecobank Group, has announced the appointment of a new Chief Financial Officer (CFO).
MTN earns N469 billion from airtime, data, SMS in H1
MTN Nigeria made a total of N469.4bn revenue from sales of airtime, data and Short Messaging Service in the first six months of the year, the 2019 half-year unaudited financial report of the company stated.
Cars45 launches two more franchise lots
Automotive trading platform Cars45 has unveiled two more Carsbazr franchise lots at Egbeda and Shogunle in Lagos, in partnership with Auction.com Ltd.
Apple cuts revenue forecast on weak China sales
Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.
NNPC: We’ve right to make withdrawals from NLNG dividend account
The Nigerian National Petroleum Corporation (NNPC) insists there is nothing illegal about the withdrawals made from Nigerian Liquefied Natural Gas (NLNG) Dividend Account
NNPC threatens court action over withdrawal of $1.05 billion
Nigerian National Petroleum Corporation (NNPC) threatens to seek legal interpretation on whether it has right to withdraw funds from Nigeria LNG Dividend Account without the approval of National Assembly
NNPC: 45 withdrawals made from NLNG dividends account in 19 years
There were more revelations Thursday as the Senate Committee on Gas investigating the alleged $1.05 billion withdrawn from the Nigeria National Petroleum Corporation dividends in the Nigeria Liquefied Natural Gas was told that over 45 withdrawals were made from the NLNG dividend account with the Central Bank of Nigeria since 1999.
NiMet predicts cloudy weather, thunderstorm on Sunday
The Nigerian Meteorological Agency (NiMet) has predicted partly cloudy weather conditions with chances of thunderstorms and rains showers over most parts of the country on Sunday.
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South Africa signs J&J vaccine deal, eases restrictions
South Africa has signed an agreement with Johnson & Johnson to secure 11 million COVID-19 vaccine doses and will ease restrictions due to a decline in new cases, President Cyril Ramaphosa said on Sunday.
Manchester United rages at penalty talk as team draw another blank
Ole Gunnar Solskjaer believes Manchester United are being negatively influenced by opposition managers referring to their penalty record after being denied a spot-kick in a 0-0 draw at Chelsea on Sunday.
Zamfara governor: Abducted schoolgirls will be released soon
Governor Bello Matawalle of Zamfara State has said that the abducted students of Government Science Secondary School, Jangebe, will be released very soon.
Primate Ayodele: President Buhari has broken Nigeria’s unity
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has once again knocked the President of Nigeria, Muhammadu Buhari, over the unsecured state of the country.
NANS asks Nigerian government to declare abductors of students terrorists
Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists.
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Tiger Woods ‘recovering’ after surgery following roll-over car crash
US golf legend Tiger Woods was recovering in a hospital Wednesday after surgery for serious leg injuries sustained in a car crash that law enforcement officials said he was lucky to survive.
U.S. Africa Command leadership visits Nigeria on security cooperation
The Commander, U.S. Africa Command, U General Stephen Townsend, wrapped up a three-day West African visit February 22-25, 2021, with a stopover in Nigeria to meet with the nation’s leaders and further the long-standing partnership and security cooperation between the two countries.
Minister: When Nigeria receives coronavirus vaccines doesn’t lie in our hands
The World Health Organisation, WHO and GAVI, the Vaccine Alliance, and the Coalition for Epidemic Preparedness Innovations, CEPI, came up with the COVAX initiative to ensure that low and middle-income countries have access to vaccines.
Nigerian schoolboys freed as forces search for 300 abducted girls
Gunmen in Nigeria on Saturday released 27 teenage boys who were kidnapped from their school last week in the north-central state of Niger, while security forces continued to search for more than 300 schoolgirls abducted in a nearby state.
Nigeria records 521 new coronavirus cases
Worst still, health experts say the official numbers do not give a “full picture” of the outbreak in the country. They say low testing in many states across the country means infections have been under-reported, a situation considered the biggest challenge in the nation’s management of the outbreak.