South Africa’s Nampak closes Nigeria can plant; sells property, equipment
South African packaging company Nampak Ltd says it has closed its Nigeria metals business and is selling property, equipment and machinery to Twinings Ovaltine...
Zenith Bank appoints ex-Google director as non-executive director
Zenith Bank has appointed former Google West Africa director, Juliet Ehimuan, as non-executive director.
Ehimuan left Google in July after 12 years. She started her...
Nigerian electric cable maker Cutix Plc appoints new board chairman
Nigerian electric cable maker Cutix Plc has named a new board chairman after as its co-founder Okwudili Nwosu retires.
Mr Nwosu was re-appointed to the...
Transcorp appoints two new CEOs after increasing Abuja electricity stake
Transnational Corporation Plc or Transcorp has appointed two chief executives for its power units after increasing its stake in the Abuja Electricity Distribution Company...
World’s most indebted property developer, Evergrande, files for bankruptcy
China's Evergrande Group, reputed as the world's most heavily indebted company, has filed for bankruptcy protection in a US court.
The company initiated bankruptcy proceedings...