A man has been crushed to death by a robot in South Korea after the machine apparently failed to differentiate him from the boxes of produce it was handling. South Korean news agency Yonhap reported on Wednesday that the man, a robotics company worker in his 40s, was inspecting the robot’s sensor operations at a…
Moniepoint Microfinance Bank, and Moniepoint Inc, have won two distinguished awards at the prestigious 2023 Brandcom Awards ceremony held in Lagos. Whike Moniepoint Microfinance Bank wonthe “Award for the Most Outstanding Microfinance Bank in Consumer Engagement,” Moniepoint Inc scooped the “Award for the Most Outstanding Fintech Company in Financial Inclusion.” Commenting on the awards, Didi…
Joseph Oluwemimo Osanipin, the new Director-General of the National Automotive Design and Development Council (NADDC) has said that he will be leveraging on teamwork to drive growth in the Nigerian automotive industry. In a statement following his appointment by President BolaTinubu, he said that he is opened to learning from the staff, whatever their level,…
Dr. Ifeanyi Chukwunonso Okeke’s professional journey includes vital roles in public and private institutions, where he has excelled as a Tax Executive, Financial Consultant, and Tax Manager. Notably, he served as the Interim Chairman and Chief Executive Officer of the Imo State Internal Revenue Service, leading a team that significantly increased internally generated revenue from…
Dr. Olasupo Olusi, a former World Bank economist and a development finance expert has been appointed as the new Managing Director/CEO of the Bank of Industry (BoI).Dr. Olusi takes over from Mr. Olukayode Pitan who resigned voluntary. Dr. Olusi’s appointment was inked by President Bola Tinubu, and announced in a statement by the Special Adviser…
▪︎Yemi Cardoso, current Governor of CBN (BusinessDay) Here is a list of the Central Bank of Nigeria (CBN) Governors from 1958 till date, along with brief biographies: 1. Roy Pentelow Fenton (1958-1963): Roy Fenton was the first Governor of the Central Bank of Nigeria.He played a significant role in establishing the central bank during Nigeria’s…
▪︎Cover image: Mr. Jaafar Harti, MD of Dolidol Group The Dolidol Group, a Morocco based foam mattress giant, is agressively expanding its tentacles through the acquisition of existing manufacturing plants in West, East and North Africa. This is even as the global mattress market is valued at $32.83 billion in 2022, and is expected to…
▪︎CBN Governor, Dr. Olayemi Cardoso. The Centre for the Promotion of Private Enterprise [CPPE] has called for a fresh recapitalisation of the banking industry in Nigeria. Dr. Muda Yusuf, CEO of the CPPE, made the call in a ten point agenda for the new Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso. He…
By Franklin Ocheneyi “IT’s high time compressed natural gas (CNG) and liquefied natural gas (LNG) powered vehicles ply Nigerian roads because of their environmental friendliness and sustainability.” This declaration was made recently by Otunba Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN). His expectations of running Nigeria on green energy vehicles, was…
▪︎UBA’s Group MD/CEO, Mr. Oliver Alawuba United Bank for Africa (UBA) Plc says that harmonization of currency exchange rates by the Central Bank of Nigeria, impacted positively on its earnings in the half year ended June 30, 2023. In a statement, UBA’s Group Managing Director/Chief Executive Officer, Mr. Oliver Alawuba, said: “The Group recorded strong…
