Standard Chartered Bank has announced plans to launch its newest mobile and online banking platform to one million clients across eight African markets. After the roll out to Botswana, Ghana, Kenya, Nigeria, Tanzania, Uganda, Zambia and Zimbabwe in the first half of 2016, the bank will launch fingerprint recognition technology in Botswana, Kenya, Uganda, Tanzania, Zambia and Zimbabwe for the firs time later in the year, giving clients a more secure and convenient way to log in to their accounts. In Nigeria and Ghana, mobile banking clients will move to the bank’s standard global platform.

The management of GlaxoSmithKline Consumer Nigeria, GSK Plc has allayed fears of job cuts after its planned divestment of its drinks business later in the year. The Legal Director/ Company Secretary, GlaxoSmithkline Consumer Nigeria Plc, Mr. Uchenna Uwechia, who disclosed this to select journalists in Lagos stated that the Board of Directors of GSK Plc has accepted Suntory Beverage & Food Limited offer for the divestment of its drinks bottling and distribution Business.

A new Managing Director has been appointed for Jaiz Bank Plc. He is Mr. Hassan Usman. The Board of Directors of the bank appointed Usman substantive Managing Director to run the affairs of the Bank subject to the approval of Central Bank of Nigeria (CBN).

Recently, online job portal, Careers24 introduced an online solution, a feedback mechanism that provides unfettered access to employees to rate their employers. Called the Company Review, the new solution democratises employer performance assessment, thereby providing a two way seamless communication pathway for both the employee and the employer to make informed decisions.

Etihad Airways has appointed George Mawadri as its new General Manager in Nigeria. He will be responsible for growing Etihad Airways’ relationships with its travel trade and corporate customers while furthering the development of the airline’s commercial strategy in Nigeria.

The Nigerian Airspace Management Agency,NAMA, has assured stakeholders that the nation’s airspace remains one of the safest on the continent of Africa for air navigation. This was disclosed by the Acting Managing Director of NAMA, Engr. Emma Anasi while declaring open the demonstration of Aircraft e-Clearance User Acceptance Test Module to National Air Defence Corp, Security Agencies and other stakeholders in Port Harcourt, Rivers State.

Challenges facing outdoor practitioners in Lagos seems not to have abated, as the state government has concluded plans to handover the state’s out-of-home business to Jean Claude Decaux; a foreign agency, to manage. Outdoor practitioners in Nigeria have over time complained of strangling regulations and high rates by states’, signage and advertising agencies.

Nestle Nigeria Plc has signed a Memorandum of Understanding, MoU, with International Fertilizer Development Centre, IFDC, to support the local farmers and facilitate government’s economic diversification agenda. The partnership, a two-year pilot project, aims to help smallholder farmers, of whom 40 per cent are women, in Sahel and Sudan Savanna areas of the country to develop farming as a business and improve the quality and yields of millet and sorghum, which are popular staple crop ingredients in West African nation.

Chief Executive Officerof Ed Theo Energy Limited, Fola Aguda has said Nigeria should urgently begin to explore non-oil options available for it, in order to remedy the current economic challenges occasioned by fall in crude oil prices.Aguda made this statement while addressing newsmen ahead of the Full Gospel Business Men’s Fellowship International, FGBMFI annual seminar scheduled for Friday June, 10th and 11th in Lagos.

The NSE Oil and Gas Index fuelled by 17.87 per cent loss on the shares of Oando Plc closed as the second worst performing sector, depreciating by 5.3 per cent to 326.05 points. The NSE 30 Index was down 4.9 per cent to settle at 1,229.26 points, while NSE Insurance Index went down by 4.01 per cent to 130.12 point. The Consumer Goods sector lost 3.01 per cent, while Industrial sector slipped by 3.35 per cent.