Business

Recapitalisation: Labour Ministry charges banks to protect workers

By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
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Underwriters shun Takaful Insurance

Underwriters in the insurance sector   have shunned   Takaful Insurance   product due to lack of confidence in the prospect for the business.

INTELS wins Nigerian Shippers’ Council CSR award

Nigeria’s oil and gas logistics giant, Intels Nigeria Limited, has been conferred with the award of the “Most Outstanding Terminal Operator in Corporate Social Responsibility” by the Nigerian Shippers’ Council (NSC), a Federal Government agency under the Federal Ministry of Transportation. 

NB appoints Borrut Bel as managing director

Nigerian Breweries, NB Plc, has announced the appointment of Mr. Jordi Borrut Bel as its Managing Director/Chief Executive Officer, even as it reorganises its management team. The appointment will take effect on January 22, 2018.

GTB bags EMEA awards

Guaranty Trust Bank Plc, GTB, has bagged the EMEA Finance awards as the “Best Bank in Nigeria” and the “Best Bank for CSR in Africa.” Its Managing Director and Chief Executive Officer, Segun Agbaje, also bagged the award for the CEO of the Year, which he won in 2013, thus becoming the first ever repeat winner in the history of the awards.

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