“The African economy which largely depends on the exploitation of natural resources should move on to become a transformation economy”, said Donald Kaberuka, President Africa Development Bank.

Following the revelations of the principal officers of the Securities and Exchange Commission (SEC) and the deluge of questions by the ad hoc committee of the House of Representatives probing the near collapse of the Nigeria capital market on Wednesday, Director-General of the SEC, Ms. Arunma Oteh, has admitted that there was division and rancour within the rank and file of the commission, saying that she has learnt her lesson.

Mr. Frederick Ohiaeri is the Managing Director/Chief Executive Officer of 62:15 Associated Industries Ltd. and its subsidiary, 62:15 Healthcare Ltd. In this chat with Vanguard in his Lagos office, the graduate of medical physiology from the University of Port Harcourt speaks on his business, the challenges and how he has been coping.

CHIEF Executive Officer, CEO, West Africa, Renaissance Group (Investment Banking), Ms Yvonne Ike, has been appointed into the Board of Guinness Nigeria Plc, as a non-Executive Director.

THE Board of Directors of Nigeria Inter-Bank Settlement System, NIBSS, Plc has appointed Mr. Folashodun Shonubi, the company’s new Managing Director and Chief Executive Officer, CEO.