Lagos, Nigeria, May 24, 2018// – eTranzact International Plc has fired its Managing Director, Valentine Obi and some of its other directors will step down, after the Central Bank of Nigeria (CBN) asked the senior management of the payment processor company to resign.
Tag: Managing Director
Former MTN CFO Joins Terragon Group’s Board of Directors
London, UK, November 1, 2017/ — The Board of Directors of Terragon Group has announced the appointment of Andrew Bing, a former Chief Financial Officer of MTN Nigeria, as an independent non-executive director (NED) at the last board meeting held in London.
Shell Reduces Fuel Prices Across Board
Vivo Energy, the company behind the Shell brand in Ghana, has reduced the ex-pump prices of petroleum products at Shell service stations in the first window for the month of April, in line with new market trends.
Mauritius Based Equity Firm Acquires Mövenpick Ambassador Hotel
Quantum Group Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., today announced the acquisition of the Movenpick Ambassador Hotel Accra from Kingdom Holding Company (KHC).
Mantrac Offers Technical Support to Small and Medium Scale Miners
Mantrac Ghana in keeping its market leadership position in the supply of mining equipment organized a days’ forum in Takoradi for selected small and medium scale mining customers.
Africa’s Investment Banking Fees Hit $154.7M
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, has released the quarterly investment banking analysis for the Sub Saharan Africa region.
Maersk Unveils Biggest Ship at Tema Port
Maersk Line has introduced a new vessel, MV Maersk Tema, at the Tema Port.
Hilton Leads Hotel Development Boom in Africa
The findings of this year’s Hotel Chain Development Pipeline Survey, produced by Lagos-based consultancy W Hospitality Group, show that Hilton is leading the race to develop new hotels in Africa with 7,250 rooms in its pipeline, spread over 29 new properties, 18% up on the previous year.
afb Receives Green-light to List on GSE
afb Ghana has received regulatory approval to list bonds about GHS 100 million on the Ghana Stock Exchange (GSE).
Aggreko Extends 200 MW Ivory Coast Power Project
Aggreko, the world leader in the provision of temporary power and temperature control services, has announced a three year contract extension to its 200 MW gas-fired power project in Ivory Coast, with an option to extend this by a further two years.