13

Sep

FG suspends proposed 5% tax on phone calls, data

The Federal Government has suspended the introduction of 5% excise duty in the digital economy sector, a tax which was earlier proposed by the Minister of Finance. The Minister of Communications and Digital Economy, Isa Pantami disclosed this in Abuja during the inauguration of a committee that will review the policy. Pantami said he personally rejected the […]

12

Sep

Ecobank appoints Jeremy Awori as Group CEO as Ade Ayeyemi retires

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy. The Board of Directors selected Jeremy Awori to succeed Ade Ayeyemi as Group Chief Executive Officer. The relevant effective dates will[…]

12

Sep

Ellah Lakes takes over Adarice Farms & Associated Assets from Enugu State Government

Ellah Lakes Plc has notified the Nigerian Exchange and the investing public of the Take Over of the management and operations of Adarice Farms & Associated Assets from Enugu State Government. This is Following the signing of the Memorandum of Understanding between Ellah Lakes Plc and Enugu State Government (Enugu State Technical Committee on Privatisation and Commercialisation),[…]