Business News

Oando Energy Resources Elects 7 Directors

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Energy Resources Inc. (OER) said on Monday it has elected seven (7) new directors. The company in a statement said all of the nominee directors listed in the management’s information circular dated May 6, 2015, were elected as directors. “The vote was conducted by […]

Twitter’s Dick Costolo to step down as CEO in yet another shake-up

Thu Jun 11, 2015/Reuters Twitter Inc Chief Executive Officer Dick Costolo abruptly announced he was stepping down on Thursday amid increasing scrutiny of the company’s slow user growth and inability to attract advertisers at the same rate as its competitors. Costolo will be replaced by co-founder Jack Dorsey on an […]

Rupert Murdoch to hand Fox CEO title to son James

Thu Jun 11, 2015/Reuters Rupert Murdoch, the 84-year old media baron, will hand over the chief executive reins at entertainment conglomerate Twenty-First Century Fox Inc to his 42-year-old son James, a source familiar with the situation said on Thursday. Fox Chief Operating Officer Chase Carey will step into an advisory […]