By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Unity Bank Plc Tuesday announced the appointment of Lamis Shehu as the new chairman of its board. The bank said alongside Shehu is the appointment of Thomas Akor as vice chairman of the board of the bank. This is coming on the heels of the […]
Business News
Wema Bank divests from GNI
Wema Bank Plc on Monday said it had divested its majority stake in Great Nigeria Insurance Plc. A statement by the bank quoted the bank’s Head, Brand Management and Research, Mr. Tunde Lawanson, as stating this. Lawanson said that the new Chairman of the bank, Mr. Tokunbo Talabi, had assured […]
Drugmaker GSK to invest $200 million in African factories, R&D
Drugmaker GlaxoSmithKline plans to invest up to 130 million pounds ($216 million) in Africa over the next five years as chronic diseases become more common among the continent’s swelling urban middle classes. The decision reflects the draw for the pharmaceutical industry of the region’s rapid economic growth and rising demand […]

