Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter. While Microsoft Chief Executive Steve Ballmer has been under pressure for years […]
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More listings needed for capital market growth –Stakeholders
As Nigeria marked its 53rd Independence anniversary on Tuesday, stakeholders in the country’s capital market said the Securities and Exchange Commission and Nigerian Stock Exchange needed to intensify efforts to increase the depth of the market. Market operators, shareholders and experts, who spoke to our correspondent, all said the focus […]
Ecobank CEO Denies Misconduct Amid Corporate Governance Review
Ecobank Transnational Inc. (ETI)’s Chief Executive Officer Thierry Tanoh denied allegations of fraud by a senior manager. “The bank’s governance norms are such today that what has been said couldn’t have been done,†Tanoh said in an interview last week in Paris. “We are doing a review because it’s time […]
