ITEX appoints Bashir Abiola-Are as new non-executive director

Afolabi OluwaseunSeptember 12, 2018

ITEX

ITEX Integrated Services Limited has announced that it has appointed Bashir Abiola-Are as a non-executive director. A statement issued by the company stated that Bashir has a wealth of experience in digital payment and financial inclusion having owned and operated MoneyMart in Maryland-USA. He was also the first Nigerian-born authorized Western Union agent in the […]

Facebook recruits former HP marketing lead as its new CMO

August 27, 2018

Since Facebook CMO Gary Briggs announced his plans to retire all the way back in January, the company has finally found a new marketing veteran to replace him. Antonio Lucio — the former CMO for Hewlett-Packard — will take over the role starting September 4, according to a Facebook post from the company’s chief product […]

Accenture Nigeria charge businesses to build pervasive cyber resilience

Justice OkamgbaAugust 16, 2018

Accenture Nigeria

Accenture Nigeria said on Thursday that businesses will need to expediently build a pervasive cyber resilience to wage war against cybercrime. In a note to business a.m., Niyi Yusuf, country managing director, said to be cyber resilient, companies need to infuse security into everything they do and every new thing they are preparing to do. […]

StarTimes to reduce subscription price by September 1

Afolabi OluwaseunAugust 13, 2018

StarTimes

StarTimes, a leading digital TV in Africa has announced the planned reduction in subscription fee for its classic bouquet. In a statement signed by Kunmi Balogun, the company’s public relations manager, the classic bouquet which is priced at N2,600 will be N1,900 as from September 1 and will come with the inclusion of channels like […]

GE Nigeria graduates 26 young Nigerian entrepreneurs

Afolabi OluwaseunJuly 31, 2018

General Electric

As part of its contribution to skills development in Nigeria, General Electric (GE), the world’s premier digital industrial company, recently concluded its four-week GE Lagos Garage programme, a unique advanced manufacturing-based training programme that has helped in the empowerment of countless number of people worldwide. The training program was conducted by GE in-house instructors, and […]

Shake up in Samsung board for improve governance, decision-making

Businessam StaffMarch 26, 2018

Samsung announced a revamped board structure against a backdrop of criticism over its practices, although the changes were not especially wide-reaching. At its annual shareholder meeting, Sang-Hoon Lee, president, and former CFO was appointed the chairman, marking the first time this role was split from the CEO position. “The separation will further empower the board […]

Samsung unveils new S9 phone with augmented reality features

Businessam StaffFebruary 25, 2018

Samsung launches its new flagship smartphone on Sunday with a focus on augmented reality features as it seeks to keep its title as the world’s biggest smartphone maker. The South Korean firm showcased the Galaxy S9 on the eve of the official start of the Mobile World Congress in Barcelona, which comes after a year […]

Samsung targeting $10bn sales in India over 2018

Businessam StaffFebruary 20, 2018

Samsung is targeting $10 billion worth of sales in India over the course of this year, The Economic Times reported Monday, citing an unnamed company official. The tech giant’s performance in the South Asian country is expected to be largely fueled by select consumer electronics categories such as smartphones, appliances, and TVs, with its main […]

IBM recovers after six years, but higher tax rate fear looms

January 19, 2018

IBM

International Business Machines Corp’s revenue finally shot up for the first time in 23 quarters, beating analysts’ estimates, but James Kavanaugh, IBM veteran, and new chief financial officer warned that a higher tax rate this year would pull back its profit level. IBM’s shares have amassed 10 percent so far this year on hopes of […]