Phillips Oduoza emphasises courage and resilience as success traits to aspiring business leaders

Businessam StaffJune 4, 2018

Phillips Oduoza, the chairman of NOVA Merchant Bank Limited has advised aspiring entrepreneurs and business owners to be courageous and resilient, two necessary conditions for overcoming obstacles critical to business growth and success. Odozua, gave this advise while delivering the convocation lecture to the 2017/2018 Leo Graduating Class at Babcock University in Ilisan Remo, Ogun […]

Adelabu, Nigeria’s central bank deputy governor steps down July 15

Businessam StaffMay 31, 2018

President Muhammadu Buhari has formally accepted the disengagement of Adebayo Adelabu, deputy governor in charge of operations at the Central Bank of Nigeria (CBN), with effect from July 15, 2018. In a letter dated May 24, 2018 and personally signed by him, Buhari thanked Adelabu for his services to the country and wished him the […]

Nigerian billionaire, Otedola, invests $350m in power generation company

Businessam StaffMay 17, 2018

Femi Otedola, a Nigerian businessman, entrepreneur and philanthropist,  recently revealed his $350 million investment in the power generation company in Nigeria, days after joining Twitter. The Oil magnate and chairman of Forte Oil Plc. said he has invested $350 million in a power generation company known as Geregu Power Plc. He acquired the company in […]

Warren Buffett eyes investment in China

Businessam StaffMay 5, 2018

Warren Buffett, US billionaire investor has expressed his interest in expanding investment in big markets including China. “We want to invest money intelligently,” Buffett, chairman and CEO of Berkshire Hathaway, said in an interview with Yahoo Finance Editor-in-Chief of Andy Serwer. That’s why his company is looking to “find big things to do” in big […]

Angel Onuoha, Harvard undergrad fixing finance

Businessam StaffMay 5, 2018

One morning last June, Angel Onuoha took a train from Connecticut, where he was staying with a friend, to New York City. His summer internship at C.L. King & Associates Inc., a small investment bank, was his first real taste of the finance world outside the student financial clubs he’d joined as a Harvard freshman. […]

An audience with Mark Mobius: The 81-year-old investor’s second act

Businessam StaffMay 3, 2018

Mark Mobius was supposed to go quietly. The 81-year-old investment legend, who had worked with Franklin Templeton for more than 30 years, was expected to retire from the American asset management giant, hang up his famous white suit and pursue activities more associated with those entering their ninth decade. But, instead of sitting by the […]

Adeosun, Nigeria’s finance minister, Fowler, tax czar, get ICAN awards

Businessam StaffApril 30, 2018

Kemi Adeosun, Nigeria’s finance minister, and Babatunde Fowler, the country’s tax czar heading the Federal Inland Revenue Service, were among a few other notable individuals and organisations that received merit awards from Nigeria’s leading body of accounting practitioners, the Institute of Chartered Accountants of Nigeria (ICAN) over the weekend in Lagos. Isma’ila Muhammadu Zakari, ICAN […]

Jeff Bezos’ wealth jumps $12bn as Amazon shares soar 10%

Businessam StaffApril 27, 2018

Jeff Bezos’ fortune soared by $12bn on Thursday, an effect from Amazon’s exceptional results that beat Wall Street’s expectations. Bezos, already the world’s richest man is now worth more than $134bn (£96bn) thanks to his stake in the technology giant he founded in 1997. That puts him $43bn ahead of second-placed Bill Gates on Bloomberg’s […]