ABSA Group's CEO, Arrie Rautenbach, is set to start his garden leave in October as part of his transition out of the role. Having guided the company since 2021 through various challenges, his departure marks a significant shift. The bank is expected to announce the details of his successor soon to ensure a smooth leadership handover.

The Federal Competition and Consumer Protection Commission (FCCPC) has charged Coca-Cola Nigeria and Nigerian Bottling Company with misleading customers through deceptive labeling and marketing of their products. The investigation revealed violations of the FCCPA and stressed that the companies consistently misrepresented product formulations.

The Nigerian National Petroleum Corporation (NNPC) is set to recruit new staff members as part of its efforts to enhance its workforce and improve operational efficiency. The recruitment drive will open up various positions within the organization, highlighting NNPC’s commitment to strengthening its human resource base and optimizing performance.