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Category Archives: Business

Chinese Group to Invest $54m in Kwara Industrial Sector

Kwara State Government’s effort at attracting international investments to the state has continued to yield positive result as a group of Chinese Investors expressed their commitment towards investing about $54m in the industrial sector of Kwara State in the next couple of years. The leader of the team, Mr Shi Zengchao said about $15m would be invested in the next ... Read More »

mediaReach OMD, Google Partner On Brand Marketing

The West and Central Africa’s number one independent media specialist, mediaReach OMD has aligned forces with Google Global Services Nigeria Limited over taking brand marketing in Nigeria to a new level. The alignment saw the two companies exchanging ideas on the survival strategies for different brands now that the players are faced with stiff competition not only in Nigeria but across ... Read More »

Joda Committee to Buhari: Merge debt-ridden Arik, Aero, others to form national carrier

The Buhari administration may be considering merging all debtor airlines in the country into a national carrier, capable of serving the West and Central African regions, with Nigeria as the regional aviation hub. That is part of the recommendations by the Ahmed Joda transition committee, which submitted its report to President Muhammadu Buhari about two weeks ago. Volumes of the ... Read More »

Wema Bank Increases Branch Network

Wema Bank Plc, (Bloomberg: WEMABANK: NL Reuters: WEMABANK: LG) announces opening of two new branches in Lagos Wema Bank Plc, Nigeria’s longest surviving indigenous bank has increased its branch network with two new additions. This is in a bid to take business opportunities to the door steps of customers and achieve part of the planned growth for the 2015 Financial ... Read More »

BANKERS MEET BLOGGERS IN NOVEL CONFERENCE

As part of efforts to foster a more harmonious working relationship between bloggers and social media influencers; and corporate affairs managers of banks, the first bankers/bloggers conference would hold Thursday, July 16th at the Protea Hotel, GRA, Ikeja. The theme of the conference is; ‘What Do Bloggers Really Want: The PR Perspective’. Foremost PR practitioner and C.E.O of TPT International, ... Read More »

Diamond Bank’s CEO Named Best Digital Banker of The Year

Uzoma Dozie, Diamond Bank Plc’s CEO has been nominated the Best Digital Banker of the Year. The Award, given by the American Banker, Bank Technology News, is in recognition of the Bank’s high value addition to mobile banking and for leading the digital revolution in providing efficient and cost-effective services in the financial industry using the mobile phone. A message ... Read More »

KWSG Sets Up New Internal Revenue Service For IGR

A bill establishing the Kwara State Internal Revenue Service (KSIRS), which is authorized to collect and manage revenue on behalf of state government and local councils, has been signed into law by the State Governor, Alhaji Abdulfatah Ahmed. The new law also repeals the edict establishing the State Bureau of Internal Revenue (BIR). Speaking while signing the new law in his ... Read More »

$30B OIL RESERVES: OBY EZEKWESILI RIDICULES EX-MINISTER’S CLAIM

Kola Popson The former Nigerian Minister of Education, Mrs. Oby Ezekwesili has ridiculed the claim by the immediate past Minister of Dr. Goodluck Jonathan led government, that their government left $30 billion in the national treasury, by taking time to shed more light on the subject matter on her twitter handles. It would be recalled that Oby Ezekwesili was a ... Read More »

Union Bank Launches Smarter Banking Centers

In line with its efforts to build “simpler, smarter bank, the management and directors of the bank over the week launched new smarter banking centers at MM2 Lagos Airport, E-Center (Yaba), Silverbird Galleria (Lagos & Abuja). Speaking at the launch Emeka Emuwa (group managing director Union Bank of Nigeria) said that “The smarter banking center is designed for technology savvy customers who ... Read More »