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Category Archives: Business

Breaking! Ecobank Group names Ade Ayeyemi as new Group CEO

Ecobank Transnational Incorporated (“Ecobank”), parent company of the Ecobank Group, the leading pan-African bank with operations in 36 countries across the continent, today in Lome, Togo, announced the appointment of Ade Ayeyemi as its new Group Chief Executive Officer. His appointment is effective from September 1, 2015, an Ecobank Group statement said. Mr Ayeyemi, 52, will replace Albert Essien, who ... Read More »

Skye Bank appoints 4 Executive Directors

The Board of Directors of Skye Bank Plc has announced the elevation and appointment of four new Executive Directors to the board as part of the overall efforts to uphold the standards and tradition of the bank. The new Executive Directors are Mr. Bayo Sanni, Executive Director, Lagos Commercial Banking; Mr. Idris Yakubu, Executive Director, Abuja and Northern Region; Mrs. ... Read More »

Ovia returns spectrum issued by Jonathan

There were indications on Monday that the Chairman of Visafone, Mr. Jim Ovia, might have returned the telecoms frequency spectrum awarded to his company, Cyberspace, to the Federal Government. Cyberspace is Ovia’s fully owned Internet Service Provider business based in Lagos. It was learnt that he took the decision after the controversy that trailed ex-President Goodluck Jonathan’s issuance of the ... Read More »

Samsung, Diamond Bank Plc and Softcom Signs Partnership MoU for $100M Technology Intervention Fund for Education in Nigeria

  In preparation for the Future Ready University Conference, the Technology Intervention Fund will increase Technology Adoption for Universities; improve learning experiences and academic outcomes for students in Nigeria. May 22, 2015 – Lagos, Nigeria – Diamond Bank, Samsung Electronics and Softcom Limited have secured a partnership to provide a special 100 million US Dollars Technology Intervention Fund for Education. ... Read More »

GTBank and Etisalat Partner to Offer New Retail Banking Service

Guaranty Trust Bank plc, a foremost financial institution in Africa and Etisalat, one of Nigeria’s most innovative and fastest growing telecommunications company have partnered to introduce GTEasySavers, a savings account that is easy to open and easy to save; designed to enable under-banked and unbanked individuals achieve their financial goals while operating a regular bank account via their mobile phones. ... Read More »

THE NEW HERITAGE BANK WILL EMERGE AS A BOLD AND LEADING TIER-TWO BANK’ – Akpobome

THE NEW HERITAGE BANK WILL EMERGE AS A BOLD AND LEADING TIER-TWO BANK’ – Akpobome Heritage Bank’s unwavering commitment to a deliberate and focused growth strategy in the last two years has resulted in laying a strong foundation for the emergence of a bold and leading tier-two banking institution that will be fully unfolded when the ongoing process of integrating ... Read More »

Uba spokeman Issues statement and Denies Dating Geeneive Nnaji

We can confirm that the allegation that the GMD of UBA Mr. Phillips Oduoza is involved with actress Genevieve Nnaji is an ‎online smear campaign, designed to blackmail UBA.   Our investigations show that a particular online publication has continued to push the story since last year, posting several versions of the story after each failed attempt to blackmail the bank ... Read More »

MEET NIKE FOWOWE

Omonike Fowowe: Relentless Entrepreneurialism Omonike Fowowe is easily one of the best symbols of relentless optimism you would find; this 25 year old entrepreneur has built a plethora of marketing communications and humanitarian brands under the holding company; Express Multi-Concept Resources (EMR) Group Ltd; which she founded in 2011; fully focused helping organizations to be more visible and accessible to ... Read More »

DGCL Accuses Police Of Working With Pipeline Vandals To Sabotage Nigerian Economy

The management of Donyx Global Concepts Limited has observed the activities of some unscrupulous men of the Nigeria police, who have been unrepentant in their association with saboteurs of the Nigerian economy.   The recent happenings in Igando area of Lagos State and Sagamu in Ogun State have further confirmed our claims that some policemen purporting to be members of the Inspector General ... Read More »

Promasidor Quill Awards Holds May 22

The 2015 Promasidor Quill Awards will hold on Friday, May 22, 2015 at Sheraton Hotel and Towers, Ikeja, Lagos.   Winners of the different categories of the Awards, which are in their third phase, will be unveiled at the event.   The categories include: Brand Advocate of the Year; CSR and Industry Report of the Year; Best Photo Story of ... Read More »