Skye Bank Plc has completed the purchase of 100 per cent shares of Mainstreet Bank from the Asset Management Corporation of Nigeria (AMCON). The last tranche of the money for Mainstreet Bank acquisition was paid to AMCON on Friday, October 31 ahead of the November 3 deadline. The 80 per cent balance payment was made to AMCON in fulfillment of ... Read More »
Category Archives: Business
Meet the new Md of Diamond bank,45 years old Uzoma dozie
> > > > > The Board of Directors of Diamond Bank has announced the resignation of Dr Alex Otti effective October 30th 2014 and the appointment of Mr. Uzoma Dozie as its new Group Managing Director effective November 1st 2014. > > > > The Bank’s Board approved the appointment of Uzoma Dozie as Group Managing Director/ CEO- designate ... Read More »
Stakeholders rate Promasidor high on safety
Experts in the safety and health sector of the Nigerian economy have scored Promasidor Nigeria Limited, makers of Cowbell Milk, high for its safety measures and policies which they said are effective. They gave the commendation at a safety day organised by the company in Lagos on Tuesday. Leading the pack is the Chief Medical Director, St. Raphael Hospital Limited, ... Read More »
Airtel to launch a unique mobile song contest ‘Airtel Trace Music Stars’
Leading telecommunications operator, Airtel Nigeria is partnering with Trace, an International music video channel, to launch a unique mobile song contest,designed to empower Nigerian youths and create robust platforms for them to achieve their aspirations. The competition tagged ‘Airtel Trace Music Stars’ is a mobile song contest which will allow contestants to audition right from their phones and earn a ... Read More »
Guinness under fire, as NGO alleges de-marketing.
Guinness Nigeria Plc is currently under fire. The company which has been posting declining performances in the past five years is alleging through a Non-Governmental Organisation (NGO); Consumer Rights Advocacy Network of Nigeria (CRANN) that its poor performances are as a result of unfair practices by Nigerian Breweries. Although, the NGO did not disclose the name of the brewery, which ... Read More »
GE Demonstrates Role of Industrial Internet to Customers, Stakeholders
As part of efforts to create more awareness on how the Industrial internet helps speed up industrialisation, General Electric, a global technology and infrastructure leader, has held a forum for stakeholders and customers. Participants learned how GE’s “industrial internet” and automation solutions can help their businesses. The day focused on the Industrial Internet, Industrial Big Data and Real-time Operational Intelligence ... Read More »
ACCESS BANK RECRUITS GRADUATES
Innovation comes from environments that allow you to collaborate, engage in discovery-driven learning, and make integrative decisions. Resources, processes, values, behavior, climate and success; these have been called the building blocks of innovation. Access Bank Plc is that environment that allows your individual talents to thrive while amplifying your effort by making you part of a superb team. At Access ... Read More »
Diamond Bank Partners DHL to Create Logistics Solutions for Businesses
Diamond Bank Partners DHL to Create Logistics Solutions for Businesses Diamond Bank Plc, Nigeria’s leading retail Bank, has entered into partnership with DHL Global Forwarding to ease financial and logistics burden faced by manufacturers and businesses during importation of goods and raw materials. The product, Diamond Logistics Service, would allow business managers and owners, particularly in the manufacturing sector, to ... Read More »
Osolo of Isolo applauds Promasidor’s CSR
In recognition of the enormous contributions of Promasidor Nigeria Limited to the Isolo community in the Oshodi-Isolo Local Government Area of Lagos State, the Osolo of Isolo Kingdom, His Royal Majesty, Oba Kabiru Kolawole Agbabiaka and his Council of Chiefs have commended the company for its outstanding Corporate Social Responsibility (CSR) drives. Speaking during their visit to the Headquarters of ... Read More »
Kwara State Redeems N17b Bond on Schedule
The Kwara State Government has redeemed the N17 Billion Bond obtained in 2009 for infrastructural development projects. State Governor, Alhaji Abdulfatah Ahmed, who announced the redemption during a meeting with stakeholders in Ilorin, expressed satisfaction that the state had meet all its obligations under bond. He said the N17b was utilised for the Kwara State University, Malete, the International Aviation ... Read More »