One of Nigeria’s fastest growing Public Relations Consultancy outfits, PRRedline, has been voted PR Agency of the year in the Public Relations Category of the 10th edition of the Excellence Recognition Awards organised by frontline tabloid, Global Excellence Magazine. The event which held at the Havens Event Place, Lagos on Sunday, 16th March saw PRRedline beat other nominees ... Read More »
President Goodluck Jonathan on Wednesday endorsed the sack of the Group Executive Director of Exploration and Production of the Nigerian National Petroleum Corporation, Abiye H. Membere. Though no reason was given for his sack, Membere, who was in the office on Wednesday, was replaced by Dr. Joseph Thlama Dawha. Jonathan also approved the appointment of four other GEDs for the ... Read More »
The Economic and Financial Crimes Commission, EFCC, has arrested four undergraduates and three others for alleged involvement in Internet scam. They were arrested in two different locations in Ibadan, Oyo State. The undergraduates are: Otuyalo Damilola, a 400 level student of Computer Science of Lead City University, Ibadan; Adegbuyi Michael, an undergraduate of University of Kaula Lumpur, Malaysia; Ibrahim ... Read More »
THE Senate will Thursday, commence the screening of Mr. Godwin Emefiele for appointment as Governor of Central Bank of Nigeria,CBN. If confirmed by the Red Chamber as requested by President Goodluck Jonathan, Mr. Emefiele will succeed Mallam Sanusi Lamido Sanusi, who was placed on suspension by the President over sundry allegations. The Senate disclosed this in its Notice Paper yesterday. ... Read More »
Union Bank Plc is in the process of selling its non-core banking subdiaries to allow it focus on areas of competitive advantage, particularly retail, commercial and corporate banking, the Group Managing Director, Mr. Emeka Emuwa, has said. He said the divestment process would be concluded before year end, well ahead of the February 2015 deadline that the Central Bank of ... Read More »
The Public Relations Officer of MedView Airlines, Mr Obuke Oyibotha, said the operations of the airline had not been grounded because of an “air-return” incident involving one of the airline’s planes on March 15. Oyibotha told journalists on Monday in Lagos that the airline’s operations were not grounded by the aviation authorities as reported in the social media. “Our operations have ... Read More »
Ecobank Nigeria Plc worker, Babatunde Oke, who died in the police custody, has been buried. He was laid to rest in his hometown in Ijebu Ode, Ogun State on Saturday afternoon as the family vowed to unravel the cause of his death. we had had reported on February 24, 2014 that Babatunde died after being detained at the Falomo Police ... Read More »
The Excess Crude Account (ECA), which stood at $2.11 billion as at February 17, 2014, has increased by $1.34 billion, bringing the total savings in the till to $3.45 billion. This signposts a positive for the account, which has recorded a declining trajectory in recent times due mainly to its draw down to augment the monthly allocation being shared among ... Read More »
The princely amount of N46 million in the dormant bank account of the Emir of Kano, Alhaji Ado Bayero, was simply irresistible for the young female banker. So the suspect, Amina Magaji, was prepared to risk everything to reactivate the account and convert part of the balance there in to her use. The account was said to have been opened ... Read More »
Foremost African Banking Group, Guaranty Trust Bank plc has announced its audited financial results for the year ended December 31, 2013 to the Nigerian and London Stock Exchanges. A review of the results shows a strong and positive performance across all financial indices and also affirms the Bank’s position as one of the most profitable financial services provider in Nigeria. ... Read More »
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