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Category Archives: Business

APC under fire for hiring foreign PR consultants •Enough is enough, says PRCAN, slams ‘progressive’ party

The Public Relations Consultants Association of Nigeria (PRCAN), the umbrella body of certified Public Relations firms in Nigeria, has condemned the disclosure by the All Progressives Congress (APC) that it had engaged the services of AKPD Message and Media, a United States-based Public Relations and Public Affairs Consultancy firm, to manage the party’s campaign for the 2015 general elections. In ... Read More »

Access Bank appoints Usoro as non-executive director

Access Bank Plc has announced the appointment of Mr. Paul Usoro as a non-executive director of the bank. A statement by the bank on Tuesday said Usoro, a Senior Advocate of Nigeria, would bring on board his extensive boardroom experience from some of Nigeria’s leading companies and multinationals. According to the statement, Usoro has over 30 years post-call experience and ... Read More »

Total appoints first female MD for Nigerian operations

International Oil Company, Total, has appointed the first female Managing Director to run its Nigerian operations. The company, in a statement on Friday, named Mr. Elisabeth Prousst as the Managing Director/Chief Executive of the Total upstream companies in Nigeria consisting of Total E&P Nigeria Limited, Total Upstream Nigeria Limited and several other subsidiaries. The statement said Proust would also double ... Read More »

Promasidor, Others Win Lagos State CSR Awards

Promasidor Nigeria Limited, makers of Cowbell milk emerged one of the top winners of the Lagos State Government Support Our Schools Initiative Corporate Social Responsibility Award for 2014. The award ceremony which was part of the Support Our Schools Initiative’s annual Corporate Social Responsibility Award/Breakfast Meeting with the Governor; held under the watchful eyes of Governor Babatunde Raji Fashola (SAN), ... Read More »

Skye Bank Successfully sends Staff to 115 YEARS Imprisonment for stealing customer’s 8.9m

A  Lagos High court sitting in Igbosere, presided over by Justice Adebisi Akinlade on Monday February 17, 2014 sentenced Jamiu Seun Odunayo, a former banker, to One Hundred and Fifteen Years (115) imprisonment with no option of fine over an offence which borders on fraud, stealing, and obtaining money by false pretence. The convict was arraigned by the Economic and ... Read More »

Gni Replies Amosun Commissioner of finance,calls her Liar

Press Statement – My attention has been drawn to a premeditated misinformation spewn by the Ogun State Commissioner for Finance, Mrs. Kemi Adeosun during her appearance before the State House of Assembly on Wednesday 12th of February, 2014, to defend yet another loan that the state government wants to obtain which is to the tune of N19b (Nineteen billion naira). I ... Read More »

UNION BANK MANAGER DAN IBRAHIM IN #2B FOREX SCANDAL

Four persons including a UNION BANK Manager, Danasabe Ibrahim are now singing like birds with the EFCC on a forex deal totaling about #2.05 billion. Recently they were arraigned at a Lagos High Court in Ikeja before justice Lateef Lawal-Akapo. Ibrahim and 3 others are facing a 3-count charge of conspiracy to defraud, unauthorized modification of computer data. The accused ... Read More »

GVE-P Pilot rural electrification project takes off, Over 140 homes, two villages taste electricity first time

The GE Africa-USADF Power Africa Off-Grid Energy Challenge is beginning to yield dividends as one of the winners of the inaugural contest; Green Village Electricity Project (GVE-P) recently completed the pilot phase of its off-grid community electrification project in Egbeke community in Rivers State. The project currently produces about 6 KW of solar powered electricity, which it distributes to over ... Read More »