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Category Archives: Business

Advertising Guru Kehinde Bakare Held by Efcc for mismanaging Client’s 1.3b

The Economic and Financial Crimes Commission, EFCC, on Tuesday, February 11, 2014 arraigned one Yusuf Kehinde Bakare  before Justice Raliatu Adebiyi of the Lagos High Court, Igbosere on a 75-count charge bordering on conspiracy, stealing and obtaining money under false pretence.   Kehinde Bakare is alleged to have received the sum of  N1,472,285,294 (One Billion, Four Hundred and Seventy Two ... Read More »

Efcc Declares Standard Chartered Securities Boss wanted Over 251M scam

The Economic and Financial Crimes Commission (EFCC) has declared the owner of Standard Chartered Securities Limited wanted. The declaration was contained in a statement signed by the Commission’s Head of Media and Publicity, Wilson Uwujaren. Below is the text of the statement: “The public is hereby notified that Olabode Jacob O Obayomi, the owner of Standard Chartered Securities Limited of ... Read More »

Onyekachi Onubogu now on the Board of Promasidor

The Board of Promasidor Nigeria Limited, makers of Cowbell Milk; has elevated Mr. Onyekachi Onubogu, to the position of Executive Director (Commercial).     Mr. Onubogu is an experienced marketing and business development manager with cross-functional and multi-national living and working exposure across the African continent. He has over 19 years’ experience in sales, marketing, finance and general management functions. ... Read More »

Diamond and heritage bank may acquire Enterprise Bank

As the deadline for submission and opening of bid documents submitted by investors for the acquisition of the defunct Spring Bank, which was rescued by the federal government in 2011 and managed by the Asset Management Corporation of Nigeria (AMCON) draws near, interested investors in the rescued bank, now known as Enterprise Bank Plc are employing every available means to ... Read More »

LASAA AGENCY AND MISTRESS TEMI ETOMI SPENDS AGENCY MILLIONS

According to The Elite nigeria   HOW TEMI ETOMI RUNS THE AGENCY All over the world, office relationship or a boss-subordinate affair is a common phenomenon. That is why the open relationship between George Noah, the urbane, smooth-talking gentleman that superintends over the Lagos State Advertising and Signage Agency, LASAA, and Temitayo Etomi, his fiery Special Adviser, Operations, is seen ... Read More »

Otudeko Vs Danjuma 48m dollars Land dispute latest,Otudeko Lawyers Halts Hearing

Hearing in the $48m land suit filed by Oba Otudeko’s Honeywell Group against billionaire businessman, Alhaji Aliko Dangote, was abruptly truncated at a Federal High Court, Lagos on Thursday. The hearing was halted after counsel for Honeywell, Dr. Joseph Nwobike, insisted on an adjournment despite opposition by lawyers representing Dangote and his firms, Dangote Industries Ltd and Greenview Development Nigeria ... Read More »

Promasidor Partners Thomson Foundation on Quill Awards

In order to further encourage excellence in journalism, Promasidor Nigeria Limited, makers of Cowbell Milk is partnering with Thomson Foundation to take the Promasidor Quill Awards to a new level. With this partnership, the best overall entry for the 2014 Promasidor Quill awards would have the opportunity of participating in a five -week course in the UK. Chief Keith Richards, ... Read More »

GE attributes global human resource leadership to corporate philosophy

General Electric (GE), a global technology and infrastructure company says its global rating as the world’s best company for leadership is due to its human resource leadership philosophy which inspires its employees to be the very best in their respective e specialties. Susan Peters, GE’s Senior Vice- President for Human Resources made this known while presenting a keynote address to ... Read More »