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 »
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 »
FEMI OTEDOLA’S FIRM FORTE OIL MAKES TIWA SAVAGE BRAND AMBASSADOR
Nigeria singing sensation Tiwa savage has been made an ambassador of Forte oil. congratulations to her. 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 »
FRAUD IN WEMA BANK AGAIN! CUSTOMER MILLIONS DISAPPEARS MYSTERIOUSLY
Few day back, naija hottest gist reported a case of fraud going on in wema bank, in case you missed it read it here. As you read this report, another two million naira has been reported missing at Maryland branch of the bank. Naija hottest gist gathered that a customer(name with held) who is into ice cream business, woke up ... 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 »