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Category Archives: Business

Cancer-causing chemical found in Pepsi

A Cancer-causing chemical has being found in Pepsi By transport & business express. The presence of a cancer-risk chemical in the popular Pepsi drink has sparked unease in the advanced nations of the world, In the UK, Pepsi has been criticized by child food campaigners for refusing to change its ingredients to remove 4-methylimidazole (4-MI), a potential cancer-causing chemical. The ... Read More »

Fake Airforce officer Arrested trying to Dupe Oak Chairman

Fifty-year-old Kareem Hassan, who hails from Oyo State, was arrested while trying to dupe Mr. Lance Musa Elakama, the Chairman of Oak Plastics Industries at Isheri Area, Lagos/Ibadan Expressway. Dressed in Air Force uniform, he came to the premises of the company to dupe the Chairman. He had earlier visited the company three weeks ago, seeking to see him. Then, ... Read More »

Stanbic Ibtc Denies Sacking Staff For Fraud

Days After Ecobank,mainstreet and skye bank sacked Hundreds of bankers,Stanbic ibtc has denied the rummors flying round that about 10 top staff in there Marketing Dept has been given the boot,This morning several  informed sources confirmed to us that the Department which used to be under the leadership of Bimbo Ashiru who has moved on to become Ogun state Commissioner ... Read More »

Boko Haram Scares Julius Berger out of North

Julius Berger Nigeria Plc., has disclosed that it has suspended its operations in Northern Nigeria due to the security challenges. Managing Director of the company, Engineer Wolfing Goetsch, stated this in Abuja at its 42nd Annual General meeting, held at the Shehu Musa Yar’ Adua Centre. The Chairman of the company, Nurudeen Imam (Retd.), in his address, said that Julius ... Read More »

Killer Salt In Sapele

A killer salt is now in circulation in Sapele market, Sapele Local Government Area of Delta State and unless an urgent intervention is put in place the lives of buyers and consumers of the product may be jeopardy. The killer salt was discovered, weekend in Sapele, when a major newspaper marketer and popular vendor  Mrs. Patricia Kogoro,  who briefed Saturday ... Read More »

NCAA suspends Air Nigeria •Over alleged financial distress

THE Federal Government, on Thursday, wielded the big stick by suspending the operations of Air Nigeria, over allegations that the airline is in financial distress. The Nigeria Civil Aviation Authority (NCAA) carried out the suspension, after investigations carried out showed that the carrier was in financial crisis. The development came even as the airline management, through its spokesman, Sam Ogbo-goro, ... Read More »

Starcomms Chairman detained overnight, released by the EFCC

Chief Lababidi, Chairman of the Board of Directors and founder of Starcomms Plc was detained yesterday by the Economic and financial crimes commission (EFCC) in furtherance of their investigation into the Stanbic IBTC and Chapel Hill Denham led 2008 offer to the public. As at the time of filing this report, it is understood that the commission appears keen on ... Read More »

Arik Airline cancels Gombe flight over technical fault

  The management of Arik Airline on Tuesday cancelled its scheduled flight from Abuja to Gombe due to what it described as `technical fault.’ “In order not to risk the lives of people, we decided to cancel the flight, but hopefully, we shall board tomorrow, some of the passengers have agreed to wait till tomorrow.” One of the airline’s officials, ... Read More »

RUMPUS IN STB-MCCANN GROUP, AFFECTS AAAN 2012 AGM/CONGRESS

The STB-McCann group, one the nation’s advertising group of companies led by Sir Steve Omojafor as Chairman is currently facing one of the most challenging times in the group’s about two decades of operation in the industry. The group comprises of STB-McCann Advertising, a full service creative agency with Mr. Rufai Ladipo as the Managing Director and Universal McCann, a ... Read More »

Spring Bank Loses Staff to Stroke

There are some stories that melts the heart..This is one of them..This lady is Oge Onwubuya Anakwe,a staff of Spring Bank ,Okota Branch,Oge has been sick for months,she had stroke which paralysed one of her side.Her state couldn’t allow her conceive for her husband..She has battled this illness for a while..Guess what ,Oge finally gave up the ghost last week..I ... Read More »