Information reaching this newspaper revealed that the Economic and Financial Crimes Commission (EFCC) is currently quizzing some officials of Sterling Bank Plc and Kwara State Government following an alleged N1 billion cash withdrawals by the latter from an account domiciled with the bank. According to investigations, the money which was withdrawn at Sterling Bank’s Post…
NOVA Merchant Bank Limited has declared a profit after tax of N1.15 billion for the year ended 31st of December 2018, a significant increase from N510.6 million achieved in 2017, marking a 125% increase. The result is achieved as it begins to reap the benefits of its investments in its operations, technology and people. The…
As the world celebrates this year’s International Women’s Day, Heritage Bank Plc stated that making female empowerment central to organisation’s business strategies is not only critical to growth, but to building a sustainable and flourishing global economy. Speaking on the International Women’s Day 2019 campaign theme, “Balance-for Better,” the MD/CEO of Heritage Bank, Ifie Sekibo,…
Nigerian politicians are mostly different from their counterparts almost everywhere else in the world where true democracy thrives. They mostly carry along with them, in their every day dealings, the toga of poor performance or, for want of the right phrase, extreme non-performance. It thus becomes, most times, odd to see or hear that a…
Energias de Portugal, which ranks among Europe’s major electricity operators, and is one of Portugal’s largest business groups has completed a strategic investment in the Israel- and US-based cybersecurity company Sepio Systems. EDP is a vertically integrated utility company that has electricity, gas and renewable energy operations in 16 countries and EDP Renewables is the…
Africa’s leading e-commerce platform, Jumia, has signed an important partnership with technology leader Xiaomi at the Mobile World Congress in Barcelona, giving millions of users in Africa easy access to Xiaomi products. Through the partnership, Jumia will open the Mi official store on its platform and give Xiaomi access to millions of online customers across…
Digital payment has evolved beyond what happened in the past. Before its revolution, Nigerians had to carry cash around to pay for transactions, buy airtime, or even pay for DSTV subscriptions. Today, businesses and consumers have embraced technology to satisfy consumer demands to do things more efficiently, and with less time. According to the latest…
Nigeria’s huge population and profitable politics make the struggle to occupy public office intense. Many do wrongs to have their way and the incumbents hardly retire. After spending their constitutionally allowed two terms, some power obsessed governors simply retire into the Senate, where members are allowed to spend limitless term. Governors use the Senate as…
John Doe ordered a washing machine on Tuesday on the XYZ online store. The available information on the website is that it will be delivered in 2 to 3 days. It is now Friday and Doe is yet to receive his order. He contacted XYZ online store on both Twitter and phone but did not…
There is no gainsaying that Nigeria is endowed with lush green vegetation, faux and fauna, awesome tourist attractions, historical monuments and much more. Each Nigerian state has something to offer tourists. The interesting thing here is that Nigerians have recognized this fact and are beginning to tour Nigeria. Efforts by Jumia’s hotel and flight marketplace through…