Category: Business

Diamond Bank Donates Skills Acquisition Materials to Lagos Government

Leading retail bank in Nigeria, Diamond Bank, has donated some equipment to the Lagos State Government in fulfilment of its Employee Volunteering Programme, EVP. The gesture was made to support the State’s skills acquisition programme aimed at providing skills for millions of unemployed and under- employed youths in the State. The Lagos State government has…

Nepotism May Wreck Heritage Bank: How Alibaba’s Wife Influenced Bank To Sponsor Hubby’s Concert

If reports making the rounds are anything to go buy, then one of the financial institutions struggling to match up with the big players in the game in Nigeria, Heritage Bank, may have bitten more than it can chew. According to a report by Theoctopusnews.com, the bank allowed nepotism to take charge in sponsoring a…

The $100 Million Tony Elumelu Foundation Entrepreneurship Programme Opens on January 1, 2015

The $100 Million Tony Elumelu Foundation Entrepreneurship Programme, an annual programme of training, funding and mentoring, designed to empower the next generation of African entrepreneurs, is now open for entries through its application portal http://www.tonyelumelufoundation.org/teep. The flagship entrepreneurship programme from the Tony Elumelu Foundation opens its application portal for entries at 12:01am WAT on January…

Tunde Babalola’s Discovery Air In Financial Crisis, Company May Fold Up

While others in the aviation industry are smiling to the bank, information scooped has revealed that Discovery Airline seems to be falling apart over what insiders tagged as the Airline’s huge debt profile, unprofessional attitude of the egghead among other alleged unwholesome act. Impeccable sources alleged that few days ago, the airlines’ services was disrupted…

Otti Never Used Our Bank Branch As Campaign Office—Diamond Bank

Diamond Bank has reacted to allegations made by an online news blog, The Paradigm, that former GMD/CEO of Diamond Bank, Alex Otti, converted a branch of the reputable bank in Abia State as his political campaign office, and also used customers’ money to fund his campaign. In a press statement issued by the Diamond Bank…

Nigerian Breweries Wins Big At SERA 2014

Four awards were won over the weekend by Nigerian Breweries Plc at a glamorous award ceremony held in Lagos. Nigerian Breweries, a leading brewing company in Nigeria, was rewarded for its tireless Corporate Social Responsibility, CSR, activities in the country. At the 2014 edition of the annual Social Enterprise Report and Awards, SERA, Nigerian Breweries…