Category: Business

Messy Details Of Fidelity Bank N11b Fraud

*Gov Obiano, Reginald Ihejiahi Named As Accomplices A former employee of Fidelity Bank Plc has unearthed a fraud allegedly carried out by the present governor of Imo State, Willie Obiano, while he was one of the bank’s directors. Also fingered in the mess is the former Managing Director of the bank, Reginald Ihejiahi. In a…

Brand South Africa Takes Business To Nigeria

The company responsible for creating positive and compelling brand image for South Africa, the Brand South Africa, has identified the Nigerian market as a key focus for its Africa programme. At a breakfast meeting held in Lagos recently, the outfit’s Chief Executive Officer, Miller Matola, disclosed that the choice of Nigeria alongside Angola, DRC, Ghana,…

Skye Bank Dragged To Court Over Multi-Billion Naira Fraud

In recent times, Skye Bank has been in the news for the wrong reasons and it is gradually giving some people the impression that sooner or later, the financial institution would become one of the notorious banks that breed fraudsters, especially if urgent steps are not taken to tackle its dwindling reputation. It would be…

The Central Bank of Nigeria, CBN, has disclosed that from September 1, 2014, withdrawals from the Automated Teller Machines, ATMs, will now attract the sum of N65. This was contained in a statement issued on Wednesday by the Director, Banking and Payment Systems Department, Dipo Fatokun. Fatokun explained that the new charge will only be…

PRRedline Named Outstanding PR Agency Of The Year

Fastest growing Public Relations outfit, PRRedline, has clinched the Outstanding PR Company of the Year award at the just concluded 5th Classic Africa Merit Award, CAMA, 2014, packaged by Classic International Magazine, one of Nigeria’s celebrity journals with diverse readership profile. The ceremony took place at the prestigious 10 Degrees Events Centre in Ikeja, Lagos,…

Ekiti Varsity Wins FCMB Enactus Nigeria National Competition

A winner has emerged in the 2014 edition of Enactus Nigeria National Competition, which is sponsored by First City Monument Bank, FCMB. The contest is for tertiary institutions in Nigeria. This year’s competition, with the theme, ‘See Possibilities’, was held in Lagos from July 15 to 18, 2014 and contestants from 35 universities and polytechnics…