Category: Business

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…

Leading African Banking Group, Guaranty Trust Bank Plc has been announced as winner of the 2014 Product Leadership Award. The Bank won at the 2014 Frost and Sullivan Excellence In Best Practices Awards Banquet that held on Thursday, October 30, 2014, at the Monte Carlo Bay Hotel & Resort, Monaco, France. GTBank emerged winner of…

Diamond Bank Gets New GMD, As Otti Bows Out

A new Group Managing Director has been appointed for Diamond Bank, Aproko247 has learnt. In a statement made available to us on Friday, it was revealed that Uzoma Dozie will replace Alex Otti, who voluntarily retired as Diamond Bank GMD/CEO. According to the statement signed by Bank’s Corporate Communications Department, Chairman of the Board of…

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…