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, 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…
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…
Users of the Diamond Bank Mobile App are set for a swell time of rewards as the leading retail bank in Nigeria has finalised plans to launch a new promo tagged ‘A Thousand Reasons of Smiles’. The promo is designed to reward customers as part of the celebrations that characterize the Yuletide season and will…
Women who chose Ruby, a female focused current account offered by pan-African bank, United Bank for Africa (UBA) Plc, will now enjoy more perks as the bank has expanded its list of exclusive partners offering special services to its female account holders. Ruby is a current account offered by UBA exclusively to its female bank…
Names of some customers with bad loans with Unity Bank Plc have been released, Aproko247 has learnt. The Bank explained that this step was taken after the affected persons, 111 in numbers, failed to meet up with the grace given to them by the financial institution to pay up. In a statement issued by the…
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…
A court in Akure has granted a request by the Ondo State Board of Internal Revenue to seal offices of Zenith Bank in Akure and Ondo for refusing to pay tax to the state government. On Monday, November 17, 2014, tax officials from the state stormed the offices of the financial institution and locked them.…
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…