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.…
Category: Business
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…
GTBank Emerges 2014 Product Leadership Winner
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…
Diamond Bank Sponsors VVF Surgeries, Donates Equipment To Fistula Centres
Diamond Bank Plc, as part of its Corporate Social Responsibility, CSR, has invested in the health sector in a bid to promote the wellbeing of women in Nigeria. The leading retail bank in Africa will be sponsoring the medical surgeries of 15 young Nigerian women suffering from Vesico Vagina Fistula, VVF. This initiative is in…
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…
Panic As Fraud Rocks First Bank, EFCC Wades In
Financial institutions are meant to be a place where monies belonging to their customers are kept, but with the rate of frauds being perpetrated by employees of these institutions, some bank customers have continued to sleep with their eyes wide opened. One of such banks that fraudulent activities go on is First Bank Plc. Aproko247…
ATM Withdrawal Charges Re-introduced
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…