Category: Business

N3b YIEDP: Heritage Bank Shortlists Over 1500

Heritage Bank’s partnership with the Central Bank of Nigeria, CBN, in the N3billion Youth Innovative Entrepreneurship Development Programme, YIEDP, to empower young graduates has kicked into its second phase with the invitation of over 1500 applicants for a training workshop this week. Following the inauguration of the initiative by the CBN and the subsequent launch…

N14m Fraud: Ecobank Hands Over Manager To Police

The management of Ecobank Nigeria has facilitated the arrest of the operational manager of its Ejigbo branch, Akhanenu Ikechukwu, 41, for allegedly withdrawing N14,014.157 from the account of two customers of the bank without authority. The accused was handed over to the Nigerian Police at the Ikoyi Division Lagos. The police also established that the…

Anxiety, Excitement Characterize 2016 Promasidor Quill Awards

The 2016 edition of the prestigious journalists awards ‘Promasidor Quill Awards’ was characterized by  anxiety, excitement and mixed feelings as reporters from different newspapers trooped to Sheraton Hotels and Towers, Ikeja, Lagos, venue of the event penultimate Friday. Apart from the fact that each nominee for the seven categories of the annual awards was full…

Peak Milk, Hollandia Milk Brand War Thickens

A brand war is on between the producers of Peak Milk and Hollandia Evaporated Milk, www.theoctopusnew.com reports. The war, which has now gone into a full blown media crisis between the brands, did not start today, as it has been brewing underground for a long while. According to the reputable online media platform, talks of…

Nigerians Slam Arik Air For Poor Customer Service

The management and staff of Arik Air have been lambasted for allegedly having poor customer relations. This followed the company’s reaction to a horrible experience shared by popular artiste, Nikki Laoye, when she flew the airline recently. One of the commentators said Arik Air using social media to respond to the issue was totally unprofessional.…

Chevron’s Commitment To Wildlife Protection

The World Environment Day (WED) is celebrated globally each year on June 5 to stimulate awareness of the environment and encourage political attention and action. According to the United Nations, WED aims to give a human perspective to environmental issues; empower people to become active agents of sustainable development and advocate multi-stakeholder partnerships in support…

Skye Bank Dares FG, Fires 200 Staff

Last week, the Federal Government directed banks and other financial institutions in Nigeria to suspend the downsizing of their workforce. This decision, as explained by the Minister of Labour and Productivity, Chris Ngige, was taken due to series of petitions before the government on the issue. He ordered that the retrenchment exercise by the banks…

BAT Wants Effective Enforcement of Tobacco Control Act

The Tobacco Control Act, which was passed by the 7th Parliament and signed into Law in 2015, seeks to bring order into the manufacture, promotion and distribution of tobacco products in Nigeria. Speaking on the enforcement of the TCA almost one year after its enactment, Freddy Messanvi, Director, Legal and External Affairs Director, BAT West…