nTel, the latest player in Nigeria’s telecoms business, announced on Friday that it has commenced its phased and commercial operations in two cities; Lagos and Abuja. The company recently acquired NITEL from the Federal Government and it is set to give four other operators already in the market; Glo, MTN, Etisalat and Airtel, a run…
One of the highly diversified financial services providers in Nigeria, Fidelity Bank Plc, which is determined to provide cutting-edge, round-the-clock banking services to its teeming customers, has announced the upgrade of its mobile-based banking application, Fidelity Online Banking app. This was made known in a statement from the bank recently. The much improved software application…
The shareholders of Zenith Bank Plc have commended the Board of Directors for an impressive financial year ended December 31, 2015, as they approved a total dividend of N56.5 billion for the period. The Shareholders Group said despite the challenges in the environment and the harsh economy witnessed in the country, the bank posted an…
jkk Ecobank Nigeria Limited has urged the Supreme Court to set aside a Court of Appeal verdict on its winding-up petition against Honeywell Flour Mills Plc over an alleged 3.5billion debt. Justice Mohammed Yunusa of the Federal High Court in Lagos last December 4 froze Honeywell’s accounts following an application by Ecobank’s lawyer, Mr. Kunle…
Olam Nigeria has disclosed that no human fatality was recorded in the inferno that broke out in its factory on Friday afternoon. The company, in a statement issued by its Head, Corporate and Government Relations, Ade Adefeko, said the company’s in-house fire and safety procedures were able to get its employees to safety, which was…
A brand new channel has been launched exclusively on DStv and GOtv. The new channel, Discovery Family, will showcase the best in fun, edutainment programming for the whole family. According to information made available to Aproko247, Discovery Family was launched on DStv channel 136 in Africa on Thursday, March 31, 2016, replacing Discovery World (DStv…
One of the leading banks in Nigeria and Africa, Union Bank Plc, has unveiled two more improved branches in Lagos with new technology and superior product offerings. This is in line with its resolve to ensure and exceed customer satisfaction. Customers of Union Bank have been praising the financial institution for its improved services and technology,…
Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost investment conglomerate has announced its audited 2015 Financial Results. The Group posted a profit before tax of N3.3bn for the period under review. Transcorp Group Operating Profit went up by 11% from N14bn in 2014 FY to N15bn. Its posted turnover of N40.8bn and profit before tax…
A Court of Appeal in Lagos has directed Chief Judge of the Federal High Court, Justice Ibrahim Auta, to re-assign a winding-up petition by Ecobank Nigeria Limited against Honeywell Flour Mills Plc. Justice Abimbola Obaseki-Adejumo said justice demands that both sides must be heard. She made no order as to cost. The justice upheld an…
As a way of appreciating those who have helped in making their products readily available across the country and encouraging them to do more, Nigerian-German Chemicals, manufacturers of popular drugs such as Benylin, Abidec and Daga, rewarded its distributors in a National Mega Splash Promo. Staged in the hub of pharmaceutical activities in Idumota, Lagos,…