After a fulfilling and rewarding business relationship in 2015, brewing giant, Nigerian Breweries over the weekend in Lagos, rewarded its distributors and trade partners spread across the country. Hubert Eze, the company’s Sale Director who thanked the trade partners for staying with the company, explained that the award, which was preceded by a Distributors Business…
Category: Business
Waheed Olagunju’s Emergence As BOI Director Excites Industry Watchers
The elevation of Waheed Olagunju, the erstwhile Executive Director, Small and Medium Enterprises of Nigerian Bank of Industry (BOI) to the position of Acting Managing Direction/Chief Executive Officer in the aftermath of the sacking of several Heads of parastatals and government agencies that saw the exit of Rasheed Adejare Olaoluwa from the Bank as its…
Uber Offers Free Rides To UBA Customers
Uber and UBA have announced a partnership which offers UBA cardholders up to N6,000 worth of free Uber rides from now until March 31, 2016. UBA cardholders who sign up for Uber will get up to N3,000 off each of their first two rides. To get this offer, a customer needs to sign up with…
UBA Appoints Kennedy Uzoka As Group Managing Director
At a meeting held at UBA House, the UBA Group Board today approved the appointment of Kennedy Uzoka as the new Group Managing Director, with effect from August 1st, 2016 and subject to the approval of the Central Bank of Nigeria. Uzoka succeeds Phillips Oduoza, who retires on July 31, 2016, after two terms of…
Ecobank Repositions For Improved Efficiency
Indications have emerged that the recent re-alignment that affected some senior staff at Ecobank Nigeria was in furtherance of a market repositioning exercise designed to strengthen the bank’s business across all markets where it operates. Market feelers indicate that for a banking group that grossed over N315 billion in revenue and over N78billion in pre-tax…
Shobo To Speak On Financial Inclusion
Deputy Managing Director of First Bank, Gbenga Shobo, will be speaking on the potentials of financial inclusion in growing the informal sector. He will be speaking on the theme: Financial Inclusion: Unleashing the Potential in the Informal Sector, during the first day of a plenary session of the “Banks of the Future in Africa” conference,…
Ecobank Rewards 300 Staff With Promotions
The management of Ecobank Nigeria Limited has announced the promotion of about 300 top performing staff. The promotion exercise which affected about 10 per cent of the employees is in line with the bank’s commitment to recognizing and rewarding excellence and exceptional performance. The promoted staff cut across all cadres of the workforce. Also, few…
Speculators Lament As Naira Strengthens To 310/$
These are definitely not the best of times for foreign currency speculators, who launched an unprecedented attack against the Naira in the last two weeks. The reason for this is because what they projected to continue to happen to the Naira boomeranged and they got their fingers burnt on Tuesday when the nation’s currency staged…
DSTV Slashes Price Of Explora Decoder
Leading pay-TV platform in Africa, DSTV, has announced reduction in the price of its Explora and Zapper decoders. Managing Director of MultiChoice Nigeria, the parent company of DSTV, John Ugbe, explained that the company decided to give out this gesture and others because our “key priorities is to put our subscribers’ needs at the heart…
DSTV Agrees To Compensate Subscribers
dstv This news will definitely excite millions of subscribers of the popular pay television in Nigeria, DSTV, as the company has agreed to obey a recent order by the Consumer Protection Council, CPC, to compensate its subscribers and provide toll-free lines to them. The compensation, according to the CPC, was said to be effected within…