Category: Business

GTBank to Reward Mobile Banking Customers With 100k

Foremost financial Institution, Guaranty Trust Bank, GTBank, has launched the #GTBankMobileWin100k competition to reward its mobile banking customers by availing them a chance to win N100,000 weekly in the mBank January rewards. The competition will run throughout the month of January 2016 and 10 lucky customers will win N100,000 weekly during the period. To participate…

Court Stops MTN Taking Money Abroad

Justice Mohammed Idris of the Federal High Court in Lagos has barred MTN Nigeria Communications Limited from moving any of its funds from all commercial banks in Nigeria abroad pending hearing of its suit challenging the N1.4trillion fine imposed on it by the Nigerian Communication Commission, NCC. The Federal Government, through the NCC, initially imposed…

MTN To Retrain Visafone Staff

**To Roll Out LTE 4G Technology Information reaching us confirms that a good number of Visafone staff will be retrained to have the requisite skills for engaging the new 4G LTE technology. Visafone, a leading CDMA Operator in Nigeria, was recently acquired by telecommunication giants, MTN Nigeria, and the new owners are set to provide…

MoneyGram Launches Instant Account Deposit into Nigerian Banks From Europe

Nigerians can now receive money directly into their bank accounts from Europe within minutes at a very competitive exchange courtesy a new initiative from MoneyGram. The fast money transfer company says it now offers customers in France, Germany, Ireland, Italy and Spain to send money to most personal Nigerian Naira bank accounts within minutes. “This…

New Online Lifestyle Channel, REDTV, Debuts

REDTV, a dynamic online lifestyle channel that puts the spotlight on Africa with a distinct global appeal has been launched. REDTV, a digital online television network, features the very best of entertainment, news, design, travel, fashion, music, sports, comedy and much more. “ REDTV strives to be first and foremost all about the content; and…

Again, GTBank Announced Bank of the Year

Foremost African financial institution; Guaranty Trust Bank plc has once again reaffirmed its position as a leading global brand with its recent recognition as the ‘Bank of the Year’ during the 2015 Banker Awards held in London, United Kingdom. The Banker, a publication of the Financial Times, is the world’s leading monthly journal of records…

BUA Sabotaging Economy For Excessive Profit—FG

Popular local business conglomerate, BUA Group, has been accused by the Federal Government of frustrating its economic policies, which are meant to better the lives of Nigerians. According to the National Sugar Development Council, NSDC, the regulatory body charged to see to the transformation of the sugar industry in the country, claimed some companies especially…

Following the resignation of Senator Udoma Udo Udoma as Chairman of the Board of Directors of Union Bank, Cyril Odu has been announced to take over the position. Udoma resigned following his appointment recently by President Muhammadu Buhari as Minister of Budget and National Planning. Odu joined the Board of Union Bank in 2012 following…