Lead Strategist of AbsolutePR, Akonte Ekine, has set matter straight, detailing why the agency vacated their former office space. A respected online news platform reported that AbsolutePR’s office has been sealed and that the office double as Akonte Ekine’s residence. Ekine, who frowned at the write-up, explained that “the office space never double as anyone’s…
Category: Business
CKA: The Noiseless Educational Trail Blazer
The Nigerian academic landscape changed quietly a few years ago with the entrance of a new world-class player: City of Knowledge Academy. This international standard Secondary school which continues to produce outstanding students may indeed be one of the best-kept secrets in the Nigerian education sector today. Did you know that last year, 13-year old…
Facebook Team Visits Natures Gentle Touch
….In recognition of 1.4 million fan base on the platform In a bid to foster relationship and retain brand visibility on the platform, representatives of Facebook, leading social media platform last week visited Nigerian personal style and beauty brand, Natures Gentle Touch, manufactured by Recare Limited to recognize its 1.4 million fan base and enhance…
Nigerian Breweries Posts N293b Revenue in 2015
***Proposes highest ever dividend The Board of Directors of Nigerian Breweries Plc has announced a 10.3 per cent increase in revenue from N266 billion recorded in 2014 to N293 billion in the 2015 financial year. The 2015 audited results filed with The Nigerian Stock Exchange show that the Company’s shareholders would enjoy a total dividend…
GTBank Announces Expiration, Final Tender Results of Offer to Purchase 2016 Notes
Guaranty Trust Bank plc, GTBank, has announced the expiration and final tender results of the any and all cash tender offer with respect to the U.S.$500,000,000 7.50 per cent notes due 2016, which Securities were issued by its wholly owned subsidiary, GTB Finance B.V. and unconditionally and irrevocably guaranteed by the Bank. As the Expiration…
MTN Lands In Another Trouble
Problems battling with telecoms giant in Nigeria, MTN Communications Limited seem to be compounding by the day. While the company is still struggling to pay its fine slammed on it by the Federal Government of Nigeria, and as well as a lawsuit instituted against it by rival organisation, Etisalat over the sale of Visafone, MTN…
Nestle, GSK In Fake Consumer Promo Mess
Two leading Fast Moving Consumer Goods (FMCG) companies in Nigeria, GlaxoSmithKline Nigeria and Nestle Nigeria have found themselves in murky waters of court action as the Federal Government drag both companies before a Federal High Court in Lagos for alleged infringements in the consumer promotions. This has pushed the FG to file criminal charges against…
GTBank Launches Unprecedented, Historic Cash Tender For $500m 7.50% Eurobond
Nigeria’s GTBank yesterday launched a cash tender for its $500,000,000 7.50 percent Eurobond maturing May 2016. This being the first transaction of its kind in Nigeria would boost the financial strength of the banks as well as its commitment to excellence and best practices. In its statement, the bank said the liability management exercise allowed…
Ecobank Hands Over 3 Fraudulent Staff to Police Over Theft From Customer's Account
One of the leading commercial institutions in Nigeria, Ecobank Nigeria, has handed over to the police for prosecution three of its employees found to have stolen a total sum of N2.8 Million from customers’ accounts through forged signatures. The alleged offence was discovered by the Quality Assurance Unit of the bank during weekly reconciliation. Consequently,…
GTBank Announces GTCrea8 Mini Cooper Winner
Foremost financial institution, GTBank has restated its commitment to continue investing in both the academic and social well being on Nigerian university undergraduates, as it unveils the latest Mini Cooper winner, Hassan Jamiu Olawale, who emerged winner of the 3rd Season of the GTCrea8 Mini Cooper giveaway special. At the events draw which held recently…