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,…
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…
Leading investor and Chairman, Heirs Holdings, UBA Plc and founder of the Tony Elumelu Foundation, Tony O. Elumelu has applauded the U.S. House of Representatives for the passage of the ‘Electrify Africa Act,’ which took nearly three years trying to get the measure through both chambers of Congress. The Electrify Africa Act creates a framework…
Mr. Tony Elumelu, Chairman, Heirs Holdings and Founder Tony Elumelu Foundation has called on the United States Congress to pass the ‘Electrify Africa Act’ stating that the passage in to law would make a world of difference in Africa. “When you leave this place call your Representatives and the leadership of the House and ask…
Everyone desires financial success, but that desire must be matched with SMART financial goals to translate to success. Most times, we set financial goals that are self-defeating. The reason why it seems like New Year resolutions to eat healthier or exercise regularly almost always fail by the second month of the year is because most…
The Tony Elumelu Foundation and United Bank for Africa Plc (UBA) partnered with the United States Department of Commerce to host a panel and roundtable discussion between members of the U.S. Presidential Council on Doing Business in Africa (PCDBIA)and a diverse community of African entrepreneurs. The 11 person U.S. delegation, along with representatives of several…
The manufacturing giant, Unilever Nigeria Plc. in a meeting with the Senate President, Dr. Bukola Saraki and a separate meeting with the Minister for Trade and Investment and the Minister for State for Trade and Investment, Prof. Okey Enelamah and Mrs. Aisha Abubakar; revealed its plans to further increase its investment in the country. The…
Global electronic payments company Visa, in partnership with United Bank of Africa Plc (UBA) announces the launch of ‘SmartMoney’, a 21st century banking solution comprising a prepaid card and a mobile app for the African market. The partnership brings together Visa Inc’s trusted payments technology and SmartMoney’s mobile app experience to establish a millennial centric…
As you read this, the Managing Directors of both Citi and Union Banks are running helter skelter to face their faces. This is because a Federal High Court in Lagos has ordered them and 14 others to appear before it to answer criminal charges of fraudulent diversion to the tune of N10.7 billion belonging to…
The Federal High Court in Lagos last Friday struck out a contempt charge filed against Ecobank Nigeria Limited by Honeywell Flour Mills Plc. Justice Mohammed Idris held that the Form 48 and Form 49 (with which contempt proceedings are initiated) were not properly served on the alleged contemnors. The charge had been filed by Honeywell…