Category: National/Politics

EFCC Grills Sterling Bank, Kwara Govt Officials Over N1 billion

Information reaching this newspaper revealed that the Economic and Financial Crimes Commission (EFCC) is currently quizzing some officials of Sterling Bank Plc and Kwara State Government following an alleged N1 billion cash withdrawals by the latter from an account domiciled with the bank. According to investigations, the money which was withdrawn at Sterling Bank’s Post…

Female Empowerment Central To Sustainable Economic Growth—Heritage Bank

As the world celebrates this year’s International Women’s Day, Heritage Bank Plc stated that making female empowerment central to organisation’s business strategies is not only critical to growth, but to building a sustainable and flourishing global economy. Speaking on the International Women’s Day 2019 campaign theme, “Balance-for Better,” the MD/CEO of Heritage Bank, Ifie Sekibo,…

EDP Seals Strategic Investment Deal With Sepio Systems

Energias de Portugal, which ranks among Europe’s major electricity operators, and is one of Portugal’s largest business groups has completed a strategic investment in the Israel- and US-based cybersecurity company Sepio Systems. EDP is a vertically integrated utility company that has electricity, gas and renewable energy operations in 16 countries and EDP Renewables is the…

Jumia, Xiaomi to Drive Smartphone Penetration in Africa

Africa’s leading e-commerce platform, Jumia, has signed an important partnership with technology leader Xiaomi at the Mobile World Congress in Barcelona, giving millions of users in Africa easy access to Xiaomi products. Through the partnership, Jumia will open the Mi official store on its platform and give Xiaomi access to millions of online customers across…

Lagos Speaker Congratulates Sanwoolu

Speaker of the Lagos State House of Assembly and Chairman of Conference of Speakers of State Legislatures of Nigeria, Mudashiru Obasa, has sent a message of congratulations to the state Governor-elect, Babajide Olusola Sanwo-Olu and his Deputy, Dr Kadri Obafemi Hamzat on their victory at the just concluded governorship election in the state. The Lagos…

Golden State Warriors’ Andre Iguodala Joins Jumia Board of Directors

Andre Iguodala, a member of the three-time reigning NBA champion Golden State Warriors, has joined the Board of Directors of Jumia, the leading e-commerce platform in Africa. As Jumia’s ambassador charged with promoting business development and technology in Africa, Iguodala will bring his network in the technology industry, interest in Africa and vast experience as an…