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Latest News 3 drown in Lagos while fleeing arrest by FSARS Boko Haram war just starting — Shekau 2023: Tinubu’s Presidential campaign office opens Girl, 12, serially raped by pastor, native doctor, neighbour gives birth in Edo hospital Robbers behead Police sergeant, security personnel Sanwo-Olu declares emergency on Lagos roads Insecurity: 45 killed, 13 kidnapped in deadly attacks across Nigeria last week Army conducts promotion exams for 141 soldiers Minister decries Unity Schools’ ‘skewed’ admission policy How our lawyer strayed into Justice AbdulMalik’s home — EFCC FG, KAS Prints, Canon partner to empower Nigerian youths Edo APC crisis: Oshiomhole, Obaseki’s loyalists allege attack on members

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (550,249 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (447,068 views) Shameless Genevieve Nnaji exposes breasts in public (394,488 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (330,185 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (298,685 views) 10 cars more expensive than Jets (262,477 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (255,901 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (253,135 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (234,594 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (220,712 views) Lagos plane crash: Journalist releases victims’ names (198,358 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (195,616 views)

 

Thomas Cook collapse shakes Spain’s tourist industry

Thomas Cook collapse shakes Spain’s tourist industry “We have the hotels here, open and waiting – but the customers can’t get here,” says Ramón Estalella, head of Spain’s leading hotelier association. The sudden collapse last month of one of Europe's biggest travel groups, Thomas Cook, ruined the holidays of 600,000 stranded tourists. Hundreds of thousands more had trips...... more

FG inaugurates automated centre to deepen oil sector transparency

FG inaugurates automated centre to deepen oil sector transparency The Federal Government has unveiled the Automated Downstream Operations and Financial Monitoring Centre (DOFMC) to deepen transparency in the oil and gas sector. The Minister of state for Petroleum Resources, Chief Timipre Sylva, disclosed in a statement by the acting spokesman for the Nigerian National Petroleum Corporation Mr. Samson Makoji, in...... more

UBA promises to put customers’ needs first as it holds 2019 Forum in Lagos

UBA promises to put customers’ needs first as it holds 2019 Forum in Lagos Pan African Financial Services Institution, United Bank for Africa(UBA) has again reiterated its commitment to surpass the expectations of its customers through the provision of products and services that meet their needs. The Bank made this promise at a special Customer Forum to mark the 2019 edition of the Customer’s Service...... more

Uber launches boat service in Lagos

Uber launches boat service in Lagos Global ride-hailing firm Uber Technologies Inc on Friday launched a pilot test of a boat service in Nigeria’s commercial capital Lagos to attract commuters seeking to avoid the megacity’s notoriously congested roads. The United Nations predicts that Nigeria’s population will more than double to 400 million by 2050, which would make...... more

Africa’s biggest insurer expands footprint as rivals scale back

Africa’s biggest insurer expands footprint as rivals scale back Africa’s largest insurer is getting breathing room to build on its biggest-ever acquisition and expand existing operations as rivals scale back on the continent and its main competitor squabbles with its fired CEO. Sanlam in 2018 spent about $1.1bn to buy all of Casablanca-based Saham Finances and gain a footprint in...... more

First Bank celebrates 2019 customer service week, underscores the impact of customer service through its 125 years

First Bank celebrates 2019 customer service week, underscores the impact of customer service through its 125 years Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, has joined the rest of the world to celebrate the 2019 Customer Service Week themed “The Magic of Service”. The weeklong event is to be celebrated from 7 – 11 October 2019 across the bank’s over 700 branch networks...... more

Konga ‘Yu Break It, We Fix It’ redefines after-sales support in e-Commerce

Konga ‘Yu Break It, We Fix It’ redefines after-sales support in e-Commerce Foremost e-commerce giant, Konga is giving e-commerce shoppers a lot to smile about with its value-added service – Yu Break It; We Fix It. Specifically, Yu Break It; We Fix It is an after-sales service exclusive to Konga through which customers can repair and fix damaged devices purchased within a particular period. Further making...... more

NNPC to publish details of product supplies — Kyari

NNPC to publish details of product supplies — Kyari The Nigerian National Petroleum Corporation (NNPC) is set to commence the publication of details of its petroleum products supplies. The Group Managing Director of the NNPC, Mallam Mele Kyari, disclosed this on Tuesday while receiving a delegation of the Media Initiative for Transparency in Extractive Industries (MITEI) at the NNPC Towers...... more

UBA celebrates staff, customers at Customer Service Week

UBA celebrates staff, customers at Customer Service Week Pan African Financial services institution, United Bank for Africa, is joining the rest of the world to celebrate the 2019 Customer Service Week, themed, “Magic Happens Here”, with recognitions for staff who have excelled in excellent service delivery. The event which is commemorated all over the world, recognises the importance of...... more

First Bank partners with NESG to host 25th Nigerian Economic Summit

First Bank partners with NESG to host 25th Nigerian Economic Summit As part of its continued commitment to create an enabling environment and opportunities for the promotion of sustainable growth and development of the Nigerian economy, First Bank of Nigeria Limited has partnered with The Nigerian Economic Summit Group (NESG) to host the 25th Nigerian Economic Summit (NES#25), its annual flagship event....... more

Buhari nominates Adesina for re-election as AfDB President

Buhari nominates Adesina for re-election as AfDB President President Muhammadu Buhari has nominated Dr Akinwunmi Adesina for re-election as the President of African Development Bank (AfDB), the News Agency of Nigeria (NAN) reports. Akinwunmi, while speaking at an event in Lagos on Sunday, appreciated Buhari for nominating him for re-election for a second term as president of the bank....... more

Christo Wiese loses status as Shoprite’s largest shareholder

Christo Wiese loses status as Shoprite’s largest shareholder Shoprite founder Christo Wiese is no longer the largest shareholder in the retail giant he established 40 years ago. Shoprite’s just-released 2019 annual report reveals that during the 12 months to end-June 2019 Wiese sold 19-million ordinary Shoprite shares, a report on Monday morning by South Africa’s Business Day said. The paper said...... more

Mr Bigg’s gives customers new experience at Amuwo Odofin (Lagos) store

Mr Bigg’s gives customers new experience at Amuwo Odofin (Lagos) store In its pursuit to reposition Mr Bigg’s, the leading quick service restaurant brand has opened a new state-of-the-art store in Amuwo Odofin. The first of its contemporary restaurant was opened in Northwest Filling station in Victoria Garden City Lekki in July 9, 2019.  Meanwhile, residents of Amuwo Odofin and Festac Town,...... more

Petroleum Ministry wades into Aiteo/Nembe communities face-off, seeks out of court resolution

Petroleum Ministry wades into Aiteo/Nembe communities face-off, seeks out of court resolution The Ministry of Petroleum Resources has intervened in the ongoing litigation by Nembe communities, hosts to Oil Mining Lease (OML 29) due for renewal on June 30, 2019. The Federal High Court sitting in Yenagoa, the Bayelsa State capital, had on June 24, 2019 declined an application to halt the renewal...... more

Transcorp Hotels retains Positive A- (NG) GCR Rating

Transcorp Hotels retains Positive A- (NG) GCR Rating Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owner of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, has retained its national scale ratings at A-(NG) and A2(NG) in the long term and short term respectively, with the outlook accorded as Stable. Concurrently, the...... more

NNPC, Agip sign agreement on 4 oil blocks

NNPC, Agip sign agreement on 4 oil blocks The Nigerian National Petroleum Corporation (NNPC) has signed a novation agreement with Nigerian Agip Oil Company (NAOC) on Oil Mining lease (OML) 60,61,62 and 63. Nigerian Agip Oil Company (NAOC) Limited operates in the Niger Delta, under a joint venture arrangement with NNPC (60 per cent), NAOC (20 per cent), and...... more

Leo Burnett advocates strong people-oriented retail market for Africa

Leo Burnett advocates strong people-oriented retail market for Africa Leo Burnett Lagos, a leading creative advertising firm, has urged brand builders and communicators to discontinue the strategy of building retail across products but people. The Chief Operating Officer of Leo Burnett Lagos, Lekan Lawal, stated this at the recently concluded 2019 Global Africa Forum on Communications (GAFCOMM), held in Kigali...... more

UBA now available on Apple Business Chat

UBA now available on Apple Business Chat The United Bank for Africa (UBA) Plc, on Thursday, announced that the services of its chatbot, Leo, is now available for customers on Apple Business Chat, where its users can communicate directly with businesses using the Messages app on iPhone and iPad. “As a brand focused on providing excellent customer experience,...... more

Huawei debuts phone without Google apps

Huawei debuts phone without Google apps Huawei launched a new flagship smartphone on Thursday but it comes without popular Google apps such as Chrome or YouTube after U.S. sanctions kicked in, limiting its appeal to consumers. The Chinese tech giant’s Mate 30 phone series, including one for new 5G networks, runs on an open source version of...... more

Saudi Arabia begs Iraq for crude after attack

Saudi Arabia begs Iraq for crude after attack Riyadh on Thursday asked Iraq’s national oil marketing company for 20 million barrels of crude to supply the country’s stocks after an attack on Saudi Aramco facilities. The Wall Street Journal reported citing two sources familiar with the matter. According to the journal, Saudi Aramco declined to comment, while Ali Nazar...... more

Oil prices spike after Saudi attack disrupts global supply

Oil prices spike after Saudi attack disrupts global supply As oil prices surged Sunday, President Donald Trump said he had authorised the use of oil from the country’s emergency reserve after Saturday’s attack on Saudi Arabian oil facilities disrupted the global supply of crude. Trump, in a series of tweets, said that he had ordered that oil from the Strategic...... more

CBN pumps $210 million into Forex Market

CBN pumps $210 million into Forex Market The interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, September 10, 2019. Figures obtained from the CBN indicated that authorised dealers in the wholesale segment of the market were offered the sum of...... more

IMF removes age limit for MD position

IMF removes age limit for MD position The International Monetary Fund (IMF) has approved the removal of the age limit for the position of its managing director, paving the way for Kristalina Georgieva to head the multilateral lender. Since 1951, the IMF’s bylaws had prohibited the appointment of a candidate aged 65 or over as managing director. It...... more

Konga under pressure to extend Back-to-School promo

Konga under pressure to extend Back-to-School promo The 2019 edition of Konga Back-to-School, the very successful and widely anticipated annual promotion by e-Commerce giant, ends tomorrow, Friday, September 6, 2019. The promotion has seen thousands of parents, students, knowledge workers and institutions take advantage of the exciting deals on offer. However, a number of shoppers have called on...... more

FMBN to Nigerians: Come and access mortgage to own homes

FMBN to Nigerians: Come and access mortgage to own homes The Federal Mortgage Bank of Nigeria (FMBN), Federal Capital Territory (FCT) branch, has called on Nigerians to access their mortgage products through National Housing Fund (NHF) scheme.Mrs Felicia Aningo, FMBN FCT Coordinator, made the disclosure during an awareness campaign in Abuja on Wednesday.The News Agency of Nigeria (NAN) reports that the...... more

US court rejects Exxon, Shell’s bid to revive $1.8bn Nigerian arbitration award

A U.S. judge on Wednesday rejected Exxon Mobil Corp’s and Royal Dutch Shell Plc’s effort to revive a $1.8 billion arbitration award against Nigeria’s state-run oil company, which stemmed from a dispute over a 1993 contract to extract oil near the African country’s coastline. U.S. District Judge William Pauley in Manhattan...... more

MTN closes shops throughout Nigeria

MTN closes shops throughout Nigeria South Africa owned telecommunications giant, MTN has announced the closure of all its shops in Nigeria. This may not be unconnected with the threat by some Nigerians to reciprocate the Xenophobic attacks on Nigerians in South Africa. The News Agency of Nigeria (NAN) reports that there had been series of attacks...... more

Nigerian Government boycotts World Economic Forum in South Africa

Nigerian Government boycotts World Economic Forum in South Africa The Nigerian Government has pulled out of the ongoing World Economic Forum in Cape Town, South Africa. This was disclosed by Personal Assistant to the President on new media, Mr Bashir Ahmad.  The government pulled out over the fresh xenophobic attacks in the country. Mr Bashir Ahmad in his tweet on Wednesday...... more

Fidelity Bank posts double-digit half-year earnings, profitability growth

Fidelity Bank posts double-digit half-year earnings, profitability growth  Despite the country’s challenging and fiercely competitive business environment, Fidelity Bank Plc delivered a solid financial performance in the first half of 2019, recording double-digit growth in key revenue lines whilst achieving significant traction in digital banking uptake. Details of the audited half-year result for the period ended June 30, 2019,...... more

U.S. company partners CBN, farmers to export cassava to Europe, America

U.S. company partners CBN, farmers to export cassava to Europe, America Shine Bridge Global (SBG) a U.S.-based company, says it is determined to partner with Nigerian agribusinesses and regulatory agencies to improve cassava production and processing in Nigeria. The company which disclosed that it was partnering with the Central Bank of Nigeria (CBN) and other agencies, said that the aim is to...... more

 

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