As smartphones are becoming increasingly integrated into our everyday lives, it is essential to choose one that fits your lifestyles and your needs. Every mobile phone brand is trying to stand out from the rest by upgrading their technology and introducing new functions; however, the best way to measure their value is through their performance Read more
Aviation ….Several passengers currently stranded Staff of Arik Air on Monday embarked on industrial action over what it termed ‘poor condition of service’ in the organisation. Several passengers who are billed to board the airline on Monday were left stranded following the commencement of the strike, according to a post shared by a Twitter user, Read more
Suspects dragged to court… Police Special Fraud Unit (PSFU), is currently investigating Guaranty Trust Bank Plc (GTBank) and its managing director, Mr. Segun Agbaje, over alleged $667,000 fraudulent transactions involving the bank, according to reports. Consequently, BusinessLive gathered that the police have dragged the lender and two others before a Federal High Court in Lagos, in a suit marked Read more
All seems not to be over for businessman and CEO of Air Peace, Allen Onyema over fraudulent charges levelled against him as the United States Department of Justice has alleged that billions of naira stolen from the Presidential Amnesty Programme by a former head of the office, Mr. Kingsley Kuku, were transferred to bank accounts Read more
Business Appoints Gbenga Olubiyi Country Manager Company consolidates its businesses across Africa Integrated ICT services provider, Internet Solutions Limited is set to rebrand and operate as Dimension Data by the end of this year in all its operating companies. This is part of Dimension Data’s larger plan to consolidate its businesses, enhance efficiency, and better Read more
Business •Profit up by 22% as gross earnings hit N105.8bn Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance trajectory of recent years, with another set of impressive financial results. Details of the audited half year results, ending June 30, 2020, released on the Nigerian Stock Exchange (NSE) last Read more
Business Zenith Bank Plc has declared gross earnings of N346 billion for the half-year ended June 30, 2020. This is contained in the bank’s audited results presented to the Nigerian Stock Exchange. The gross earnings represent an increase of four per cent when compared with N332 billion posted in the comparative period of 2019. The bank Read more
France’s largest hydrocarbons group Axens has won a contract to license key refinery technologies to one of Nigeria’s leading industrial conglomerates, the BUA Group, according to The Capital NG. For Rabiu, the economics of the project are a ‘no-brainer’: “Nigeria imports 90% of it’s petroleum products. We spend 35% of our foreign exchange on importing Read more
Business Press Release Nestlé has appointed Mauricio Alarcon as new Chief Executive Officer of Nestlé Central and West Africa Ltd, effective September 1, 2020. Mr. Alarcon has a robust and in-depth understanding of Central and West Africa. In 2014, he became Managing Director of Nestlé Côte d’Ivoire where he drove business growth and efficiency. He also headed Read more
Oilbank International has fraudulently used Prince Arthur Eze’s name and presented him as its Chairman. Prince Arthur Eze, Executive Chairman of Atlas Petroleum International and Oranto Petroleum, has categorically denied recent news report of his involvement in a partnership with ADM Energy on the ongoing Marginal Fields Bidding Round in Nigeria. On August 3rd, 2020, Read more
