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Latest News Sowore: Archbishop of Canterbury replies SERAP ReapVille School holds special assembly, elects PTA EXCO BREAKING: Jose Mourinho emerges new Tottenham Manager Bayelsa Guber: Jonathan was used by APC against PDP – Gov. Dickson Trader slams N45m suit on PDP, Saraki, Atiku, others over unauthorised use of photograph for campaign Akwa Ibom Assembly lashes Governor Emmanuel over poor quality roads 21 new kings in Ibadan lose crowns as court quashes case Irate youths machete rape suspect to death MAN, ICAN, oil producers, other stakeholders reject Buhari’s Finance Bill Nigeria loses N450bn annually to poor sanitation — Osinbajo Appeal Court affirms Ihedioha’s victory as Imo Governor Rivers serial killer: Court orders Police to produce second suspect

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (563,961 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,847 views) Shameless Genevieve Nnaji exposes breasts in public (402,125 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (336,623 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (304,166 views) 10 cars more expensive than Jets (282,505 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (259,208 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (257,428 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,963 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (225,349 views) Lagos plane crash: Journalist releases victims’ names (201,774 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,426 views)

 

UBA assures of innovative services to boost trade, financial inclusion in Africa

UBA assures of innovative services to boost trade, financial inclusion in Africa Pan African financial Institution, United Bank for Africa (UBA) Plc, has assured its customers that it is dedicated to facilitating intra African trade and financial inclusion, by providing premium services, through consistent innovation and relentless investment in technology. This, the bank said, is targeted towards spurring financial inclusion on the continent....... more

Shoppers sacrifice sleep to grab mega deals as Konga Yakata goes live

Shoppers sacrifice sleep to grab mega deals as Konga Yakata goes live Thousands of eager shoppers stormed the website of foremost e-Commerce giant, Konga to be among the first to grab the mega deals on offer as Konga Yakata went live by stroke of midnight on Monday, November 11th 2019. Konga Yakata, the much-anticipated Black Africa sales of Nigeria’s retail giant Konga, runs...... more

Hammer, Noel Kojo-Ganson, Akofa Djankui and otherS listed in Inaugural 50 Most Influential CMOs in Ghana

Hammer, Noel Kojo-Ganson, Akofa Djankui and otherS listed in Inaugural 50 Most Influential CMOs in Ghana A comprehensive list chronicling the names of the 50 best minds in the sales and marketing field in Ghana have been announced in the inaugural list of the 50 Most Influential CMOs in Ghana. The list, which is not ranked was compiled by Avance Media, Reset Global People and Afiba Consulting...... more

Konga Yakata kicks off with global Singles’ Day shopping fiesta

Konga Yakata kicks off with global Singles’ Day shopping fiesta All is set for the commencement of the 2019 edition of Konga Yakata, the much-anticipated Black Africa sales of foremost e-commerce giant, Konga. The massive discount sales kick off on Monday, November 11, 2019, a day which coincides with the globally celebrated Singles Day sales popularised by China’s retail giant, Alibaba....... more

UBA partners British Airways to reward loyal customers

UBA partners British Airways to reward loyal customers Pan African financial institution, United Bank for Africa (UBA) Plc, and the global airline, British Airways, have announced a collaboration to reward loyal customers who are cardholders of the bank. The promo which will last for six months from November 2019, will witness UBA customers getting significant discounts when they purchase...... more

Excitement, anticipation as Konga Yakata begins Nov.11

Excitement, anticipation as Konga Yakata begins Nov.11 E-commerce giant, Konga has started generating excitement from shoppers ahead of its much-anticipated Black Africa sales tagged Konga Yakata. Information made available by the management of the e-commerce giant reveals that Konga Yakata will run from November 11 till December 12 2019, with rock-bottom prices, flash sales and huge discounts across...... more

UBA commits to creating superior value for customers, launches self-printing debit card machine at flag-off of 2019 Lagos Int’l Trade Fair

UBA commits to creating superior value for customers, launches self-printing debit card machine at flag-off of 2019 Lagos Int’l Trade Fair Pan African financial institution, United Bank for Africa (UBA) has announced that it is committed to continued investment in cutting edge technology for efficient and improved service delivery to its customers and by extension the business community. The Chief Executive Officer, UBA Africa, Victor Osadolor, made the disclosure during a well-attended...... more

Fidelity Bank celebrates 2019 Compliances & Ethics Week

Fidelity Bank celebrates 2019 Compliances & Ethics Week As part of sustained efforts to promote ethical values and professionalism within the bank, Fidelity Bank Plc, weekend disclosed plans to participate in this year edition of the Corporate Compliance and Ethics Week. Commencing on November 3 and running up until Friday, November 8, the bank has organised series engagement initiatives...... more

Is Konga following Redeemed Church’s strategy in e-commerce market?

Is Konga following Redeemed Church’s strategy in e-commerce market? I see a growing similarity between The Redeemed Christian Church of God (RCCG), one of Nigerian’s biggest Pentecostal churches, and Konga, Nigeria’s foremost composite e-commerce giant in their mode of operations.   In Nigeria today, there is hardly any street where one cannot find a branch of RCCG. The church has become ubiquitous....... more

Konga claims ‘e-Commerce Brand of the Year Award’

Konga claims ‘e-Commerce Brand of the Year Award’ As a reward for its undying innovativeness, ethical business practice, foremost e-commerce giant, Konga has been awarded the E-Commerce Brand of the Year Award. Conferring the award on the e-Commerce giant at the Nigeria Sales Conference, in Enugu, the Managing Director of Maureen George Concept Limited, George Emetuche, described Konga as...... more

FirstBank chiefs visit Ghanaian President, announces $100m recapitalisation of bank’s Ghana operation

FirstBank chiefs visit Ghanaian President, announces $100m recapitalisation of bank’s Ghana operation The Group Board Chairman of FBN Holdings Plc, Dr. Oba Otudeko CFR, and Directors of FBN Holdings, FirstBank of Nigeria Limited and FBNBank Ghana Limited have paid a courtesy call on the President of the Republic of Ghana, Nana Addo Dankwa-Akufo-Addo in Accra. The visit was to show appreciation to the...... more

Dangote refinery to rely on ports, roads for fuel deliveries

Dangote refinery to rely on ports, roads for fuel deliveries Africa’s largest oil refinery will deliver its fuels to Nigerian consumers via roads and sea ports, and will effectively replace all of Nigeria’s fuel imports once fully operational, a company executive said on Tuesday. The 650,000 barrel-per-day Dangote oil refinery is under construction in Lagos, the biggest city in the most...... more

Transcorp records N6.7bn profit after tax in Q3, maintains positive revenue outlook

Transcorp records N6.7bn profit after tax in Q3, maintains positive revenue outlook Transnational Corporation of Nigeria Plc (“Transcorp”), on Tuesday, announced its financial results for the third quarter ended 30 September 2019. Highlights of the result show the Group recorded a Gross revenue of N58.28bn and posted a Profit Before Tax (PBT) of N7.36bn for the period under review. Total Assets increased from...... more

Nigeria has no plans to go to international debt market this year — DMO DG

Nigeria has no plans to go to international debt market this year — DMO DG Nigeria has no plans to tap the international debt market this year due to the time constraints before the end of its budget cycle, the head of the government’s debt office told Reuters on Friday.  The West African country had its last eurobond sale in November, its sixth outing where it...... more

Anticipation rises for iPOWER Week

Anticipation rises for iPOWER Week Excitement and anticipation are on the rise for iPOWER Week, a week-long sales campaign offering best prices on various power products and solutions. iPOWER Week runs from Monday, October 28, until Friday, November 1, 2019. Among the cutting-edge products that have been put together for the promotion are generators, inverters, solar...... more

A love letter to NLNG

A love letter to NLNG Let me confess: I love you and always will. I doubt if I can ever have enough of you. With your credit rating among international financiers better than Nigeria’s, what other choice do I have?  It all started the first time I came into your embrace. It is going to a...... more

Amazon shares tumble as earnings disappoint

Amazon shares tumble as earnings disappoint Amazon.com on Thursday reported its first quarterly profit decline in more than two years, missing analysts’ estimates, amid higher spending to speed package delivery. Shares fell more than 7% in extended trading.  Third-quarter earnings were $4.23 a share, compared with $5.75 in the period a year earlier, the Seattle-based company said...... more

Boeing profit slumps 53 pct as MAX grounding takes heavy toll

Boeing Co reported a 53 per cent drop in quarterly profit on Wednesday as the world’s largest plane maker was hurt by the grounding of its best-selling 737 MAX jets.  The company had a negative free cash flow of 2.89 billion dollars in the quarter, compared with a positive free cash...... more

MTN bows to pressure, suspends USSD charges

MTN bows to pressure, suspends USSD charges MTN Nigeria yesterday confirmed that it has suspended its plan to implement charges around the Unstructured Supplementary Service Data (USSD) code being used for bank transactions. The suspension came on the heels of the directive given by the Minister of Communications, Dr. Isa Pantami, calling on the Nigerian Communications Commission (NCC),...... more

OPEC, allies to mull deeper oil cut amid worries over demand growth

OPEC, allies to mull deeper oil cut amid worries over demand growth OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said.  Saudi Arabia, OPEC’s de facto leader, wants to focus first on boosting adherence to the group’s production-reduction...... more

ANAMMCO bounces back with rugged Dongfeng trucks

ANAMMCO bounces back with rugged Dongfeng trucks The ANAMMCO Ltd, a leading vehicle manufacturing company in Nigeria, has started the manufacture and sale of Dongfeng Trucks meant to stand rugged roads and work-load in Nigeria and entire West Africa. The Sales Manager of the company, Mr Olalekan Sanyaolu, said this during a road show to showcase Dongfeng Trucks...... more

UBA grows net profit by 32.3 pct; gross earnings hit N428.22 billion

UBA grows net profit by 32.3 pct; gross earnings hit N428.22 billion United Bank for Africa Plc, the pan-African financial institution, has announced impressive performance in its unaudited 2019 Third Quarter Financial Results. The results sighted today by News Express show significant growth in Gross Earnings, which rose to N428.22 billion, representing a 14.2 percent increase when compared to N374.8 billion recorded in...... more

Stress test: Banks in secret merger talks •No cause for alarm, say CBN, NDIC as fear grips depositors

Stress test: Banks in secret merger talks •No cause for alarm, say CBN, NDIC as fear grips depositors Merger and acquisition talks are quietly going on in the banking industry, especially among the seven deposit money banks (DMBs) that failed the mandatory stress test on funding adequacy. Sources told Daily Sun that two new generation banks started the talks long before the stress test results were out. “It’s a smart move...... more

SEC probes Lafarge Africa over alleged abuses

SEC probes Lafarge Africa over alleged abuses Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has launched investigations into activities at Lafarge Africa Plc over allegations of poor corporate governance practices and abuses. Documents obtained by The Nation at the weekend indicated that SEC’s investigation was sequel to a petition written by concerned shareholders of the...... more

Afreximbank intervention in maritime sector hits $500m in 3 years

Afreximbank intervention in maritime sector hits $500m in 3 years The African Export Import Bank has said that its intervention in the maritime sector in the last three years includes more than US$500 million facilities for the Onne Port expansion in the Onne FTZ, Nigeria, Gabon, Cote d’Ivoire, vessel finance for delightering, security patrol of offshore platforms, hotels in Cape Verde....... more

First Bank: Towards reviving Nigeria’s textile industry

First Bank: Towards reviving Nigeria’s textile industry For many years, until the early 1980s, the Nigerian textile industry was the highest employer of labour, after the public sector. Sadly, the industry is in dire straits battling for survival in recent times. Among the challenges that confronted the sector were policy inconsistency leading to closure of many textile companies...... more

Samsung admits Galaxy S10 fingerprint access flaw

Samsung admits Galaxy S10 fingerprint access flaw Tech giant Samsung Electronics on Friday acknowledged a major flaw with its fingerprint system that allows other people to open its top-end smartphones, advising users to delete all registered prints. Samsung is the flagship subsidiary of the giant Samsung Group and crucial to South Korea’s economic health. The conglomerate is by...... more

Hundreds benefit from Shell’s free healthcare programme in Opolo, Bayelsa

Hundreds benefit from Shell’s free healthcare programme in Opolo, Bayelsa More than 350 residents of Opolo community in Bayelsa state have so far benefitted from the ongoing three day free health service by the Shell Petroleum Development Company of Nigeria (SPDC). Speaking at the flag-off ceremony at Opolo Community Healthcentre, the General Manager, External Relations, SPDC, Mr. Igo Weli, said that...... more

Access Bank hits over N1bn in digital lending daily

Access Bank hits over N1bn in digital lending daily Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1 billion daily in loan value. According to Victor Etuokwu, Executive Director, Retail Banking, Access Bank Plc, “We are at the forefront of digital lending across the...... more

Transcorp Hotels fulfils post-privatisation obligations

Transcorp Hotels fulfils post-privatisation obligations The National Council on Privatisation (NCP) at its meeting on Monday presented Transcorp Hotels Plc with a Certificate of Discharge, indicating the company has fulfilled all privatisation conditions attached to the sale of the hotel and will no longer be subject to any post-privatisation monitoring. At a ceremony that took place at...... more

 

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