To mark the International Women’s Day, IWD, on Sunday, March 8, the Public Affairs Section of the United States Consulate General in Lagos, in collaboration with Access Bank Plc and Idea Builders Initiative, launched the 2015 International Women’s Month on Thursday, March 5 with films, a panel discussion and a theatrical performance. This was aimed…
Former Fidelity Bank Staff Remanded Over N25m Fraud
Friday Yahaya, a former staff of Fidelity Bank Plc has been remanded in Ikoyi prisons, Lagos, for allegedly converting the sum of N25,350,000 belonging to the bank’s depositors to his personal use. The former marketing staff of the Bank at Balogun Business Association branch, Trade Fair Complex, Lagos State was arraigned before Justice Lawal Akapo…
Eaton Set To Partner Lagos on Power
In a bid to provide consistent power supply to most public buildings in the state, Eaton, a United State, US-based power Management Company, is set to partner the Lagos State government with solutions that would develop the sector. Accepting the offer, Olusola Oworu, Lagos commissioner for commerce & industry, explained that the state led by…
MTN, INEC Inaugurate Mobile Platform for Voter Education
MTN Nigeria Communications Limited, the Independent National Electoral Commission and the National Orientation Agency inaugurated a mobile application to educate consumers on voter education issues on January 30. At the inauguration, the 2015 BetterMe app by MTN Nigeria was described as innovative and a milestone in voter education and engagement towards enhancing and deepening Nigeria’s…
Adamawa State Partners JOF to Grow Sugarcane
Operators in the agriculture/Agro allied industry in Adamawa State would soon witness a turnaround as the state government recently embarked on a public-private partnership to develop the sector. Despite the insecurity situation in the North-Eastern states of Nigeria, the state through Bala Ngilari, its governor, is relentlessly pursuing her quest to transform the industry as…
Shell Compensates Bodo Residents for Oil Spills
The management of Shell Nigeria has compensated residents of Bodo, a community in Niger Delta with the sum of 55 million Euros over oil spills that destroyed thousands of livelihoods in the area. Audrey Gaughran, director, global issues, Amnesty International and the Centre for Environment, Human Rights and Development, explained that a court order, which…
Ostra Halls and Hotel Renovates Facility
Frequent renovation of facilities is key to success in the hospitality industry. To upgrade its facilities and offer greater services to its teeming patrons, the management of Ostra Halls and Hotel, Alausa Ikeja, Lagos, has given its rooms, halls and restaurant uplift. The renovation, which is worth several millions of naira, has raised the bar…
SecureID Lauds BOI Support
The management of SecureID, an indigenous smart card manufacturer, led by Kofo Akinkugbe, its managing director, has applauded the efforts of the Bank of Industry, BOI, in providing lifeline for enterprises in the real sector to grow the Nigerian economy. Without the N1.1 billion facility granted by the bank, Akinkugbe said the company won’t be…
BOI Partners Banks to Offer Lifelines to SMEs
Operators in the Small and Medium scale Enterprises, SMEs, sector can now heave a sigh of relief. They would soon receive a major boost as the Bank of Industry, BOI, partners 10 banks to provide funds to tackle their increasing challenges. The financial institutions are Access Bank Plc, Diamond Bank Plc, Ecobank Nigeria Limited, Fidelity…
Row over Access Bank Offer
The Securities and Exchange Commission launches an investigation into the technical suspension imposed by the Nigerian Stock Exchange on Access Bank shares, amidst reactions by stakeholders The confusion generated by the actions of the Securities and Exchange Commission, SEC, and the Nigerian Stock Exchange, NSE, over the shares of Access Bank may take a toll…