MTN Set To Acquire Banking Licence In Nigeria -Rob Shuter

The chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019. Speaking at a telecoms conference in Cape Town, South Africa on Tuesday, the MTN CEO said it will put in an application in December and should lunch the bank in second quarter 2019. “We will … Continue reading MTN Set To Acquire Banking Licence In Nigeria -Rob Shuter

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‘I’ll buy another club if Arsenal won’t be sold to me’ – Dangote

Africa's richest man and business mugul, Aliko Dangote, has said he will consider buying another football club if Premiership club Arsenal won't be sold to him. Dangote, who is a fan of the club has been wanting to buy the British club for years. He says he'll make a move only after he has completed one of the … Continue reading ‘I’ll buy another club if Arsenal won’t be sold to me’ – Dangote

AMCON publish list of its top 105 debtors owning N906bn, You won’t believe who top the chart

The Assets Management Corporation of Nigeria (AMCON) has published the names of its top 105 debtors owing a total of N906 billion. In an advertorial published on some National dailies, the group said all avenues to reach the "deliquent" debtors have proved abortive. “This has become necessary as all avenues provided by the corporation for … Continue reading AMCON publish list of its top 105 debtors owning N906bn, You won’t believe who top the chart

Senate orders CBN to stop ATM card charges

The Nigerian Senate In Wednesday, passed a resolution calling on tjhe Central Bank of Nigeria (CBN) to suspend the excessive ATM card maintenance charges being deducted from customers. The resolution came as part of a motion on the illicit and excessive bank charges on customers accounts, sponsored by Senator Olugbenga Ashafa (Lagos East, APC). The … Continue reading Senate orders CBN to stop ATM card charges

BREAKING: Many losses job as Skye Bank’s license withdrawn by CBN Polaris bank takes over

The Central Bank of Nigeria has withdrawn the operating licence of Skye Bank. Umar Ibrahim, chairman of the Nigeria Deposit Insurance Corporation (NDIC), made this known to journalists today Friday September 21st. The former Skye Bank which has been taken over by the Assets Management Corporations of Nigeria (AMCON) will now be known as Polaris … Continue reading BREAKING: Many losses job as Skye Bank’s license withdrawn by CBN Polaris bank takes over

Cristiano Ronaldo Set To Open CR7 Hotel In Paris, That Will Be His Sixth Hotel In The World

The luxury accommodations will be the sixth outpost of the Juventus star’s chain, a co-venture with Portuguese group Pestana. Cristiano Ronaldo has announced he will open the sixth edition of his “CR7” hotel chain in Paris in 2021. Currently the Portuguese superstar has two “CR7” hotels open: one in LIsbon and one in Funchal, his … Continue reading Cristiano Ronaldo Set To Open CR7 Hotel In Paris, That Will Be His Sixth Hotel In The World

Windows 10’s next major update arrives in October

Microsoft is officially unveiling the name for its next major Windows 10 update today. Previously codenamed Redstone 5, the “Windows 10 October 2018 Update” will arrive at some point in October. It will include a number of new features for devices, like a new cloud clipboard that syncs across machines, a dark File Explorer, an … Continue reading Windows 10’s next major update arrives in October

MTN in trouble again as CBN demands refund of $8bn, sanctions 4 banks

The Central Bank of Nigeria (CBN) has imposed sanctions totalling N5.87 billion on four banks for wrongly assisting MTN Nigeria to repatriate funds. The banks allegedly issued irregular certificates of capital importation (CCIs) on behalf of some offshore investors of MTN Nigeria Communications Limited. The affected banks are Standard Chartered Bank, Stanbic-IBTC, Citibank, and Diamond … Continue reading MTN in trouble again as CBN demands refund of $8bn, sanctions 4 banks

President Buhari meets his former classmates, Kano Traders Association other in Daura

On Friday, President Buhari received different Groups at his country home in Daura, Katsina State. President Buhari is captured in these photos with different groups including former classmates, Kano Traders Association, Chairmen of ALGON Katsina State, Members of CAN Katsina Chapter, Representatives of 5 Local Governments in Daura Emirate and Chairman of Good Governance Ambassadors … Continue reading President Buhari meets his former classmates, Kano Traders Association other in Daura

Jeff Bezos Top The Richest Men In The World With $143B

As of Tuesday, according to a Forbes estimate, the Amazon founder and CEO has a net worth of $143.1 billion making him at least $50 billion richer than any other person on Earth.Bezos became the world’s richest man last summer, when his net worth (then around $90 billion) surpassed that of Microsoft founder Bill Gates.Gates, … Continue reading Jeff Bezos Top The Richest Men In The World With $143B

UBA Became the Winner of Best Digital Bank In Africa,

UBA has been crowned best digital bank in Africa in the Euromoney awards for excellence, an award well deserved. UBA collaboration with Mark Zuckerberg’s Facebook has paid off as they were the very first bank in Africa to use artificial intelligence Leo which enables customers do most of the banking via their social media accounts … Continue reading UBA Became the Winner of Best Digital Bank In Africa,

‘I Need A Wife, I Am Not Getting Any Younger At 60’ – Aliko Dangote

Aliko Dangote has revealed that at 61, he is not getting any younger, and he is willing to take on a new wife. Speaking with David Piling in a Financial Times interview, Lunch with FT, the multi-billionaire, who is Africa’s richest man, revealed a soft side of himself and talked tall about his ambitions to … Continue reading ‘I Need A Wife, I Am Not Getting Any Younger At 60’ – Aliko Dangote

The Ecobank Nigeria’s CEO Resign

The CEO of Ecobank Nigeria, Ivorian Mr. Charles Kie, has resigned his appointment. A press release by the Bank yesterday reads: Ecobank Transnational Incorporated, ETI, the Lome-based parent company of the Ecobank Group, today announced that Mr. Charles Kie has formally indicated his intention to leave the Group and consequently his role as Managing Director … Continue reading The Ecobank Nigeria’s CEO Resign

Ford’s Self-driving Vans Are Now Delivering Food In Miami

In Miami US, customers can now place their order with any of 70 participating businesses including restaurants and shopping malls. On a normal day, a delivery worker rings your doorbell and the goods you’ve ordered are handed over to you. But how will a self-driving van without an human intervention deliver a good? To deliver … Continue reading Ford’s Self-driving Vans Are Now Delivering Food In Miami

Dana Air bags Best Company of the Year Award

For its passionate commitment to youth development and investments in health and social projects, Dana Air has been awarded the Best Corporate Social Responsibility (CSR) Company of the year 2017/18, by the National Association of Nigerian Students (NANS). Spokesman for NANS, Mr. Odebunmi Idowu, who presented the award during a courtesy visit to Dana Air’s … Continue reading Dana Air bags Best Company of the Year Award

Microsoft Nigeria, First Bank collaborate to bolster SMEs

Microsoft and First Bank of Nigeria will collaborate to provide small- and medium-sized businesses (SMBs) with an array of resources and support, including business networks, technology services and SMB-targeted products. Through a Memorandum of Understanding (MoU), Microsoft and the financial institution will also focus on increasing technology adoption among small firms, reports said. During the … Continue reading Microsoft Nigeria, First Bank collaborate to bolster SMEs

Nestle To Close Nairobi Office As It Restructures Business In Sub-saharan Africa

Nestle SA, the Swiss transnational food and drink company, has announced plans to close the headquarters of its Equatorial Africa unit in Nairobi, Kenya by the end of July as part of its strategy to restructure its business in Sub-Saharan Africa. Nestle said the Nairobi office, which employs over 100 people has been weighed down … Continue reading Nestle To Close Nairobi Office As It Restructures Business In Sub-saharan Africa

I want to be Africa’s biggest philanthropist – Dangote

Dangote stated this on Wednesday in Lafia while disbursing N130 million micro-grant to 13,000 vulnerable and less privileged women in Nasarawa State. “I do not only want to be known as Africa’s richest man but the biggest philanthropist in Africa. I will continue to use my resources and my voice to help shape a better … Continue reading I want to be Africa’s biggest philanthropist – Dangote

‘Insect milk’ now on sale in South Africa

A South African company has begun selling what it calls “Entomilk,” a special milk made from farmed insects. “Think of Entomilk as a sustainable, nature-friendly, nutritious, lactose free, delicious, guilt-free dairy alternative of the future,” Gourmet Grubb said on its website. According to the company, one of the most pivotal benefits of Entomilk is that … Continue reading ‘Insect milk’ now on sale in South Africa

Nestle shareholders seek bonus issue, approve N21.8bn dividends

SHAREHOLDERS of Nestle Nigeria Plc have called on the Board and management of the company to consider issuing bonus shares to the shareholders at the end of 2018 financial year, even as they approved N21.8 billion final dividend recommended by the directors for the year ended December 31, 2017. Making the appeal at the company’s … Continue reading Nestle shareholders seek bonus issue, approve N21.8bn dividends

Deutsche Bank’s 2017 Awards For Excellence In Cash Management And Trade Finance

Stanbic IBTC Bank PLC has emerged winner of the Gold Prize at the 2017 edition of Deutsche Bank Awards for Excellence in Cash Management and Trade Finance in Nigeria. This is the second time the bank is being awarded as the top performer in this category. The category tagged Straight-Through Processing (STP) Excellence Award has been a feature … Continue reading Deutsche Bank’s 2017 Awards For Excellence In Cash Management And Trade Finance