Category Archives: BUSINESS

ZENITH BANK REAFFIRMS MARKET LEADERSHIP AS PAT CROSSES N200BILLION MARK

ZENITH BANK REAFFIRMS MARKET LEADERSHIP AS PAT CROSSES N200BILLION MARK In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after tax (PAT) of

Brand War! Pepsi Manufacturers, Makers Of Bigi Drink Meet Senate Committee In Abuja Over Cola Battle

The Senate on Tuesday began the process of resolving the competition crisis between two soft drinks manufacturers, Messrs 7-Up Bottling Company, makers of Pepsi; and Rites Foods Limited, makers of Bigi brands. The Senate took the decision when representatives of

Fidson Healthcare In trouble Over Seizure of Certificate of Ex-Worker

Justice Abiola Adewemimo of the Benin Judicial Division of the National Industrial Court of Nigeria has ordered Fidson Healthcare Plc to pay the sum of N4 million to its former employee, Mr Obateru Olufemi Abidemi, for illegally withholding his first

WEMA BANK MD, OTHERS IN TROUBLE, RISK JAIL TERMS FOR CONTEMPT

Justice Chukwujekwu Aneke of the Federal High Court, Lagos, Nigeria has ordered that Wema Bank Plc and its six officials cited for contempt for disobeying the order of the court should appear before the court on Monday 17 February 2020 to

Zenith Bank Promotes Women Empowerment With Z-Woman

Nigeria’s leading financial institution, Zenith Bank Plc has introduced a new product, Z-Woman, which is focused on empowering female business owners. Z-Woman account holders stand a chance to enjoy loans of up to N10 million at a single-digit interest rate,

N156Million Breach of Contract Lands Heritage Bank in trouble

...As International Company Drags Bank to Court In a bid to seek redress in a breach of contract business, a Swedish company FSA FORTEX AB has dragged Heritage bank Plc before a Federal high court sitting in Lagos south west

ZENITH BANK EMPOWERS NIGERIAN SMES, PARTNERS FACEBOOK ON SME DIGITAL WORKSHOP

Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the ‘Zenith Bank SME Digital Workshop’ to provide free digital training for business owners. The initiative,

Nigerian Access Bank Breaks Into Cameroonian Market

Nigerian banking group Access Bank just created a subsidiary in Cameroon. With an initial capital of about XAF14.5 billion, the new subsidiary’s headquarters will be in Douala, Cameroon’s economic capital. The administrative board of this subsidiary is constituted of seven

Tribune At 70: Access Bank Honored With Most Improved Bank

Access Bank PLC has once again cemented its position as the leading bank in Nigeria by winning the most improved bank award at the 70th Anniversary of Africa Newspaper of Nigeria (ANN), publishers of the Nigerian Tribune in the capital

Court Urged To Jail Unity Bank CEO Tomi Somefun For Alleged Contempt

The National Industrial Court of Nigeria (NICN) has been asked to commence committal proceedings against the Managing Director/Chief Executive Officer (CEO) of Unity Bank Plc, Mrs. Oluwatomi Somefun, and commit her to prison for allegedly flouting orders made by the