Category Archives: BUSINESS

67-year-old Hacks First Bank Account, Steals N16.2M

Nigerian Woman Hacks First Bank Account, Steals N16.2 Million 67-year-old woman has been arraigned before the Lagos State Magistrate Court at Igbosere, Lagos, for allegedly hacking into a First Bank Plc account and stealing N16.2million. The woman, Wuraola Folashade Oluloye,

Heritage Bank’s N2bn Loan Boost Triton’s Frozen Foods Export to Europe, Africa Countries

Barely two years Heritage Bank and the Central Bank of Nigeria (CBN) disbursed a loan for building a N2illion processing facility for Triton fish/chicken in Oyo state, the firm has commenced export of all kinds of frozen foods to some

Heritage Bank Gets CIBN Nod on Established Academy, trains 300 New Intakes

In line with its commitment to ensure greater efficiency and boost its workforce, Heritage Bank Plc has received a nod from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute, with

Court: Honeywell Not Indebted to Ecobank

Ecobank and Honeywell Flour Mills Plc

A Federal High Court sitting in Lagos yesterday held  that Honeywell Flour Mills Plc and its sister companies, Anchorage Leisures Limited and Siloam Global Limited were no longer indebted to Ecobank Nigeria Limited. In a swift reaction, Ecobank disagreed with the

Heritage Bank Empowers ‘HB Lab’ Tech Start-Ups’ Winners with $40,000 Grants

Heritage Bank

As part of its efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa, Heritage Bank Plc, Nigeria’s most innovative banking service provider has doled out $40, 000 grants to winners of

Changemakers: Segun Agbaje, Building A Great African Institution Through Digital Transformation

By Steve Coomber When is a bank not a bank? That is a question Segun Agbaje, the multiple award-winning CEO and Managing Director of Nigeria’s Guaranty Trust Bank (GTBank) has been getting to grips with as he forges a new

Zenith Bank Makes History With Audit Of Green House Gas Emission, Compliance Using Internationally Recognised ‘’GHG Protocol’’

Zenith Bank Plc was presented with a Certificate for Greenhouse Gas Auditing by V4 Advisors after a successful completion of the Bank’s Greenhouse Gas Audit for the 2018 Financial Year. The presentation of the certificate and the report of the

Malaysian Arraigned for Attempting to Defraud Polaris Bank of €250m

The Economic and Financial Crimes Commission, on Wednesday, arraigned a Malaysian, Tan Richard, before a Lagos State Special Offences Court in Ikeja for allegedly attempting to defraud Polaris Bank of €250m. Richard was arraigned alongside his company, Coastal Asia Investments

NSE Fines Union Bank, Afromedia N.6m

Two companies trading their shares on the floor of the Nigerian Stock Exchange (NSE), Union Bank of Nigeria Plc and Afromedia Plc, have been fined by the management of the exchange. A regulatory document sighted by Business Post at the

Zenith Bank Welcome St Saviours Students Who Made History At COBIS Music Competition In Netherlands

The students of St.Saviours School Ikoyi who made history at the COBIS music competitions in the Netherlands are back. The students who competed at the rated event on behalf of the school won the first prize in Choir Vocal Ensemble