Category Archives: BUSINESS

Wema Bank in trouble As Sacked MD Omoyeni Fightback with N7.2billion Lawsuit Over His Alleged Illegal Removal From office

A Federal High Court sitting in Lagos south west Nigeria has adjourned for continuation of trial, the N7,274,75,000 billion suit instituted against Wema Bank Plc by its former Managing Director Jeremiah Adebisi Omoyeni over his alleged illegal removal from office.

ZENITH BANK RETAINS POSITION AS NIGERIAN’S MOST VALUABLE BANKING BRAND FOR THE THIRD CONSECUTIVE YEAR

Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500 Banking Brands 2020. For the third consecutive year, Zenith Bank has been ranked as

International Women’s Day: Peterside’s Strategy Lessons for Women And Successful Businesses

In management and in life, a picture always speaks a thousand words. A few months ago, a curious photograph surfaced online. It was posted by the veteran investment banker himself to celebrate the institution he built. In the past four

GTBank Releases 2019 Full Year Audited Results, Reports Profit Before Tax of ₦231.7 Billion

Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2019, to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position

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