Verve rewards 1,250 customers in ‘Good Life’ Promo

Verve International has rewarded 1,250 customers so far, after its sixth weekly draws in the ongoing Verve ‘Good Life’ promo for Verve cardholders across the country. The lucky 1,250 cardholders’ winnings amount to a total of N11.5 million out of the over N27 million in cash and airtime allotted for over 2,500 cardholders nationwide in the ongoing Verve ‘Good Life’ promo. The Verve Good Life Promo which was initially slated to run from September 1, 2020 till November 29, 2020 has now been extended by two weeks, till December 13,…

Read More

N544m debt: Court dismisses bizman’s suit against Police, Ecobank

Justice Chukwujekwu Joseph Aneke of Lagos Federal High Court, has dismissed a fundamental rights enforcement suit filed by a businessman, Mr. Christian Ifeanyichukwu, against the Inspector-General of Police (IGP); one inspector Samuel Iyucume; Ecobank Nigeria Plc and Eti Specialized Resolution Company Limited (ESRCL). Justice Aneke apart from dismissing Ukata’s suit against the Bank and others, for lacking in merit, also awarded the sum of N200, 000, 00 against him in favour of Ecobank Nigeria Plc and ESRCL. Ukata through his lawyer, C. I. Ugwuanyi, had dragged all the respondents before…

Read More

SV-NED Inc empowers youths with interest free loans, donates motorised wheel chair to crippled engineer

Photo Caption: Chairman of Silicon Valley Nigerian Economic Development, SV-NED, Chief Temitope Ajayi, Mama Diaspora, (3rd right) and members of the Computer and Allied Products Dealers Association, CAPDAN, Computer Village, Lagos led by Mr Jerry Mba, the secretary general, the PRO and Treasurer during the presentation of the motorised wheel chair to Sanni Olarenwaju the crippled computer engineer in Lekki Lagos on Sunday, November 8th. It was a day of celebration and a dream come true for youths in Lekki area of Lagos who were empowered with interest free loans…

Read More

N240b debt: AMCON dismisses reports of ‘out-of-court settlement’ with Pan Ocean Group

The Asset Management Corporation of Nigeria, AMCON has explained that contrary to false news published by some sections of the media, the court is yet to sanction any ‘out-of-court settlement’ with the management of the embattled Pan Ocean Group, an oil and gas company over its indebtedness of N240billion. The huge debt of the company led to its takeover by AMCON sometimes in July. Recall that Hon. Justice A.M. Liman in suit No. FHC/L/CS/722/20 ordered AMCON and its assigned designate to take over several oil mining and oil prospecting licenses…

Read More

Crown Pasta signs popular Kannywood celebrities as brand Ambassadors 

Photo Caption: L–R: Dominic Oluwole Orimogunje, Brand Manager- Pasta (B2C), Crown Flour Mill Ltd; Halima Atete, Queen of Kannywood; Ali Jita, Kannywood Musician; Bola Adeniji, General Manager / Head Marketing (B2C), Crown Flour Mill Ltd; and Charles Babarimisa, Head of Sales (B2C) Crown Flour Mill Ltd, during the signing ceremony of Halima Atete and Ali Jita as the new Brand Ambassadors of Crown Pasta held in Lagos, recently. Crown Pasta, one of the most preferred Pasta brands especially in the northern market, has signed two popular Kannywood celebrities as brand ambassadors. They are popular musician,…

Read More

Alleged N125b fraud: Keystone Bank furnishes Court with documents used by Atuche, Ojo

Keystone Bank Plc, today, furnished Justice Ayikunle Faji, of a Lagos Federal High Court, with the minutes of 38 Board of Director General Meeting held on July 2008, at Victoria Island, Lagos, in compliance to the subpoena issued by the court, in the trial of alleged N125 billion fraud trial of Mr. Francis Atuche and Charles Ojo, who were former managing directors of the defunct, Bank PHB and Spring Bank Plc. Justice Faji had issued a subpoena directing Keystone Bank Plc, to produce the document, at the last hearing of…

Read More

Stanbic IBTC retains Fitch’s AAA Rating

Globally renowned credit rating agency, Fitch Ratings, has reaffirmed that Stanbic IBTC Holdings PLC and its subsidiary, Stanbic IBTC Bank PLC, have retained their National Long-Term’ AAA (nga)’ and National Short-Term’ F1+(nga)’ ratings. Fitch Ratings is a leading provider of credit ratings, commentary and research for global markets. The National Long-Term’ AAA (nga)’ and National Short-Term’ F1+(nga)’ Ratings are the highest possible ratings on Fitch’s rating scale. Stanbic IBTC Holdings PLC and Stanbic IBTC Bank PLC were rated high based on the potential support from their parent company, Standard Bank…

Read More

NIWA begins test run on movement of containers to Onitsha River port

National Inland Waterways Authority, NIWA, has commenced test running of moving containers from Onne Port to Onitsha River port recently. According to the managing director/CEO of National Inland Waterways Authority, Chief Dr. George N. Moghalu during the arrival of the containers from Onne at Onitsha River Port, “the aim of the test run is to break the jinx and encourage partnership with the Barge Operators Association that is possible to move containers from Onne to Onitsha by water successfully and Onitsha to Onne as well”. He further said, “This is…

Read More

Consumers, food vendors rate Crown Premium Spaghetti high

Consumers and Food vendors of pasta have rated Crown Premium as high, adding that they would easily recommend the brand as a result of its unique qualities. While consumers relish the taste and non-sticky attribute of the pasta brand, food vendors stated that the product is a source of profit as customers keep requesting for the product. Mrs. Ronke Oshineye, a Shomolu-based food vendor, said she was delighted by the exceptional quality of the product as compared to other pasta brands. She said: “When I prepared Crown Premium Spaghetti in…

Read More

Flour Mills of Nigeria celebrates 60 years of enriching lives, empowering communities

This year marks an important milestone for Flour Mills of Nigeria Plc as it commemorates 60 great years of enriching lives and empowering communities. Exactly sixty years ago, FMN was born through the vision and dedication of its Founding Father, George Stavros Coumantaros, to create a winning brand that would one day become a household name in Nigeria. Since then, FMN and the iconic Golden Penny food brand has truly evolved to become a family favourite and a trusted source of nutrition for millions of Nigerian families.   A statement…

Read More