Day: April 16, 2018

KONGA, YUDALA IN STRATEGIC MERGER TO RULE E-COMMERCE

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Konga, Nigeria’s largest online mall and Yudala, Africa’s pioneer composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent. The business merger, which takes effect from Tuesday May 1st 2018, will see both companies operate under the KONGA brand name. The strategic decision will see both companies leverage the combined strengths of both platforms and is expected to further broaden the scope of organized retail and e-commerce in Nigeria and deliver more…

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Coronation Merchant Bank Group records 66% growth in Gross Earnings for 2017 FY

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Coronation Merchant Bank Limited (‘CORONATION MB); Nigeria’s leading merchant banking brand, announced its 2017 Full Year Results to stakeholders at its Annual General Meeting held in Lagos, in which the Bank posted a Profit Before Tax of N5.1billion. Speaking at the AGM, Abu Jimoh, Group Managing Director/CEO of Coronation Merchant Bank Limited said that, “despite the tough market conditions that characterized significant parts of the year, the underlying business fundamentals of the Bank remained strong as reflected in the Gross earnings growth of 66% to N25.5Bn in 2017. As we progress in…

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Manchester City Are Champions Of England

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Manchester City won the Premier League title as Manchester United’s shock 1-0 home defeat by West Brom confirmed their rivals as champions. Second-place United are now 16 points behind Pep Guardiola’s side with only five games left to play. It is City’s third title in seven seasons and a fifth top-flight crown – their first under the Spaniard in his second campaign in charge. They have dominated the title race, scoring 93 goals and losing just twice. The Premier League title is the 24th trophy of the former Barcelona and…

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Gold coast 2018: Nigeria finishes with 24 medals

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At the Gold Coast 2018 Commonwealth Games, Nigeria ended its competition with Aruna Quadri’s table tennis silver medal bringing the country’s total haul at the event to 24. Quadri, who was beaten in the quarterfinal at the last edition of the competition in Glasgow, Scotland, lost the gold medal to Singapore’s Gao Ning, just before the closing ceremony yesterday. The 24 medals, which placed Nigeria ninth on the medals’ table, are made up of nine gold, nine silver and six bronze medals, a collection which Sports Minister, Solomon Dalung, believes…

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Youths chase away monarch, shutdown palace in Ekiti

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The youths of Agbado-Ekiti, Gbonyin Local Government of Ekiti State have kicked against the alleged imposition of a Regent. The protest was said to have been spearheaded by the youths, who were joined by other indigenes, to protest the alleged imposition of Bolaji Okunbobade, who was appointed by the kingmakers to occupy the throne vacated by her late father, the Owa Oro of Agbado, Oba Okunbobade. Clutching leaves and placards of various inscriptions, the irate youths, who barricaded the Ado-Ikare Road for several hours, accused one of the kingmakers, Chief…

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