Category: Business

Two weekends ago, I enjoyed retail therapy like I have not enjoyed it in a long time. I was like a child in a toy shop. I told my children “this is the way we shop when we go on vacation”. You know how Nigerians like to shop when they travel to “rest”. Shop till you drop! Laden with shopping bags, we went to the Café next door for some rest, relaxation and much needed refreshment. By now, I am sure some of you must have guessed that I am…

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First Bank of Nigeria Limited has called for the inclusion of entrepreneurial training in school curriculum in pursuant of its commitment to drive sustainable economic growth in the Country. This is as the Bank joins the rest of the world to celebrate the 2016 Global Entrepreneurship Week (GEW) – an initiative that celebrates the contribution and passion of entrepreneurs who bring ideas to life, drive growth and contribute significantly to expand human welfare. The Bank has also birthed several initiatives and interventions to celebrate the pivotal role played by entrepreneurs…

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Nigeria’s leading Engineering, Procurement, Construction and Commissioning (EPCC) Services Company, Nestoil Limited, has emerged as the ‘Best Company’ in Infrastructural Development’ at the at the 10th edition of the SERAs (Social Enterprise Report Awards) ceremony held at the Muson Centre in Lagos Nigeria on Friday November 11, 2016. Nestoil emerged winner in this award category, which had other notable organisations and multinationals such as Exxon Mobil, GT Bank, Shell Petroleum Development Company (SPDC), OANDO Foundation, MTN Nigeria and Lafarge, as an acknowledgment of its social connectedness and contributions to societal development. “We…

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In a bid to promote entrepreneurial spirit among Nigerians and boost the Small Medium Enterprises sector of the Fashion industry, Guaranty Trust Bank Plc recently held the first edition of its Fashion Weekend at the Landmark Centre Lagos. For a Bank that has shown commitment to supporting small and medium scale businesses in Nigeria, the event should come as no surprise. The event brought together some of the most promising, talented and recognized fashion designers, brands and retail enterprises from across Nigeria and abroad to showcase latest fashion trends and…

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The attention of Heritage Bank Plc has been drawn to deceptive reports contained in a media publication, alleging the Bank’s inability to honour its obligations to customers amongst other contrived reports on the financial state of the bank. Heritage Bank wishes to categorically refute this false information being circulated about the institution with a misdirected intent to derail and misinform the banking public on its financial state. Whilst we acknowledge the challenging operating environment currently experienced in all sectors of the economy, Heritage Bank remains financially stable and has continued…

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The Omu-Aran branch of First Bank of Nigeria Plc, in Irepodun Local Government area of Kwara State, which was closed since May, 2013, due to incessant robbery attacks is set to re-start operations. Mr Festus Egbodofo, the Business Development Manager of the bank in Kwara, gave the assurance in a goodwill message to the 2016 Annual Omu-Aran Festival of Clubs. The event held at the Government Secondary School Playground, Omu-Aran. “Our bank will commence full banking transactions in Omu-Aran in few days’ time,” Egbodofo said. Armed robbers had, on May…

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United Bank for Africa (UBA); the Pan African banking group emerged the best institution in Corporate Social Responsibility (CSR) in West Africa. Its CSR arm; UBA Foundation won the best CSR/Sustainability, West Africa Award at the 10th SERAs (Social Enterprise Report Awards) ceremony which held at the Muson Centre in Lagos last Friday. Since 2006, The SERAS CSR Awards-Africa has celebrated outstanding companies who through their immense contributions have become the game changers driving the wheels for sustainable development in Africa. “We are driven by the mantra ‘do well do…

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The GTBank fashion weekend, a two day fashion event was set up in a bid to promote enterprise in the country. Guarantee Trust Bank hosted the 2-day fashion event tagged “GTBank FSHN WKND” at the Landmark Events Center, Victoria Island, Lagos. The event which featured top fashion designers, make up artistes as well as jewellers within and outside the country, included various display of fashion collections. The event also featured series of masterclasses that gave participants the opportunity to meet and interact with the top names in the fashion business.…

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The attention of the management of Obat Oil & Petroleum has been drawn to the fictitious report making round in the Newspapers and social media about a purported takeover of the company by Skye Bank. We hereby refute the report and state categorically that there was no such incident. Contrary to claims that the take over was approved and initiated by reason of the Federal High Court ruling, there is no ruling of the Federal High Court directing or authorizing Skye Bank to take over Obat Tank Farm/ depot or…

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In sustenance of its objective to empowering Women in Business, Access Bank Plc through its W Academy recently organised the Womenpreneur Business Workshop – a capacity building workshop for female business owners. The objective of the ‘Womenpreneur Business Workshop’ is to provide a practical capacity building program that will equip female business owners to thrive especially with the current economic realities in Nigeria. The workshop also provided participants with essential knowledge and information whilst simplifying the processes required to grow their businesses given the present macro-economic headwinds. The ‘Womenpreneur Business…

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