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Tuesday , 6 December 2016


Harvest crashes price of Rice to N8000 in Ebonyi State


A 50kg bag of rice is now selling for N8,000 in Ebonyi state, eastern Nigeria.This contrasts markedly with the over N20,000 price tag for imported rice. The cheering news was reported by spokesman of Central Bank of Nigeria, Isaac Okoroafor  in Yenagoa, Bayelsa state on Tuesday.. Okoroafor is the Acting Director, Corporate Communication, CBN.  He spoke at a sensitization workshop ...

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UBA Deputy GMD gets award


Deputy Group Managing Director, United Bank for Africa PLC (UBA), Mr. Victor Osadolor, was at the weekend honoured by the Edo College Old Boys Association (ECOBA) Lagos Chapter for distinguishing himself in banking. At the yearly dinner organised by the association on Saturday at the   Metropolitan Club, Victoria Island, Lagos, chaired by Ambassador Vincent Okobi, Osadolor was honoured for his ...

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GTBank Fashion Weekend..Achieving the “Sticky” Factor


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 ...

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Lai Mohammed Classifies Social media, as nightmare to PR Managers


The Minister of Information and Culture, Alhaji Lai Mohammed has described social media as a nightmare to image makers because of its disinformation through different fake and distorted news. The minister who stated this on Monday in Lagos at the opening of the 4th Commonwealth Public Relations Congress noted that image makers in both public and private sectors were victims of the trend. ...

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UBA gets CBN Kudos for largest private sector Agric funding scheme


The Bankers’ Committee has disclosed plans by the Central Bank of Nigeria (CBN) to commit N1.7 trillion intervention funds into five agric sector projects to support government’s economy diversification agenda. The committee said Union Bank of Nigeria and United Bank for Africa (UBA) are some of the banks that have demonstrated huge commitments to agricultural financing, with both offering agricultural ...

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Zenith bank re-strategises with ‘N1,000 to Open Account’


Zenith Bank has recently refocused operations on the retail segment of the banking sector, meaning that the bank’s superlative services are now available to everyone. That almost insurmountable barrier to entry, N250,000, has been reduced to an infinitesimal N1,000. Furthermore, the bank has made it super easy to open an account with them by introducing an account opening shortcode *966*0# ...

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FG 200,000 N-Power Volunteer Corps resume work Dec 1

youth on internet

The Presidency again on Sunday shifted the timeline during which it plans to employ 200,000 graduates, saying beneficiaries will resume work on December 1. That was the second time the Federal Government would be shifting its position on the employment scheme which it earlier promised would start in October. Two weeks ago, Vice-President Yemi Osinbajo was quoted as attributing the ...

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Diamond bank cleaner steals N5.675m from strong room!


Absolute negligence on the side of senior officers of a branch of Diamond bank has been exposed,as cleaner effortlessly made away with millions from the vault…Now,many are of the opinion that key to the vault should be beyond a cleaner’s reach… ‘When I was a bank worker, it was very difficult, if not impossible for a single person to gain ...

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Sacked Zenith Staff, John Edobor,Opens Up on Family Palava


In September, Ivie Edobor, a Mother of three, took to social media to accuse her husband, John Edobor, of attacking her after they separated ways following their failed marriage. She accused him of organizing a group of area boys to join him in brutally assaulting her, breaking her legs in the process. Three days ago, one of Ivie Edobor’s lawyers, ...

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Zenith, 2 other banks rank high on digital media

zenith md 1

Three banks in the country have been rated high among the top ten commercial bank that employ the use of digital space in Nigeria by Africa’s largest Digital media company, Terragon Group. The banks are Guaranty Trust Bank (GTBank), Zenith Bank and Wema bank among the top ten commercial banks. Terragon Group in its report which highlighted digital insights in ...

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