Business

@PolarisBankLtd extorts Nigerians for National ID card

A video has surfaced online where the staff of Polaris Bank Ltd were allegedly extorting the unsuspecting people of Ikorodu who were eager to register for the Nigerian national ID…

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About Africent Group CEO, Juwon Lawal’s Business Innovation

In an era of increasing youth apathy and economy downturn, Juwon Lawal, is a case study for youth aspiring to be great. The Kogi State, Nigerian born has no doubt…

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Exxon Divesting from Nigeria, to dispose $3billion asset

Three years after exiting Nigeria’s oil downstream sector, US oil giant Exxon Mobil is reportedly considering the sales of its onshore and offshore assets. Reuters reports the potential disposals could…

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Communication Commission records 113.8m internet users for January

Internet users in Nigeria increased marginally to more than 113.8 million in January 2018, the Nigerian Communications Commission (NCC) said. The NCC made this known on Friday in its Monthly…

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FIRS bows, directs banks to unfreeze tax defaulters’ accounts

The directive, which takes immediate effect, was contained in a letter from the Chairman, FIRS, to bank Managing Directors. FIRS made the announcement in a statement posted on its official…

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Coca Cola’s global value increases to $204.8bn after acquiring chi limited

The Coca Cola company’s market value rose by about one percent, following the full acquisition of Nigerian beverage marker, Chi Limited, on Wednesday. This rise in share price pushed Coca…

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Polaris Bank For Sale After 2019 Elections

The Asset Management Corporation of Nigeria (AMCON) says Polaris Bank will be put up for sale after the 2019 elections. According to Reuters, this was disclosed by Jude Nwauzor, the…

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Angry Nigerian airline threatens to pull UK’s business

A Nigerian airline says it could pull its business out of the UK after one of its pilots was arrested by immigration officials on suspicion of being a stowaway and…

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Magrellos Expands Footprint, Rebrands Surulere branch

Magrellos Restaurant, one of Nigeria’s fastest rising Quick Service Restaurant (QSR) brands has expanded its footprints with the opening of an upscale branch at Moloney Street, Lagos Island, Lagos and…

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Brand Communicator Wins Magazine of the Year Award

For the second year running, Nigeria’s most consistent and most prominent premium frontline all gloss brand and marketing communication journal, Brand Communicator Magazine was awarded the prestigious PR Magazine of…

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