Business

  Fidelity Bank Plc, a tier-2 lender in Nigeria, led by Nneka Onyeali-Ikpe as its chief executive officer, is in the news again for the wrong reason The Moment Nigeria exclusively reports. A Lagos High Court yesterday heard how staff members of Fidelity bank Plc hacked its database, cloned over …

A former banker with First City Monument Bank (FCMB) Seun Awosanya and an auto spare parts dealer, Amechi Osita, were today, re-arraigned before a Lagos Federal High Court, by the Police’s Special Fraud Unit (PSFU), on charges bordering on fraud and stealing of the sum of N66, 450, 000 million. …

Over 77 million subscribers of MTN Network across Nigeria are currently experiencing service outage and are unable to connect. This newspaper gathered that the customers of the telco were unable to use the mobile network operator’s call, data and SMS services on Saturday. The outage began around 2:00pm as “emergency calls only” …

  These are unprecedented times at Chi Limited, makers of fast-moving consumer goods, including Chivita Fruit Juice, where the outgoing Managing Director, Roy Deepanjan, has been accused of mismanaging allowances meant for staff welfare.   Members of staff were seen blocking Roy in the factory as he was on his …

Pan African financial institution, United Bank for Africa (UBA) Plc, has again rewarded its loyal customers in its Bumper Savings Promo in line with its unwavering commitment towards prioritising its customers’ financial well-being as well as boosting savings culture in Nigeria.   Since the bank commenced the promo in 2020, over 200 …

Ex-workers of the Skyway Aviation Handling Company (SAHCO) owned by Taiwo Afolabi have cried out over the non-payment of their severance benefits 11 years after the firm was privatised. SAHCO which has since gone public was an arm of the defunct Nigerian Airways which was sold to SIFAX Group in 2009. Taiwo …

A participant taking his chance in the Take a Shot competition In the past few weeks, Nexford University began a series of activities for its GO MAD (Go Make a Difference) campaign which challenges people to make a difference by earning a global degree that gives them a competitive edge …

By Opeyemi Dabiri On October 4, 2021, one of the fastest growing financial service providers in Nigeria, Titan Trust Bank Limited, celebrated two years of its existence. Established with a mission to take advantage of the identified gaps in the banking sector and address the unmet needs of the retail …

…Cement company largest employer of labour Dangote Cement Plc has emerged as the highest corporate income taxpayer and biggest employer of labour in the country for the year 2020. The foremost indigenous cement manufacturer came first among top 100 elite companies listed on the Nigeria Exchange (NGX) posting into the …

Africa-Re’s partnership with IFC (A member of the world bank group) in March 2019 is strategic and symbolic. The Partnership aims at providing technical support to insurance companies for their agricultural line by using index-based agricultural insurance. This no doubt will trigger innovative and more efficient solutions for small farmers, …