Zhong Shanshan, the founder of the popular Chinese bottled water brand Nongfu Spring, has overtaken Alibaba (BABA) founder Jack Ma to become the country’s wealthiest person, according to the Bloomberg…
Category: Corporate
Remember man who hacked Access Bank? He is now in EFCC’s custody, See details
Ihebuzo Chris, the young man who recently bragged about hacking into the database of Access Bank and being in possession details of over a thousand people’s bank accounts, has been…
Elumelu mourns as UBA Plc loses Executive Director, Emeke Iweriebor
A group executive director in pan-African UBA Plc, Emeke Iweriebor, has died. He died on Sunday at 51 after an illness. Iweriebor was for some years in charge of the…
Meet young man who hacked into Access Bank database (Video)
There was a mild tension yesterday after a Nigerian hacker shared a video to prove that Access Bank database is vulnerable and customers’ information and money are exposed. The hacker…
Trouble: Lagos Court bars Shoprite from transferring assets over $10m judgment debt
The Federal High Court in Lagos has made an order of mareva injunction stopping Shoprite Checkers (PTY) Limited from disposing of or transferring its assets out of jurisdiction over a…
Facebook’s Zuckerberg becomes world’s third centibillionaire
Facebook’s CEO has joined Amazon’s CEO, Jeff Bezos, and Microsoft’s founder Bill Gates, as the only people with centibillionaire status. According to the Bloomberg Billionaires Index, 36-year-old Mark Zuckerberg’s fortune…
Meet the Nigerian who is set to buy Shoprite’s Stake
Nigerians woke up to the Monday morning news that Shoprite, Africa’s largest food retailer, is nursing plans to sell off its outlets in the country. It was later clarified that the…
We are expanding in Nigeria, not leaving, Shoprite makes clarification
Shoprite Nigeria has made clarification regarding the ‘misinformation’ making the rounds that it has commenced a formal process to sell off its outlets in Nigeria and leave the country. The…
Just in: Shoprite begins process to sell off its outlets and exit Nigeria (Details)
Shoprite Holdings Limited, has revealed that it has commenced plans to auction off its outlets in Nigeria. The South African retail megastore company with presence in most Nigerian cities hinged…
Microsoft reportedly in talks to buy TikTok as Trump vows to ban app today
President Donald Trump has revealed plans to ban TikTok app in the United States through executive authority today. “As far as TikTok is concerned, we’re banning them from the United…
Air Peace makes history, becomes first African airline to fly sophisticated Embraer E195 E2
Nigerian airline, Air Peace has made history as it set out to become the first African carrier to fly the sophisticated Embraer E195 E2. The plane which is getting customised…
13-year-old boy makes N6m in 3 days from teaching adults how to invest
13-year-old Christon ‘The Truth’ Jones, an investor and stock market prodigy, has got many taking after impressively making the dollar equivalent of N6 million from just teaching adults how to…
Ibom Air makes historic landing in Calabar in maiden flight
Ibom Air, an airline owned by the Akwa Ibom State Government, made a historic touchdown at the Margaret Ekpo International Airport, in the paradise city of Calabar on Monday, July…
Amazon Inc founder, Jeff Bezos makes record $13 billion in a single day
Jeff Bezos added $13 billion to his net worth on Monday, July 20, the largest single-day jump for an individual since the Bloomberg Billionaires Index was created in 2012. Amazon.com…
Google launches ‘Think with Google’ for Nigerians, others
Google on Tuesday said it had launched its Sub-Saharan African website- `thinkwithgoogle.com/ssa’- to help marketers in Nigeria and other countries on the continent get the locally-relevant insights they need. Asha…
Tension as Bitcoin scammers takeover Twitter accounts of Obama, Bill Gates, Joe Biden, Elon Musk, Kanye West, Mike Bloomberg, Apple and others
Suspected Bitcoin scammers have taken over a rash of high-profile Twitter accounts, including those of Barrack Obama, Joe Biden, Bill Gates, Elon Musk, Jeff Bezos and Kanye West, in a…
Banks reveal how face mask can cause failed ATM transactions
The use of face masks is becoming part of our everyday reality in the face of the Covid-19 pandemic. However, banks have advised customers to remove their face masks when…
Breaking: Access Bank moves to buy Zambian bank
Access Bank Plc has initiated moves to fully acquire Cavmont Bank Limited, a Zambia-based financial institution. Access Bank is seeking to consummate the acquisition through its Zambian subsidiary, Access Bank…
Guess what would have happened at Access bank branches on Monday if the bank didn’t announce to refund of deductions?
Since yesterday, Access bank has been trending on different social media platforms as angry customers took to different platforms to call out the bank over ‘outrageous stamp duty charges’. At…
Breaking: Access Bank to refund ‘unwelcome’ Stamp Duty Deductions
Access bank has just saved it’s branches nationwide from witnessing a mob of aggrieved customers on Monday as the bank on Sunday promised to refund its stamp duty deductions made…
Angry customers vandalize GTBank, Osogbo Branch over Extortion
Guaranty Trust Bank in Osogbo, the capital of Osun state was vandalised by some angry customers on Wednesday, June 16th. It was gathered the fight started between the security officers…
FXKUDI is powering African businesses with borderless monetary transactions
It’s no longer news that Financial Technology (FinTech) companies are vastly disrupting the banking industry with several mobile money services launched on a regular basis in Africa. Despite the massive…
Access Bank manager Nwaru Jerry Nnamdi arrested for allegedly stealing N14m
The Manager of Access Bank Plc in Ketu Branch, Mr Nwaru Jerry Nnamdi, has been charge by the police in Lagos state for allegedly stealing N14 million. Nwaru, 34, was…
What is Wazobia Cash Investment? Is it LEGIT or SCAM? Read Full Details
Many people are thinking of WAZOBIA CASH INVESTMENT and wondering whether it is legit or another scam waiting to trap an unsuspecting victim. The answer you need you will surely…
Dangote wins prestigious award with CNN Commercial
Barely a week after emerging the most admired brand in Africa, Dangote Industries Limited (DIL) has won another award through its television commercial on the Cable Network News (CNN) detailing…
Microsoft sacks journalists, replaces them with Robots
Microsoft has announced that it will no longer be needing the services of its team of journalists that work for MSN.com, as they are about to be replaced by news-savvy…
Despite pandemic, American billionaires’ wealth rises by $434 billion
America’s billionaires saw their wealth increase by $434 billion during the course of the global pandemic, according to a new report, a staggering figure that coincided with upheaval to the…
Five simple ways to use WhatsApp for business
The simplicity of WhatsApp shouldn’t fool you into thinking its use is limited to mere casual chatter. WhatsApp can be a powerful and highly cost-effective business tool to those who…
Facebook buys GIF company, Giphy following a $400m deal
New York-based Giphy — whose trove of looping clips of cute animals, bizarre cartoon characters and mugging celebrities are popular on social media and messaging apps — will remain its…
Church sues Zoom App after hacker streams porn during their Bible study session
A church in the United States, Saint Paulus Lutheran Church is suing video call app, Zoom after a hacker hacked their online Bible study session to stream porn. The church,…
Union Bank staff dies from Coronavirus in Lagos
A Union Bank staff has died from Coronavirus complications as confirmed by the Chief Executive Officer of the Bank, Emeka Emuwa. In an internal memo made public on Monday May 4,…
“He fell because he had not eaten” FCMB debunks claims collapsed customer showed COVID-19 symptoms
First City Monument Bank (FCMB) has reacted to the viral video about a customer who collapsed on Monday at its Onipan branch in Lagos State. It was widely reported yesterday…
Access Bank denies plan to sack 75% workforce and close 300 branches
Access Bank Plc has denied widely reported news that it would sack 75 per cent of its workforce and as well close over 300 branches. In a statement signed by…
You betrayed your workers to please Buhari – Fani-Kayode slams Access Bank
Former Minister of Aviation and chieftain of the Peoples Democratic Party (PDP), Femi Fani-Kayode, has condemned Access Bank and its Group Managing Director, Herbert Wigwe, over the sacking of some workers.…
Breaking: CBN, Bankers’ Committee stop banks from sacking workers
The Central Bank of Nigeria (CBN) has put a hold on sacking of workers by banks who are trying to adjust due to the impact of the coronavirus outbreak. A…
Pregnant Access Bank cashier collapses in Lagos after receiving sack letter
A pregnant cashier working with Access Bank Ketu/Ikorodu branch allegedly collapsed after she was handed her sack letter as she was said to have been one of the staff affected…
Just in: Dokpesi Snr, son’s wife, grandchildren, others test positive for COVID-19
Days after the chairman of DAAR Communications, Raymond Dokpesi Jnr, tested positive for coronavirus, his father and founder of DAAR Communications, Chief Raymond Dokpesi Snr and seven other members of his…
Shell cuts dividend for first time since 1940s as oil demand collapses
The dividend of Royal Dutch Shell RDSa has been cut by the company for the first time in 80 years following the collapse in global oil demand due to the…
CBN resumes dollar sales for SMEs, school fees
In view of the gradual easing of the COVID-19 lockdown both globally and in Nigeria, the Central Bank of Nigeria (CBN) says it has resumed provision of foreign exchange to…
Breaking: FG orders banks to open from Monday
Federal Government, Wednesday said banks in Lagos, Ogun and Abuja will begin operations from Monday 4th of May, 2020. Disclosing this, the National Coordinator of the Presidential Task Force on…
