Monthly Archives: January 2020

Guinness Nigeria Records Increase In Revenue

• Revenue increased by 1% • Operating profit declined by N1.1bn • Cost of sales increased by 2% • Net finance charges at N1.6bn • Profit before tax decreased by N1.9bn Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, today announced its unaudited results for its first half year period ended ...

Read More »

Ajao Estate Residents Appeal To Sanwo-Olu To Ban Okada In Their Community

Residents of Ajao Estate in Oshodi Isolo Local Government Area, on Thursday, made a startling request to the Lagos State Government. They want the recent ban of the operations of commercial motorcycles, popularly known as Okada, extended to their area to forestall what they described as “security breach” in the neigbourhood. The concerned residents under the aegis of Ajao Estate ...

Read More »

Senate Confirms Dr Obiora As CBN Deputy Governor

The Senate has confirmed the appointment of Dr Kingsley Obiora as a Deputy Governor of the Central Bank of Nigeria. The confirmation was made on Thursday, January 30, 2020 in Abuja. President Muhammadu Buhari had, in  a letter dated January 16, 2020, asked the Senate to confirm the appointment of Dr Obiora as the Deputy Governor of the Central Bank ...

Read More »

Cybercriminals Using Artists’ Names To Spread Malware, Kaspersky Warns

Cybercriminals are actively abusing the names of artists and songs nominated for a Grammy 2020 award, in order to spread malware. Kaspersky protection technologies detected a 39% rise in attacks (attempts to download or run malicious files) under the guise of nominees’ work in 2019, compared to 2018. Ariana Grande, Taylor Swift and Post Malone were attackers’ favorites, with these ...

Read More »

Jumia Recounts Major Milestones In 2019

As Nigeria continues to make significant progress in the e-commerce sector, a major player in the sector has reiterated its commitment to ensuring growth across its platform to satisfy its consumers. The Co-Founder and Co-Chief Executive Officer of Jumia Group, Jeremy Hodara stated this while reviewing the Company’s activities for the year 2019. According to Hodara, a major milestone recorded ...

Read More »

Fidelity Bank Lifts “World’s Greatest Maths” Teacher, Offers Him Employment

Fidelity Bank Plc has brought succor to physically challenged Chemical Engineering graduate, Mr. Micheal Sowunmi, who is fondly referred to as “the world’s greatest teacher” on account of his love for teaching. Mr. Sowunmi has been offered employment by top lender Fidelity Bank as a facilitator at the bank’s training academy known as CREST Academy. This much was revealed by ...

Read More »

South-East To Unveil Security Outfit Soon

A joint security outfit for the South East region is being fine-tuned for optimal operation and would soon be unveiled. Chairman of South East Governors’ Forum and Governor of Ebonyi State, Chief David Umahi, disclosed this when he received the General Officer Commanding 82 Division of the Nigerian Army, Maj. Gen. Lasisi Adegboye at Government House, Abakaliki, yesterday. He announced ...

Read More »