WIZKID FOOD SEASONING HITS MARKET (PHOTO)

Nigerian pop star, Wizkid seems to have inspired a new seasoning flavour which has just hit the market. Recently Wizkid popularized the word “stew” – “everything stew” used to describe when a song an event or anything that is just very good or dope as the the case maybe. As seen on social media, a user tweeted Wizkid with photo of the used seasoning and Wizkid who seemed to be shocked and elated at the development quoted the tweet and replied – “Wowu 😂”. -InformationNigeria

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WEMA Bank Now Safe Haven for Looters?

Talk of a financial institution that currently has the least integrity when it comes to money laundering and looting, then you won’t be wrong to mention WEMA Bank. The bank has drastically lost its integrity, having become a cheap safe haven for looters. Apart from WEMA’s normal banking activities which is marred by many irregularities and hidden fraudulent activities (some are exposed already), the bank has become a Mecca of sort for money launderers and crooked politicians. Despite previous efforts to turn the fortune of the bank around by its…

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Netherlands: Shell sees Nigeria corruption trial lasting many months – memo

Royal Dutch Shell expects a landmark corruption trial over a Nigerian oil deal to last many months, warning staff of continued critical media coverage in the $1.3 billion case, according to an internal memo seen by Reuters. Shell’s Legal Director Donny Ching encouraged employees to study an internal web page that the Anglo-Dutch company set up for the case before responding to questions from relatives and friends. Shell and Italian peer Eni ENI.M are defendants in a Milan bribery trial, now in its early stages, focusing on the 2011 purchase…

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Fidelity Bank, BOI, Ford Foundation Unveils Lending Scheme For Aba Leather Manufacturers

• Lender Donates Fully Equipped Secretariat To LEPMAAS Fidelity Bank Plc, top Nigerian lender in strategic partnership with the Bank of Industry (BoI) has launched the Aba Finished Leather Goods Cluster Financing Programme, as part of continuous efforts to promote Made-in-Nigeria goods capable of meeting global standards for export and local consumption. N400 million in financing provided by BoI will be made available on a quarterly basis to over 300 members of the Leather Products Manufacturers Association of Abia State (LEPMAAS). The funds will be disbursed through the Fidelity Bank…

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Fidelity Bank partners with WorldRemit for instant money transfers to Nigeria

WorldRemit customers in over 50 countries can now send money instantly to millions of Fidelity Bank accounts directly from their mobile phones Leading digital money transfer service WorldRemit has joined forces with Fidelity Bank, one of Nigeria’s top financial services providers, for instant money transfers to four million Fidelity Bank accounts in Nigeria. The new partnership further expands WorldRemit’s footprint in the country and allows the 15 million-strong Nigerian diaspora living in over 50 countries – including the United States, the United Kingdom, and Germany – to send money directly…

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Nigeria May Not Have Stable Power Supply in 5 Years -Electricity Distributors

The Association of Nigerian Electricity Distributors, says that Nigeria may not have stable power supply in the next five years except the challenges confronting the sector are addressed. Mr Sunday Oduntan, the Executive Director, Research and Advocacy of ANED disclosed this at a news conference in Lagos on Tuesday. According to Oduntan, there are challenges inhibiting power sector efficiency and they include liquidity gap of N1.3 trillion, lack of improved generation due to mismatched electricity pricing. “Lack of much needed investment in transmission and distribution network and rising energy theft…

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Twitter removes suspended and abusive accounts

Most popular users appear to lose millions of followers in crackdown on problem accountsEgos have been bruised on Twitter after the social network initiated a change to how it tracks followers that saw some of the most popular users lose millions from their count. Following the change on Friday, which removes from the count accounts that have been suspended or locked by Twitter for abuse, some of the most popular users had hundreds of thousands, or millions, fewer followers than they had a day before. When Twitter announced the crackdown,…

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Fidelity Bank Launches FlashKey; an Innovative Phone keyboards Payments Solution

Fidelity Bank Plc, launched an innovative solution designed primarily to allow customers send money and pay bills using their phone keyboards without recourse to the online banking platform installed on their mobile devices. The solution known as Flashkey is a ground-breaking initiative; a first its kind in the Nigerian banking industry that is designed enable customers and members of the banking public initiate payments and effect transfers using their phone keyboard in an easy and convenient manner. “We are constantly innovating to better serve our customers and the banking public.…

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CIGARETTE AND ALCOHOL PRICES SET TO INCREASE AS NEW EXCISE TARIFF TAKES EFFECT TODAY

The new excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, 2018. Minister of Finance, Kemi Adeosun, in March announced that the president had granted a grace period of 90 days to manufacturers of the products Adeosun said the new excise duty rates would spread over a three-year period from 2018 to 2020 in order to moderate the impact on prices of the products. According to her, the upward review of the excise duty rates for alcoholic beverages and…

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Fidelity Bank’s Back-To-School Train Storms Egwuare Primary School, Uromi in Edo State

It was indeed celebration galore for staff and pupils of Egwuare Primary School, Uromi in Edo State as Fidelity Bank Plc provided them with educational supplies, including computer systems, branded school bags, sandals, books and other writing materials to support learning. The Bank’s decision to embark on this initiative was borne out of the need to make life easier for students. The project tagged ‘Back to School’, was initiated and implemented by staff of Uromi Branch under the auspices of the Fidelity Helping Hands Programme (FHHP). The Bank’s intervention in…

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