By Alex C Zenith Bank Plc, Nigeria’s second generation bank, has appointed Mr Jim Ovia as board chairman and non- executive director of the bank. Ovia, pioneer managing director and chief executive officer of Zenith Bank Plc appointment was contained in statement issued by the bank. According to a statement by the bank’s group Managing Director, Mr Peter Amangbo, Jim Ovia takes over from Mr Steve Omojafor who resigned last month. The appointment had been approved by the Central Bank of Nigeria (CBN) with Ovia appointment said to take effect on Tuesday July 16, 2014. Ovia retired from the bank…
Author: Pride Team
By Alex C The value of interbank transfers has risen from N51 billion monthly in January 2012 to over N1.5 trillion as at June 2014, according to data captured through the Nigerian Inter- Bank Settlement System(NIBSS). While this rise in interbank transfer has been aided by the cashless policy of the Central Bank of Nigeria (CBN), NIBSS transfers rose in volume from 87,000 transactions a month in January 2012 to 3.1 million transactions a month as at June 2014. Latest figures from CBN reveal that the volume of Point of Sale (PoS) transactions increased astronomically from less than 2000 monthly…
My dear daughter, When I was young and dating (mind you I did date a few beauties before I met the most beautiful girl in the world -your mother) one of the things I noticed with most girls was that they used words “carelessly” – saying so many things they did not necessarily mean; and treating utterances as if they were mere jokes. My dear, one should have a sense of humour and enjoy the fun that is in life and living. However, I would like you to imbibe as one of the content of your character, the ability to…
By Ifeoluwani Crystal Adeolu Fashion is a very silent but powerful communicator. It has the power to make or mar a person. It can speak many words, it can say, “I am important”, “I can make the air shiver” “I can make everyone stop in awe”, “I am a nerd”, “I don’t care”, “I am depressed”, “I don’t have time”, .”I’m clueless”, I’m overwhelmed” or “I’m creative” It is an inherent nature in man to assess and judge a man by his clothing, even though it could be wrong assessment, but it is important to let your style speak for…
By Bimbola Segun-Amao Lend (v)- to grant the use of something on condition that it or its equivalent will be returned. My brother tweeted this some days back and I laughed hard and then stated that it was a painful bad truth. Most times, one needs divine intervention to collect back something (money in most occurrences) that was collected in privy. When the borrower comes to borrow, he asks that you be excused if there’s an eager third party and you step out to have the quiet talk spiced with many promises and a lot of swearing… “God knows I…
By Alex C Shoprite, Africa’s biggest food retailer, said the group’s turnover for the 12 months to June had surged 10.5 percent to $9.5 billion. The turnover of the 169 supermarkets the group operates outside the borders of South Africa, grew by 26.8 percent compared to 2013 figures. “Taken at constant currencies these operations grew by 16.2 percent. The furniture division grew turnover by 12.2 percent even though the highly competitive market conditions remained unchanged,” Whitey Basson, CEO Shoprite stated. Earlier this year, Shoprite said that 13 shops will start operating in Sub-Saharan Africa (outside South Africa) by the end…
By Alex C Guinness Nigeria Plc is set to expand its retail outlets in the country, using its newly-introduced Retail Loyalty Programme (RLP) otherwise dubbed Guinness Collabo. This development, which was made known at the 2014 Guinness National Sales and Distributors’ Conference held in Lagos recently, is expected to begin with 9,200 retail outlets in the country. Mr Seni Adetu, Managing Director and Chief Executive Officer, Guinness Nigeria Plc, disclosed that the previous year was tough but that with the new partnership, “we are going into the new year with a winning mentality. We intend to expand the capacity for…
Dear Dorothy, I am in my early forties and my husband about ten years older. We have three children the youngest of which is 15. I did think I had a good and happy marriage, and was certainly surprised when my husband asked for a divorce!Where did that come from? Just two weeks before, we were planning how we will celebrate our 21st wedding anniversary. My husband says he’s met another woman and wants a divorce so that he can marry her – she is 28. Dorothy, I had no idea that there was any problem with our marriage. I…
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