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CBN CONFIRMS APPOINTMENT OF TOMI SOMEFUN AS UNITY BANK MD.

The Central Bank of Nigeria (CBN), has confirmed the appointment of Mrs. Tomi Somefun as the Managing Director/Chief Executive Officer of Unity Bank Plc. This is coming on the heels of the departure of Henry J. Semenitari, who resigned his appointment with the Bank last month. The confirmation of Mrs. Tomi Somefun was contained in a letter to the Bank dated August 10, 2015, signed by its Director of Banking Supervision. An experienced professional with a depth of experience and knowledge of the Finance Industry, Tomi has over three decades of cognate experience of which 26 years were in the Banking Sector. She started her career in Accounting and Financial Consulting with Peat Marwick & Co, and subsequently Arthur Andersen & Co (now KPMG). She has worked in several areas across the Industry, spanning Treasury & Institutional Banking, Investment Banking, Retail and Commercial Banking. Prior to joining Unity Bank, she had a distinguished career with United Bank for Africa whe

Martel 300: World oldest and Finest cognac house party in Lagos

Martell 300, the worldwide anniversary celebration of the oldest and finest Cognac House, took Lagos by storm on Saturday, August 8 th  2015. The brand hosted 80 VIPs, in Black-Tie, to the fine craftsmanship of this great Cognac House and the celebration of the french art-de-vivre that started it all.

How Genevieve Nnaji's Baby daddy got 3 girls pregnant at the same time

Bunmi Bevlyn Ogunleyimu shared this touching story of how Nigerian actress Genevieve's baby daddy abandoned her after getting 3 girls pregnant at the same time. Read below This is another true life story. When I was preparing for JAMB, I went for a special

Money: OAU makes N200 Million from post UTME

    Following the introduction of the post-UTME into tertiary institutions in Nigeria, most schools have been making good money off admission seekers. A statement issued the public relations officer of Obafemi Awolowo University,Ile Ife (OAU) shows that no fewer than 27,000

The Press Release Is Dead. Let It Rest In Peace!” ID Africa COO Femi Falodun Speaks On The New Age Of Social PR

The Abuja Hall, NECA House, Lagos on Wednesday July, 2015 witnessed a fiery exposition of modern Public Relations practice as Marketing expert Femi Falodun delivered a presentation entitled "Who Is Afraid Of Social PR?"   Speaking to an audience of Public Relations practitioners at the NIPR Social Digital Workshop, the ID Africa COO pointedly asserted that the days of conventional media relations in PR are over and have been replaced with communication methods which are increasingly more customized and relatable to each recipient.   In his words,  "The era of blind mass emailing and generic press releases is dead and buried – please stop sending out those horrible email blasts! No one reads them anymore! In order to be effective, PR messages now must be targeted, customized & localized based on factors like content type, medium of communication, behavior, education and interests of target audiences and connections between users."

Sex Workers Protest Killings of Collegues in Abeokuta

Sex workers in Abeokuta organized a protest to raise awareness over the disappearance and killings of their members. Vanguard reported that there was mild drama in Abeokuta, Ogun State, Monday night, as scores of commercial sex workers staged a candlelight procession in honour of their colleagues, who were allegedly killed by suspected ritualists, weekend. Dressed in black apparels, the sex workers, who stormed the state secretariat of Nigeria Union of Journalists, NUJ, Oke-Ilewo, Abeokuta, wailed as they mourned their colleagues. One of the dead, who was simply identified as Sitira, was found dead at a refuse dump site at Olomoore junction in Abeokuta on Sunday morning. Suspected ritualists were said to have abandoned the corpse of the 23-year-old prostitute after severing some flesh from her body. The late Sitira was said to have been thrown off a moving Sport Utility Vehicle, SUV, along Abeokuta-Lagos Expressway. Speaking with reporters, the protesters claimed that beside Sitira, an

AFRIMA RECEIVES 2,558 ENTRIES FOR 2015 EDITION

The International Committee of All Africa Music Awards, AFRIMA, in partnership with African Union Commission, AUC, has announced a staggering submission of entries with a total of 2,558 for AFRIMA2015 edition at the close of submission of entries on Friday, July 31st, 2015 at 2400hrs CAT. The entries were received on the AFRIMA website and social media platforms from African artistes, record companies, and music/entertainment journalists from across the continent and the Diaspora whose works were produced between May 31, 2014 and July 31, 2015 in accordance with the stipulated guidelines by the academy of the jury of AFRIMA. But more exciting are the entries from artistes of African origin living abroad and non-African countries which shows the global recognition of AFRIMA, which is in partnership with the African Union Commission, ONE Campaign and Africa 2.0. The entries received for the 2015 edition is progressively higher than the 2014 edition of 2,025 entries with 79.2%. Out

Shoppers note:Inside Shoprite Ibadan By Niyi Tabiti

By Niyi Tabiti It was fun visiting the two Shoprite outlets in Ibadan. One is located at Dugbe, while the other one known as The Palms is situated along Ring Road, Ibadan. The old Kokodome is now a spectacular place for shoppers, and onlookers too! Light traffic: Just like most places in Ibadan, the traffic was light.

FCMB Posts Reduced Profit

FCMB Group Plc on Wednesday declared a profit after tax of N8.3bn for the half-year ended June 30, 2015, 13 per cent lower than the N9.576bn it made in the same period last year. Although the group grew its gross earnings by 11 per cent from N69.620bn to N77.353bn in the review period, higher expenses led its profit before tax to dip by 14 per cent from N11.140bn to N9.565bn. FCMB’s financial statements, which it filed with the Nigerian Stock

The man who will be next Ooni of Ife By Niyi Tabiti

   When it comes to fame, fortune and class, the Ooni of Ife, Oba Okunade Sijuade had it all. He was a man with impeccable taste for everything that glitz and glamour. The Ife monarch was known as one of the wealthiest kings in Nigeria history.

Unity Bank GMD: Sacked or Resigned

The controversy over the exit of Unity Bank GMD,Mr Henry Semenitari has continued to be a debate among business executives.Sources however claimed in latest news findings that Semenitari was not sacked,rather he resigned to pursue person interests Click here to read more 

Top 3 Start-ups revolutionizing Job search in Nigeria

Thousands of Nigerians flock the internet on a daily basis in search of jobs as gaining employment has been quite chore. Despite the explosion of apps, websites and other tools for job applicants seeking to optimize their hunt for employment in Nigeria, many are still unable to

Fidelity Bank declares increase in gross earnings

Nnamdi Okonkwo, the MD/Ceo of Fidelity Bank has declared that his bank is positive about gaining more grounds in it business operations. Okonkwo said despite some economic and political issues in the country, the bank was able to record increase in it gross earnings and profits. Read the full details of the financial records of the bank here

JOVAGO FOUNDER,MAREK ZMYSLOWSKI MAKES SEED INVESTMENT IN TALKINGBOOKZ, DEMO AFRICA 2015 FINALIST

Marek Zmyslowski, the co-founder and managing director of Jovago.com, Africa's largest hotel booking portal has provided seed capital as initial investments in Nigeria's first  online retailer of audio books. Marek who is also bringing his extensive experience of over 8 years in the cyber market place will

D'BANJ AND GIRLFRIEND, BONANG SHARE A KISS AT 2015 MTV AFRICA MUSIC AWARDS

D'banj and his South African girlfriend, Bonang Matheba got up to some PDA at the MTV Africa Music Awards held on Saturday, July 18, 2015 in Durban, South Africa. The two have been rumoured lovers for a while, but they confirmed their relationship at the awards when just as D'banj was announced winner of the Evolution category, Bonang planted a kiss on his lips to the admiration of all present.