Quest for the Truth and Justice

Archive for the Category ‘Business’

Union Bank, Sawmill branch’s unhygienic environment

Union Bank, Sawmill branch’s unhygienic environment

Bank customers using the Automated Teller Machine (ATM) at the Union Bank, Sawmill branch, Ilorin,  Kwara State have continued to decry the dirty surrounding of the bank. The drainage in front of the bank is unkempt and the smell oozing from it has become unbearable. Some of the people who spoke to Pilot Business expressed concern […]

I started business with N10,000 – Breathless Global Concept CEO

I started business with N10,000 – Breathless Global Concept CEO

Mrs Funmi Ayeni holds Masters in Business and International Labour Relations (MILR) from the University of Ilorin. She is from Kogi State. The female entrepreneur is the Chief Executive Officer of Breathless Collections, a subsidiary of Breathless Global Concepts (BGC) with specialisation in shoes and perfume collection, insurance, property and computer services among others. Ayeni […]

KWSG earmarks N21m for SMEs

KWSG earmarks N21m for SMEs

By Bukola Adama As parts of its economic recovery plan programme, the Kwara State Government will release N21million revolving loan intervention to boost Small and Medium Enterprises (SMEs). The state Governor, Dr Abdulfatah Ahmed made the disclosure in Ilorin at the All Progressives Congress (APC), monthly stakeholders meeting, held at the state Banquet Hall of […]

FMBN funds 8 housing estates in Kwara with N3.7bn

FMBN funds 8 housing estates in Kwara with N3.7bn

The Federal Mortgage Bank of Nigeria (FMBN) has said it has so far invested total sum of N3.7 billion on eight housing estates in Kwara State. The Acting Managing Director and Chief Executive Officer of FMBN, Mr. Richard Esin made the disclosure at the inauguration of FMBN /Kam Abioye Housing Estate  Balla road, Enyeinkorin  Ilorin on Friday […]

US govt names Nigeria’s Andela best SME in the entire world

US govt names Nigeria’s Andela best SME in the entire world

The US government has named Andela, a company and community of software developers, based in Nigeria and Kenya, as the world’s best small and medium-sized business. The award, which is tagged the US secretary of state Award for Corporate Excellence (ACE), was established in 1999, to recognise companies that are best representing American values in […]

Ilorin Airport gets new Spokesperson

Ilorin Airport gets new Spokesperson

A new Public Relations Officer (Protocol), Mr. Kayode Ajibola has been appointed for the Ilorin International Airport. He is taking over from Alhaji Abdulkarim Mohammed, who has spent over 20 years as the airport’s spokesperson. Kayode is expected to resume work today (Monday). It would be recalled that a new manager,  Alhaji Ibrahim Azeez was recently […]

PZ Cussons rising from first quarter loss

PZ Cussons rising from first quarter loss

PZ Cussons traded at a profit in the second quarter, which reduced its loss position in the first quarter considerably. The conglomerate is still in the red but hopes are high for a return to profit at the end of the third quarter in February. A huge foreign exchange loss that caused a net loss […]

Stock Market: Report for  3rd March, 2017

Stock Market: Report for  3rd March, 2017

A total turnover of 1.387 billion shares worth N13.726 billion in 15,422 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 765.656 million shares valued at N9.717 billion that exchanged hands last week in 12,468 deals. The Financial Services Industry (measured by volume) led the […]

Mixed feelings trail CBN’s charges on cash  deposits, withdrawals

Mixed feelings trail CBN’s charges on cash  deposits, withdrawals

Mixed reactions have continued to trail the re-introduction of bank charges on cash deposits and withdrawals by the Central Bank of Nigeria. A cross section of bank customers in Ilorin, the Kwara State capital who spoke to Pilot Business on Tuesday, expressed divergent views on the apex bank’s policy. Recall that a circular signed by […]

BoI gives N11.6bn loans to Kwarans, unveils Ilorin office

BoI gives N11.6bn loans to Kwarans, unveils Ilorin office

By Bukola Adama The Bank of Industry (BoI) at the weekend doled out a whopping N11.6 billion to businesses in the state. This is coming just as it unveiled its head office in Ilorin, the Kwara State capital. The Acting Managing Director of the Bank, Waheed Olagunju, who spoke on the activities of BoI in […]