Nestlé Pays Starbucks $7.15 billion for Rights to Sell Coffeehouse Chain of Products


Global food giant Nestlé is paying Starbucks $7.15bn (£5.3bn) for the rights to sell the US coffee chain’s products around the world in a global alliance aimed at reinvigorating their coffee empires. Guardian reports that the deal worth $2bn in sales would reinforce Nestlé’s position as the world’s biggest coffee company, with brands such as […]

Ecobank extends rapid transfer services to customers

Ecobank has extended the capabilities of its Rapid Transfer product enabling all bank account holders in Nigeria receive money via the Rapid Transfer instantly from 33 African countries where Ecobank operates. With this development, a bank account holder in any bank in  Nigeria, who is privileged to receive transfer of funds from within Africa can […]

Ecobank launches MasterPass QR

Ecobank Nigeria has launched the MasterPass QR, a MasterCard global digital system that allows people to pay for services using mobile phones. The innovative new platform will also enable micro, small and medium enterprises (MSMEs) in Nigeria to receive digital payments from millions of customers. The product makes electronic payments safe, simple and smart. It […]

Ecobank, GTBank, Diamond Bank customers get e-payment reward

Customers of Ecobank Nigeria, GTBank and Diamond Bank emerged the maiden winners in the ongoing Central Bank of Nigeria (CBN) Electronic Payment Incentive Scheme (EPIS). The winners who emerged during a raffle draw held in Lagos are Adeyinka Adejuwon, who banks with GTBank and won N100, 000; customer, Julie Chioma Ukwosah , an Ecobank customer […]

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