Thursday, July 28, 2011

FINANCIAL CRISIS HIT FOTOTEK STUDIO
Reliable information at our disposal as revealed that financial crisis has hit one of the prestigious photo studios in Lagos, Fototek.
Fototek, which has its former headquarter at Opebi,Ikeja in Lagos located at Adebola House and owned by Multi-millionaire Alhaji Suleiman Adebola Adegunwa was shut down following mismanagement that resulted in not been able to pay staff salaries, maintain the state of the art equipments and some daily running cost of the outfit.
Impeccable source divulged that the equipment in the Fototek were being move one after the other until when the heavy machines was about to be sold to another person in the industry was when the owner employed the service of hefty men to help move the equipments.
While they movement was going on a visit was made to the venue by brand villa and the only person that agreed to talk under agreement not to mention his name said they are moving only for strategic business reasoning
But another staff who could not stomach the crisis divulged that a lot of financial crisis are presently ravaging the outfit which as eventually kicked them out of business.
Fototek place used to house one of the best photo studios-(Es-say studios)- in any part of the country, the equipments at the studio alone would set up, many first class stand alone studios and not only that, the Es-say Lab is said to have been unrivalled in the country at the height of its reign, in terms of equipments & personnel.
The owner of the outfit Chief Adegunwa, a director at Sterling Bank and also a director of many other blue chip companies operates other investment like a food processing company that packages sausage rolls that is doing well in the and market and making unprecedented profits,


ECOBANK REWARDS WORKERS FOR OPENING SALARY ACCOUNTS
Ecobank has unveiled a three months Salary Account Promo that enable workers win from a multiple of instant gifts as they open their salary account with the bank. It also qualifies them to be part of a random selection that will see winners taking home the dream prize of brand new automobiles.
Announcing the commencement of the promotion in Lagos, Country Head Domestic Products, Mrs. Funmi Ajayi said the promo is borne out of the need to provide succour for the average Nigerian worker. According to her Ecobank identifies with the working class and has created products that will meet their needs, especially in the face of the challenging economic circumstances.
Enumerating the benefits from the promotion, Mrs. Ajayi said that workers who embrace the promo by opening their salary accounts with the bank will automatically be eligible and can access the bank’s assets loan, which include salary loans, car loans and mortgage loans. Also opening a salary account with Ecobank means free internet banking services and Ecobank Regional Card for the worker.
According to her, Ecobank has always been in the forefront of unique product development, and will continue to contribute significantly to the growth of the Nigerian economy. For her “Ecobank, with the largest Pan African banking network in Africa is the best platform to provide economic empowerment to peoples across Africa, hence the determination to build scale in Nigeria, as the bank now operates from over 243 branches scattered across the six geo-political zones of the country.
She emphasized that the bank will continue to expand its product portfolio which currently includes current accounts, savings accounts, cards, regional remittances, consumer finance, loans and advances, investment banking and asset management, regional and international trade.

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