Nigeria lender, Access Holdings Plc, said its subsidiary, Access Bank Plc, has secured a provisional licence from the Bank of Namibia to establish a commercial bank in the country. In a statement to the Nigerian Exchange and the general public, Managing Director/Chief Executive Officer of Access Bank PLC, Roosevelt Ogbonna, explained why the Tier-1 lender…
Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has raised alarm over the surge in petrol prices in Lagos and Abuja, has warned the Federal Government of the dire consequences of a sharp increase in the pump prices of petrol in the country. NACCIMA said it will lead to the asphyxiation of…
Techno Oil Ltd has bagged the Bank of Industry (BoI) award for high ethical standards and integrity in their business operations.The company was honored alongside May & Baker, Emzor Pharmaceuticals, Poly Products Nigeria Ltd., Falcon Corporation Ltd., Lucky Fibre Ltd. and Dantata Plastics Ltd and other leading companies last week.The companies were lauded for repaying…
Nigeria’s premier technology company, Zinox Technologies, has marked its 23rd anniversary. The tech giant was founded by Forbes Best of Africa’s Leading Tech Icon, Leo Stan Ekeh, a tech enthusiast and philanthropist. Established in 2001, Zinox has been at the forefront of providing advanced technology solutions in the country and across the continent. Zinox was…
Stanbic IBTC Bank has restated its commitment to grow the gas sector by increasing its funding requirements. The bank said from storage, production, delivery and even down to the renewable energy side of the divide there were a whole lot of products in place to support the gas value chain. Describing renewable energy as key…
The European Union (EU) and EDFI Management Company (EDFI MC) together with European Development Finance Institutions (EDFIs) have raised more than €2 billion in financing aimed at generating employment, and enhancing financial inclusion, especially among young and women-led businesses in Nigeria and the rest of Africa. The EDFI MSME Platform Plus Programme, supported by €255…
The Kano Area Command of the Nigeria Customs Service (NCS), says it generated N78.524 billion revenue between January and September. Mr Dauda Chana, the Area Comptroller, disclosed this in a telephone interview with the News Agency of Nigeria (NAN) on Wednesday in Kano. NAN reports that the Kano area command covers Kano and Jigawa states….
TD Africa’s outstanding expertise in tech distribution, service provision, support and training has been rewarded. The Nigeria-born, Africa-wide company, clinchéd two awards at Huawei’s World summit which spanned nine days, in Shanghai, China. The two awards which buttressed TD Africa’s intercontinental prowess and added new feathers to its cap are the “Excellence Global Distribution Partner”…
The Nigeria Customs Service (NCS), Lilypond Export Command (LEXC) says it processed 405.979 metric tons of export with free-on-board value at $979.3 million in third quarter (Q3) of 2024. The Customs Area Controller of the command, Ajibola Odusanya, disclosed this at a news conference in Lagos. Odusanya said that the command also processed 86,783 metric…
