The Lagos Chamber of Commerce and Industry has urged the Federal Government to sustain its targeted interventions in critical sectors like agriculture, manufacturing, export, infrastructure, etc. Speaking at the chamber’s State of the Economy Outlook press conference in Lagos on Tuesday, its President, Michael Olawale-Cole, stated that high inflation, continuous rise in interest rates and…
Fidelity Bank said it will seek the approval of its shareholders to raise additional capital via issuance of 13,200 billion ordinary shares. This was disclosed in the notice of Extraordinary General Meeting signed by the Company Secretary, Ezinwa Unuigboje and filed on the Nigerian Exchange Limited. The company revealed it would raise the funds via…
A passenger of Dana Air, Femi Ogunshola, has expressed his disappointment after the airline left him and other passengers onboard without taking off for over an hour. According to him, passengers had boarded the Lagos-bound flight, which was scheduled to take off by 12 p.m. on Saturday from Abuja but were kept inside the aircraft…
Guaranty Trust Bank Ltd has been named the ‘Best Bank in Nigeria’ at the Euromoney Awards for Excellence 2023 for the 12th time. A statement said Euromoney is a leading authority for global banking and financial markets, and the annual awards for excellence celebrated financial institutions that demonstratd leadership, innovation and resilience in the markets…
Access Holdings has completed its bid to gain a foothold in Africa’s second-biggest oil producer, Angola, about two and a half months after announcing it had scaled regulatory hurdles to acquire the country’s Finibanco S.A. Bank. The move expands the territory of Nigeria’s biggest financial services group in the southern part of the continent, where…
Access Bank Plc and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to the approval of the respective local regulators and the banking regulator…
By Ayomide Otitoju Nigeria’s innovative and youth-friendly telecommunications company, 9mobile, is to enter a strategic partnership with the prestigious Bayero University, Kano (BUK), as the University prepares to establish theNCC’s center of excellence in telecommunication Research and Development.This partnership will cover capacity building, modernized educational delivery, and optimized technology delivery to students.Through this collaboration,the University…
… Receives Recognition for Women’s Empowerment & Leadership By Ayomide Otitoju In recognition of its outstanding performance in gender inclusion and diversity within its ranks, the leading innovative and sustainable building solutions company, Lafarge Africa Plc., has been presented with the Company Board Gender Diversity Award at the Nigeria2Equal Gender Leader Awards. The company also received…
Access Bank Plc has received accorded the best “Company Leadership in Gender Diversity” award; Family-Friendly Workplace Excellence award, and Gender Equality Champion award at the Gender Leader Awards (GLA).The bank also received a special recognition for its efforts in advancing women empowerment and leadership.The Awards, organised by the International Finance Corporation (IFC) and the Nigerian…
