The Group Managing Director of Access Holdings, Hebert Wigwe has consolidated his position as the Bank’s majority shareholder with an acquisition of 50 million shares. The acquisition was contained in a notice of share dealing by an insider to the Nigerian Exchange Limited. It was signed by the company’s secretary, Sunday Ekwochi. The 50 million…
By Ayomide Otitoju Leading innovative and sustainable building solutions company, Lafarge Africa Plc, has announced the launch of Eco Label brand to transparently communicate the environmental benefits of its sustainable building solutions. The Eco Label branding builds on the company’s net zero pledge and supports its ambition to accelerate green construction with the use of…
By Ayomide Otitoju FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch The robot is among the phased configuration of the bank’s state-of-the-art digitally led self-service branch The Humanoid Robot is equipped with Video Banking and Artificial Intelligence (AI), taking on the role of a friendly…
The Abuja Electricity Distribution Company (AEDC) will increase tariffs in areas under its network from July 1. AEDC is one of the 11 power distribution companies covering the Federal Capital Territory (FCT), Niger, Kogi, and Nassarawa States.In a statement issued on Sunday, the company cited the fluctuation in the naira exchange rate in the money…
Airtel Africa, Sterling Financial Holdings and Transcorp Hotels are some of the stocks to watch this week, as the stock market resumes trading. Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken…
The Nigerian Ports Authority (NPA) has raised the alarm over what it called a campaign of calumny against the organisation, saying the public should be wary of the development.It called on the media to avoid being used by those it said are out to discredit some personnel of its management.A statement by its General Manager,…
The Chief Financial Officer of Zenith Bank Plc, Dr. Mukhtar Adam, has been named ‘Chief Financial Officer of the Year’ at the 11th All Africa Business Leaders Awards (AABLA).The award was held in partnership with CNBC Africa.The ceremony took place at the King’s Ballroom, Sun City, South Africa. The honour places Dr. Mukhtar alongside other…
By Ayomide Otitoju In a landmark development aimed at investing in and strengthening essential, climate and crisis-resilient primary health care (PHC) services in low- and low-and-middle income countries (LICs and LMICs), three multilateral development banks have joined with WHO to launch the new Health Impact Investment Platform. The Platform, launched during the Summit for a…
The award was bestowed on FirstBank in recognition of the Bank’s role in promoting trade and investment endeavours across the continent. With its subsidiaries across the FirstBank Group, FirstBank has continued to play a leading role in boosting cross-border businesses, including trade and investment opportunities, essential to enhancing trade relations amongst countries. In 2021, the…
