Access Bank Plc has rewarded serving members of the Nigeria Youth Service Corps (NYSC) with over N15 million in its third edition of Access Bank Plc’s youth business challenge competition, Accessprenuer, which held across five states recently. Five top winners won N1 million each while others were rewarded with consolation cash prizes totaling to N10…
The pilot of a flight that was diverted to Belarus, allowing the arrest of an opposition journalist, had been warned that a bomb would detonate if it continued to Lithuania, according to Ryanair’s boss. Michael O’Leary said the pilot tried to seek advice from the airline, but was given false excuses by officials that Ryanair…
He said: “DBA Lite is a product of the erstwhile Diamond bank via the Diamond Business Account (DBA) and that was one of the best products in the market but after the merger, we renamed it as DBA but this innovation; DBA Lite is targeted for the youths who are start-ups, established or growing. This…
Access Bank Plc, has launched what it termed the ‘Diamond Business Advantage (DBA) lite’ in a bid to increase its digital loans and enhance access to finance for young entrepreneurs. The bank said the product which is targeted at the youths was designed to add value to micro, small and medium scale enterprises (MSMEs). Speaking…
Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group has announced that it has successfully raised $350 million Tier 2 Sustainability Notes. According to the statement, the Tier 2 issuance was the first to have a Basel III-compliant 10NC5 structure outside of South Africa in 144A/RegS format and will be listed…
Lords town Motors Corp. announced the abrupt departure of its two top executives and said its board found evidence of inaccurate statements, intensifying the turmoil for the electric-vehicle maker and onetime SPAC star. Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the company, effective immediately, the company said in…
CHI Limited has unveiled Chivita Active Zest, a new and exciting sub-brand under the Chivita Active franchise. The launch intends to disrupt the mid-pack segment of the juice category by fulfilling the growing consumer demand for a healthy on-the-go beverage to support their active lifestyle without compromising on great taste, convenience, and enhanced nourishment. Chivita…
Cardiff’s airport was hardest hit by the Covid pandemic in the UK last year, seeing an 87% decline in passengers, figures show. Traveller numbers there dropped from 1,656,085 in 2019 to 219,984 in 2020. In Britain and Northern Ireland as a whole, 223 million passengers were lost in 2020 because of coronaviru Some 74 million…
Dividend yields on Nigerian stocks are ahead of those available on Africa’s major stock markets – but investors will have to tread carefully to avoid the pitfalls, analysts say. The dividend yield on the NSE 30 Index at the end of May stood at 6.26%, meaning income for investors was more than 50% higher than…
