Business

Coronation Group, Access Holdings Plc, Safaricom and M-PESA Africa Partner to Explore Remittances A transformative collaboration aimed at broadening access to remittances across Africa has been forged among Coronation Group, Access Holdings Plc, Safaricom Plc and M-PESA Africa (the parties) as the parties come together in a strategic alliance dedicated ...

Access Bank PLC and KCB Group PLC Sign Binding Offer on Acquisition of National Bank of Kenya (NBK) Access Bank PLC and KCB Group PLC (“KCB”) have today signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya Limited (“NBK”) from KCB. The successful completion of ...

DAME (DR.) ADAORA UMEOJI NAMED ZENITH BANK GMD/CEO Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN). She takes over from Dr. Ebenezer Onyeagwu, whose ...

ACCESS HOLDINGS PLC ANNOUNCES THE RETURN OF MR. AIGBOJE AIG-IMOUKHUEDE, CFR (PIONEER ACCESS BANK GROUP MANAGING DIRECTOR/CEO) AS HOLDCO CHAIRMAN AFTER 10 YEARS   Access Holdings Plc (‘the Holdco’), is pleased to announce the return of Mr. Aigboje Aig-Imoukhuede, CFR as its Non-Executive Chairman. Mr. Aig-Imoukhuede, CFR replaces Mr. Abubakar ...

Invest in Yourself, Have a Business Structure, Female Entrepreneurs advise SMEs at UBA Business Series Successful female business entrepreneurs, have advised Small and Medium Scale Enterprises (SMEs) operators and would-be business owners to focus on meeting specific needs and self-development to create a path towards building prosperous brands in the ...

Heirs Energies: Powering Nigeria’s Economy with Domestic Gas Supply ·       Sole Gas Supplier to Geometric Power Plant Heirs Energies, Africa’s leading integrated energy company, has announced a further expansion of its gas supply business, supplying the recently commissioned 188 MW power plant operated by Geometric Power Limited, located in Aba, Abia State.   Heirs Energies is a leading provider of gas to the Nigerian National Grid, and already supplies TransAfam Power Limited, with a capacity of 966MW, and First Independent Power Limited (FIPL), with a capacity of 541MW. Heirs Energies also supplies gas to local distribution companies, gas-based industries, and other industrial customers. ...

Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum    In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary ...

ACCESS HOLDINGS PLC ANNOUNCES THE APPOINTMENT OF MS. BOLAJI AGBEDE AS ACTING GROUP CHIEF EXECUTIVE OFFICER The Board of Directors of Access Holdings Plc (‘the Company’) has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its ...

Inflation to fall in 2024 — Cardoso The Central Bank of Nigeria’s governor Mr. Yemi Cardoso expects headline inflation to fall to 21.4 per cent in 2024. The apex bank’s governor disclosed this during his keynote speech at the launching of the Nigerian Economic Summit Group macroeconomic outlook report for ...

Emefiele: CBN sacks boards of Union, Titan, Keystone, Polaris banks The Central Bank of Nigeria (CBN) has, with immediate effect, sacked the entire Board of Directors of Polaris, Titan, Union and Keystone Banks. CBN sources say the decision was taken in a meeting led by the apex bank’s governor, Yemi ...