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Access Bank and Diamond Bank Plc have obtained approval in principle from the Central Bank of Nigeria and the Securities and Exchange Commission on their proposed merger plans.
The commencement of trial of an aide to Senate President Bukola Saraki, Gbenga Makanjuola, facing charges of N3.5 billion fraud, before Justice Babs Kuewumi of a Federal High Court, Lagos, was on Thursday, stalled, following his transfer.
Get this straight: Atiku Abubakar will lose the presidential election on February 16. I’m not Rev. Father Ejike Mbaka or one of the tongue-in-cheek seers whose predictions you’ll be struggling to figure out after dropping your offering in the bag at midnight of December 31.
The Nigerian Stock Exchange (NSE) started the year 2019 on the red side, as the market shed N134 billion wednesday.
Activities on the Nigerian Stock Exchange (NSE) resumed on Thursday on a downward trend after a two-day holiday to observe Christmas and Boxing Day celebrations.
The management of Access Bank has announced that an Extraordinary General Meeting of the bank will hold in Lagos on February 1, 2019.
One of the leading global rating agencies, Moody’s Investors Service, has stated that the recent business combination agreement between Access Bank Plc and Diamond Bank will be “credit positive” for the overall Nigerian banking system.
Experts have suggested business reinvention as the key to sustainable entrepreneurship in the country following economic crisis bedeviling the world.
Heritage Bank Plc has announced a partnership with AFRICANMED and the Chinese community in Nigeria to develop the country’s health sector and reduce the rate of medical tourism by Nigerians.
The volume of shares traded on the Nigerian Stock Exchange on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday rose by 171.65 per cent with the indices appreciating by 0.32 per cent.
Determined to create the largest bank in Africa, Access Bank Plc on Wednesday said it had finalised plans to issue 250 million dollars Tier 11 capital in January 2019.
Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.
“The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger,” the disclosure, sent to the Nigeria Stock Exchange, said.
Turkish prosecutors are seeking an arrest warrant for New York Knicks centre Enes Kanter on accusations he is part of a "terrorist" organisation, according to a news report.
Governor Ibikunle Amosun of Ogun State, on Wednesday, disclosed that the next administration in the state will access the $350 million World Bank loan for the development of the state, adding the loan will go a long to impact positively on the 50 year master plan developed by his administration for the state.
Zimbabwe President Emmerson Mnangagwa on Wednesday called for calm as he vowed to tackle the "monumental task" of fixing the shattered economy that has sparked violent protests this week.
Indian emergency workers on Thursday said they have found the body of one of 15 miners trapped inside a so-called “rat hole” mine for over a month.
Burkina Faso's security ministry says a Canadian national has been kidnapped by suspected extremists in the West African nation near its border with Niger.
A former minister of the Federal Capital Territory (FCT), Aliyu Modibbo, has joined St Antony College, University of Oxford, as a senior academic visitor.
The Federal Road Safety Corps in Osun on Wednesday presented a stolen vehicle, a Kia Sportage, recovered by its patrol team, to its rightful owner in Osogbo.
The Nigerian military command at the 7 Division Nigeria, Maiduguri, on Monday, flagged off Exercise Egwu Eke III aimed at curbing criminality.
The Kogi State Governor, Alhaji Yahaya Bello, has vowed to deal decisively with anyone caught arming the youths to perpetuate evil and fuelling insecurity in the state.
The Movement for the Actualisation of the Sovereign State of Biafra (MASSOB), has declared that it would neither stop nor boycott the forthcoming general elections in the South East region.