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Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited. The deal was finalised after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa.
Leading Tier-1 deposit money bank (DMB), Zenith Bank Plc granted expansive facilities in loans and advances totaling N11.3 trillion in the past five years: 2016-2020, data from its annual reports has revealed.
Shareholders of FCMB Group Plc (www.fcmbgroup.com) have restated their confidence in the financial institution to sustain its impressive performance and deliver more value.
President Muhammadu Buhari has been asked to ensure that oil giants, Shell and Eni face prosecution in Nigeria. Shell and Eni have been dragged to court in Milan, Italy over horrendous alleged cases of corruption in relation to the Oil Prospecting Lease (OPL) 245
The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Alhaji Mele Kyari has said that the corporation will partner with Borno State Government to establish a Gas Power Plant following the vandalization of the national grid by insurgents which put the state almost three months into total blackout.
Dangote Industries Limited has expressed its determination to always come out with strategies that will boost business opportunities in Nigeria.
Myanmar pro-democracy activists plan to resume street demonstrations on Thursday, a day after a nationwide silent strike saw businesses shut and people stay at home in protest against military rule in the Southeast Asian country.
The authorization for the Nigeria Stock Exchange (NSE) to list at the Exchange will deepen the market and boost the economy, Mr. Boniface Okezie, a Capital Market Operator, says.
The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) leading to the completion of the exchange’s demutualisation process.
The European Union is preparing to widen its sanctions on Myanmar’s armed forces to target businesses they run, in protest at the Feb. 1 military coup, according to diplomats and two internal documents seen by Reuters.
The Board of Directors of FCMB Group Plc has announced the retirement of Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an executive director of the group.
The United States on Thursday unveiled new measures to punish Myanmar’s army for its February 1 coup, blocking the ministries of defence and home affairs and top military conglomerates from certain types of trade.
The Presidential Amnesty Programme office has introduced new training package for ex-militants under the amnesty scheme.
The House of Representatives Committee on Public Account has summoned all subsidiaries of the Nigerian National Petroleum Corporation over financial queries raised by the Office of the Auditor General of the Federation.
The Nigerian National Petroleum Corporation, (NNPC), has said that contrary to reports that it is owing the Federation Account the sum of N3.8 trillion, it is the Federation Account and Allocation Committee (FAAC) that’s owing it the sum of N787 billion from over draft.
As the Dangote Academy prepares to admit yet another set of student engineers, it can be revealed that the company has in the recent past injected over N10billion into the Nigeria’s educational sector.
The UK Supreme Court on Friday allowed a group of 42 500 Nigerian farmers and fishermen to sue Royal Dutch Shell (RDS) in English courts after years of oil spills in the Niger Delta contaminated land and groundwater.
The Supreme Court on Friday described the dissolution of local governments in Oyo State and their replacement with caretaker committees as illegal.
The Supreme Court on Friday upheld an earlier judgment of the Court of Appeal which okayed the deregistration of National Unity Party and 73 others.
Real Madrid forward Eden Hazard has apologised for laughing with Chelsea players after his side were knocked out of the Champions League semi-finals.
Pan-Yoruba sociocultural group, Afenifere, has said it is against military takeover of any kind.
Prof. Sulyman Abdulkareem, the Vice-Chancellor, University of Ilorin (Unilorin), says the institution has adopted proactive measures to prevent untoward security breaches.
Ghana has been sent 350,000 more AstraZeneca vaccines to help in the fight against the deadly coronavirus disease.
A British academic, who was detained in the United Arab Emirates two years ago on spying charges, has launched legal action against a number of senior officials from the Gulf state, accusing them of assault, torture and false imprisonment.
Mikel Arteta is ready to give Joe Willock another opportunity to impress at Arsenal next season.
The Minister of Interior, Ogbeni Rauf Aregbesola, has pledged his commitment to deploy effective strategies and collaborate with relevant agencies saddled with the responsibility of internal security to overcome the security challenges facing the country.
Mo Salah has hinted that he wishes to remain at Liverpool with his latest comments in response to questions over a potential new contract, as reported by the Echo.