BUSINESS

LAGOS, NIGERIA – Otunba Femi Otedola has further strengthened his position in FBN Holdings by purchasing an additional 546.7 million units of shares, valued at N12.01 billion. According to reports from the Nigerian Exchange Limited (NGX) on Thursday, June 20, 2024, Otedola acquired these shares through Calvados Global Services Limited, …

ACCRA, GHANA – JUNE 22, 2024: Access Bank Ghana Plc held its 16th Annual General Meeting (AGM) at its head office, marking a year of exceptional performance and growth. The Board Chairperson of Access Bank (Ghana) Plc, Ms. Ama S. Bawuah, presented the financial statements, highlighting the Bank's impressive performance …

LAGOS, NIGERIA – Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. Edwin said that the IOCs are deliberately and wilfully frustrating the refinery’s efforts to buy …

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL LAGOS, Nigeria, June 11, 2024. This notice is issued in reliance on Rule 283 of the Rules & Regulations of the Securities & Exchange …

LAGOS, NIGERIA – JUNE 10, 2024: Access Bank PLC (“the Bank”) has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” or “BancABC”), in line with its strategic expansion goals. This milestone follows the Bank’s initial announcement in July 2023 and marks yet another …

LAGOS, NIGERIA – Zenith Bank Plc has been awarded the title of “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, marking the second consecutive year it has received this honor. This recognition solidifies Zenith Bank’s position as a leader in sustainable banking practices, setting a high standard …

LAGOS, NIGERIA – WEMA Bank, renowned for its innovation in Nigeria’s banking sector and the introduction of Africa’s pioneering fully digital Bank, ALAT, has garnered an upgraded rating from Agusto & Co following its robust financial performance in 2023. The Bank’s upgraded rating of Bbb+ with an ESG (Environmental, Social, …

LAGOS, NIGERIA – This year marks 22 years since two young Nigerian bankers – AigbojeAig-Imoukhuede and Herbert Wigwe – bought a small, nondescript Bank and turned it into one of the biggest financial institutions on the continent with footprint also established in Europe and Asia. It was on March 22, …

LAGOS, NIGERIA, MAY 21, 2024 – The African entertainment scene roared with the 2024 African Magic Viewers’ Choice Awards (AMVCAs), celebrating the continent’s boldest creative talents in film, fashion and cultural richness. At the heart of this renowned event was Tiger Beer, the premium lager beer brand that spotlights audacious self-expression …

LAGOS, NIGERIA – MAY 31, 2024: Access Bank has been recognised as the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance Corporation (IFC). Presented at the Global Trade Partners Meeting (GTPM), held recently, in Barcelona, Spain,this prestigious award highlights Access Bank’s outstanding performance and commitment to fostering …