BUSINESS

Access Bank Enters Partnership With British International Investment for $60 Million Trade Facility

…BII’s Second Commitment To One Of Nigeria’s Leading Multinational Banks LAGOS, Nigeria – October 3, 2023 – British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a $60 million trade finance facility for Access Bank Plc in Nigeria and five of its pan-African subsidiaries. …

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7th ACT Foundation Breakfast Dialogue Set To Illuminate Path To Sustainable Development In Africa

LAGOS, Nigeria – September 12, 2023: The Aspire Coronation Trust (ACT) Foundation is gearing up to host the highly-anticipated 7th ACT Foundation Breakfast Dialogue (BFD) on Thursday, October 5, 2023, at the prestigious Lagos Oriental Hotel, Lekki Expressway, Victoria Island, Lagos. The ACT Foundation Breakfast Dialogue has become a marquee …

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Tony Elumelu Encourages Greater Indian Investment Support In Nigeria

INDIA – Tony Elumelu, the Chairman and CEO of Heirs Holdings and Transcorp, along with being the Chairman of United Bank for Africa (UBA) Plc., has urged the Indian private sector to use the current opportunities presented by the Nigerian government and invest in Nigeria. This call to action came …

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GTCO Plc Releases 2023 Half Year Audited Results; Reports Profit Before Tax Of ₦327.4billion

LAGOS, Nigeria – September 2023 – Guaranty Trust Holding Company Plc (“GTCO” or the “Group”), has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦327.4billion, …

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Lagos NUJ Honoured Dangote Industries Limited For Job Creation, Infrastructure Development

BY ABUSATAR HAMED LAGOS – The Nigeria Union of Journalists (NUJ), Lagos State Council, has bestowed on Dangote Industries Limited (DIL), a prestigious Award Of Excellence from journalists in Lagos State. The award recognizes the conglomerate’s remarkable contributions to Nigeria’s economic development and its dedication to job creation and critical …

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Day The Plug Celebrates 7 Years Of Shaping Culture, Nurturing African Talent

LAGOS, August 30, 2023 – The Plug, a trailblazing force in reshaping Africa’s burgeoning entertainment and talent management industries, is proud to commemorate a remarkable milestone – its seventh anniversary. Since its inception in August 2016, The Plug has propelled Africa’s cultural renaissance and talent evolution to unprecedented heights. From humble …

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Access Pensions Surpasses N1 Trillion AUM Milestone

Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM). In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First Guarantee Pension in December 2022 – has scaled up …

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6-Year-Old Son Of Cubana Chief Priest Emerges As CEO, Launches Restaurant

Donald, the 6-year-old son of prominent Nigerian businessman and club owner, Cubana Chief Priest, has unveiled his very own establishment, ‘De Angels Bar & Grills’. This young CEO’s venture has garnered widespread attention not only due to his tender age, but also because of his unwavering determination to follow in …

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NIMASA Alleges Capsized Seplat Oil Rig Of Illegally Operation Since 2016

The Nigerian Maritime Administration and Safety Agency (NIMASA) has alleged that the ill-fated Majestic Rig owned by Depthwize Nigeria Limited, which capsized at Ovhor in Warri, Delta State, had been operating without proper approval on Nigerian waters since 2016. The ABS Classed inland Water Drilling 232 feet-long Barge, with a …

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FCMB Accused of Withholding Money Intended For Dying Customer – Family Seeks Help

Prince Bassey, a social media user, has raised allegations against First City Monument Bank (FCMB) for allegedly failing to release money intended for his younger sister’s urgent medical bills, potentially endangering her life. Bassey shared his distress on LinkedIn, expressing concern that his sister’s life is at risk due to …

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