Investors Scramble for Fidelity Bank’s Offers Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public[Read More…]
Access Bank offers cleaner energy financing to customers Access Bank has unveiled a new product that offers affordable financing opportunities to businesses and customers to adopt a cleaner and more reliable source of electricity. A statement from the bank on Thursday indicated that the offering was titled ‘Switch[Read More…]
2024 Union Bank Graduates new Management Trainees Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports[Read More…]
CBN Approves Merger Of Unity, Providus Banks The Central Bank of Nigeria (CBN) has approved the merger of Unity Bank Plc and the Providus Bank Limited. The apex bank, announced the approval on Tuesday in a statement by its acting Director of Corporate Communications, Hakama Sidi-Ali, said the[Read More…]
Tinubu appoints former Katsina governor, Masari, TETFund chairman President Bola Tinubu has appointed former Katsina State Governor Aminu Masari as chairman of the board of the Tertiary Education Trust Fund. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in a statement signed Tuesday night[Read More…]
Court suspends sale of Nigeria Air to Ethiopian Airlines A Federal High Court in Lagos State has nullified the sale of Nigeria Air to Ethiopian Airlines. The court on Monday, declared null and void the sale of Nigeria Air to Ethiopian Airline, after determining the issues in the suit. Justice[Read More…]
Bank recapitalisation crucial for economic growth says SEC The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that the ongoing bank recapitalisation is an important step toward unlocking Nigeria’s potential to achieve a $1tn economy, the Punch reports. He disclosed this at a recent forum[Read More…]
BUA Foods profit surges to N130bn amid headwinds BUA Foods Plc has recorded a 38 per cent growth in its profit after tax to N130bn at the end of June 2024, compared to N95.18bn in the same period of 2023 despite the macroeconomic headwinds. This was indicated in its financial[Read More…]
#EndBadGovernance protesters to hold Congress at Ojota to deliberate Tinubu’s address, Monday The #EndBadGovernance protesters will on Monday August 4 deliberate on the nationwide address of President Bola Ahmed Tinubu at a democratically held Congress in Ojota. Tinubu had addressed protesters on Sunday, urging organisers to suspend the street action[Read More…]
Tinubu addresses the nation amid protest Tinubu’s Full speech on August 4 BROADCAST BY HIS EXCELLENCY BOLA AHMED TINUBU, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMED 1. I speak to you today with a heavy heart and a sense of responsibility, aware of the turmoil and violent protests unleashed[Read More…]
