Zenith Bank secures Regulatory Approval for N350b from Hybrid Offer
January 27, 2025
PMI foundation supports entrepreneurship Project Management Institute Educational Foundation says it has injected a multi-million rand grant through the African Leadership Academy to support entrepreneurial training for African youths. According to a statement, the grant expanded on PMIEF’s current partnership with the ALA, which sought to introduce students to project[Read More…]
ExxonMobil To Buy Denbury For $4.9 Bn To Expand Low-Carbon Business ExxonMobil on Thursday July 13, said it will acquire Denbury Inc., a specialist in enhanced oil recovery and carbon sequestration, for $4.9 billion as it builds out its low-carbon business, the oil giant. The all-stock acquisition provides ExxonMobil[Read More…]
Access Bank enters into acquisition agreements with Standard Chartered Bank Access Bank Plc (Access) and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to the[Read More…]
Google Bard expansion introduces new more features, languages and countries Google on Thursday, July 13, announced the expansion of Bard, its conversational AI service, to 40 new languages including Swahili- the first African language to be included and 59 new countries and territories. The expansion includes new features that[Read More…]
Send Money Across Africa in Seconds Using Ecobank Mobile and Omnilite Apps – Demola- Adeniyi Ecobank mobile, Omnilite App now available for customers to send money Across Africa in seconds Ecobank customers can now transfer money in seconds to 33 African countries where Ecobank Group operates using Ecobank Mobile[Read More…]
Naira sustains recovery at N746/$ in official market The naira on Thursday recorded a massive gain of N36 to close at N746/$ in the Investors and Exporters (I&E) window– official market. Thursday’s rebound showed two-day straight gain in the official market over improved liquidity and transaction activities. The local currency[Read More…]
DSS Charges suspended CBN governor, Emefiele to court The Department of State Services (DSS) on Thursday said it has dragged embattled Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele to court. DSS PRO, Peter Afunanya disclosed this in a release on Thursday, July 13, 2023. The[Read More…]
Dangote Cement Increases Capacity With New Plants In Nigeria, Cote d’Ivoire & Ghana Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant in Itori, Ogun State. According to the Group Managing Director, of Dangote Cement, Mr.[Read More…]
World Bank picks Ogunbiyi, 14 others to drive private sector investment Chief Executive Officer of Sustainable Energy for All, Damilola Ogunbiyi, is one of the 15 chief executive officers (CEOs) and chairs to join the Private Sector Investment Lab. According to a statement by the Bank, the Lab’s core[Read More…]
AfDB backs Tinubu over forex rate Unification African Development Bank (AfDB) yesterday in Abuja commended the President Tinubu administration for unifying the naira exchange rate saying it would breath air of transparency into the foreign exchange (forex) market. Its President, Dr Akinwumi Adesina, spoke in Abuja at the 2nd Edition[Read More…]