Access Bank To Acquire Majority Stake In Ugandan Bank Access Holdings Plc has announced that its flagship subsidiary, Access Bank Plc has entered into a definitive agreement with the Ugandan-based Finance Trust Bank Limited, FTB and its Selling Institutional Shareholders, for the acquisition of a majority equity stake in[Read More…]
CBN to sanction FX market regulations for Gross Violations The Central Bank of Nigeria (CBN), on Wednesday, said it found grave infractions, gross abuse and significant non-compliance with market regulations by operators in the foreign exchange segment. As a result, the apex bank vowed it would punish those responsible[Read More…]
FG to pay N1.6trn electricity subsidy in 2024, as NERC approves new tariffs for DisCos The Nigerian Electricity Regulatory Commission (NERC) has approved new electricity tariffs for the 11 distribution companies (DisCos) in the country, with effect from January 1, 2024. NERC’s chairman, Sanusi Garba, made this known on[Read More…]
Nigeria stock market emerges world’s best, beats Argentina Nigeria Stock Market has emerged world best, beating Argentina, a country it was trailing last week. The Nigerian Exchange Limited (NGX) All Share Index (ASI) experienced a 2.38 percent surge on Wednesday, surpassing the 90,000 mark as bullish momentum dominated trading.[Read More…]
Fidelity Bank to Promote young Writers Nationwide with Its Read2Lead Initiative As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institution, Fidelity Bank Plc, has launched a creative writing competition for secondary school students dubbed Read2Lead. Themed Read2lead,[Read More…]
Skot Communications announces commencement of business, promises to realign Africa PR market dynamics Skot Communications, a global strategic communications consultancy has said that its business will work on realigning Africa PR Market dynamics by helping clients define their voice and message. In a press briefing held in Lagos on[Read More…]
TGI Launches Terra Seasoning Cube TGI Group, producer of CHI products, has launched Terra Gold seasoning cube. Terra Gold in a release on Sunday said the launch is a significant leap in the culinary space across Nigeria, breaking away from traditional flavour-centric cubes. It added that the product also[Read More…]
LIRS Affirms January 31 Deadline For Submission Of Annual Tax Returns The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers of labour to submit their annual tax returns on or before the stipulated deadline of January 31, 2024. The Executive Chairman of LIRS, Mr. Ayodele[Read More…]
Shettima leaves to represent Nigeria at world economic forum in Switzerland Vice President Kashim Shettima has departed Abuja to represent Nigeria at the 2024 annual meeting of the World Economic Forum scheduled to hold in Davos, Switzerland. According to a statement his spokesperson, Stanley Nkwocha, the representation comes at[Read More…]
Ecobank Group Unveils ‘A BETTER WAY | A BETTER AFRICA’ Brand Campaign at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 Ecobank, the leading pan-African financial services group, unveils its new brand campaign ‘A BETTER WAY | A BETTER AFRICA’ on Saturday at the TotalEnergies CAF Africa[Read More…]
