Dangote says petrol price not fixed The Dangote Group has reacted to reports that independent marketers were projecting N600 per litre as price for the petrol produced by the Dangote Refinery. The Dangote Group said in a statement signed by Anthony Chiejina, its group chief branding and communications officer[Read More…]
Access Holdings Plc extends Rights Issue Acceptance period to August 23, 2024 Access Holdings Plc (“the Group”) has announced an extension of the acceptance period for its ongoing Rights Issue. Initially set to close on August 14, 2024, the period has now been extended to August 23, 2024, following[Read More…]
Ecobank Pan African Center in Lagos, Nigeria to Host 2024 Ecobank Fintech Challenge Semi-Final Event Ecobank, the pan-African Bank, has announced that its first-ever Fintech Challenge semifinal event will be held in Lagos, Nigeria. Scheduled for Wednesday, August 14, the hybrid event will take place at the Ecobank Pan[Read More…]
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…]
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…]
