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Why Access Bank seeks acquisition of Standard Chartered Bank’s subsidiaries in sub-saharan Africa

By Chioma Obinagwam 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,...

BusinessNews

ETI begins trading on US$350 million Sustainability Bond on LSE

By Chioma Obinagwam Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group (www.Ecobank.com), was hosted on Wednesday by the...

BusinessNews

Seplat issues Nigeria’s largest oil and gas bond

…oversubscribed by 120 global investors By Chioma Obinagwam Seplat Petroleum Development Company Plc.(“Seplat” or the “Company”), a leading Nigerian independent energy Company listed...

BusinessNews

Standard Chartered Bank scraps ATM, SMS charges

  Standard Chartered Bank has said bank customers can withdraw money from any of its Automated Teller Machines (ATM) without being charged N65....

BusinessNewsUncategorized

CBN deducts N499bn from 12 banks for Loan Ratio Default

The Central Bank of Nigeria (CBN) has deducted a total of N499,175,535,097 from the accounts of 12 banks under its supervision, over their...

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Nestlé Nigeria confirms infant formula products safe, not affected by global recall‎

By Chioma Obinagwam‎‎Nestlé Nigeria has assured consumers that its infant formula products remain safe and are not part of a global recall recently...

‎NNPC’s $1.42bn, N5.57trn Debt Write-Off and Test of Nigeria’s Fiscal Governance‎

By Blaise Udunze‎‎When the Federal Government approved the write-off of about $1.42 billion and N5.57 trillion in legacy debts owed by the Nigerian...