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AfricanDominance: Access Holdings Invests $300m To Strengthen Bank’s Expansion Drive
AfricanDominance: Access Holdings Invests $300m To Strengthen Bank’s Expansion Drive Access Holdings Plc has announced its completion of a $300 million capital investment into its flagship subsidiary, Access Bank, the proceeds of which will supplement the capital needs of its African expansion strategy. In a statement released on Tuesday, Access Holdings said part of the $300 million was to boost Access Bank’s total capital ratios. According to the lender: “Over the years, the Bank has made significant strides towards attaining strong m…
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Stanbic IBTC Set To Hold 6th Edition of Youth Leadership Series
Stanbic IBTC Set To Hold 6th Edition of Youth Leadership Series Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced that the 6th edition of its annual Youth Leadership Series (YLS) will hold on 6 April 2023. The theme for this year's edition is "Winning in Career and Business. YLS is a flagship initiative of Stanbic IBTC designed to foster leadership skills and inspire young people to impact their communities positively. The programme empowers youths to learn, network, and develop the skills necessary to thriv…
Nestlé Sustainability Training for Kids enters its third season
Nestlé Sustainability Training for Kids enters its third season Picture: Sustainability Training 2 – Cross section of pupils from Gadonasko Science Primary School and Dobi Primary School, both in Gwagwalada Abuja, at Ecobarter - a sustainable waste management and solutions company in Abuja on an excursion for further exposure on recycling, upcycling and more practical sessions. Picture: Sustainability Training – (L to R) David Solarin, Director, Water Regulatory Enforcement and Advocacy, Ogun State Ministry of Environment ; Jokotade Agb…
Dangote demonstrates use of Cement variants at Enugu Fair
Dangote demonstrates use of Cement variants at Enugu Fair From left, Regional Sales Director, South East, Dangote Cement, D r Abayomi Shittu; V ice P resident T ra de F air Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), Chief Nnonye Osakwe; V ice president Publicity, Dr. Emma Nwankpa and Dangote Cement Coordinator, Artisans Training, Mr Johnson Olaniyi at the practical demonstration of the uses of Dangote Falcon Cement. As part of its public enlightenment programme, Dangote Cement has demonstrated how…
Moruf Oseni takes over as the MD/CEO of Wema Bank Plc
Moruf Oseni takes over as the MD/CEO of Wema Bank Plc · Appointments of Wole Akinleye as Deputy Managing Director, and Tunde Mabawonku as Executive Director also approved by the CBN Wema Bank Plc hereby announces Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023. After serving in acting capacity since January 1, 2023, Oseni will be succeeding Ademola Adebise, following approval by the Central Bank of Nigeria (CBN). Oseni's journey with Wema Bank began in 2012 when he joined as …
Union Bank and CIG Motors Announce Partnership
Union Bank and CIG Motors Announce Partnership Photo caption: From L-R: Joe Mbulu, Chief Financial Officer, Union Bank; Chief Diana Chen, Chairman/Chief Executive Officer, CIG Group; Mudassir Amray, MD/CEO, Union Bank; and Dr. Ramanathan Murugesan, Chief Finance Officer, CIG Group at the official signing ceremony of Drive Now, Pay Later partnership between Union Bank and CIG Group held in Lagos recently. Lagos, Nigeria - Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, …
N4.1bn Debt: Court Hears Ecobank’s Bankruptcy Suit Against Otudeko July 4 Debt: Court Hears Ecobank’s Bankruptcy Suit Against Otudeko July 4
N4.1bn Debt: Court Hears Ecobank’s Bankruptcy Suit Against Otudeko July 4 Debt: Court Hears Ecobank’s Bankruptcy Suit Against Otudeko July 4 The Federal High Court in Lagos has adjourned further proceedings until July 4 in the bankruptcy suit filed by Ecobank Nigeria Limited to recover an alleged debt of N4.1bn from the Chairman of Honeywell Group, Dr Oba Otudeko. The case was adjourned on Tuesday at the instance of the court based on heavy workload. However, Ecobank’s counsel, Mr Kunle Ogunba, SAN, expressed reservation on the adjournme…
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