Access Bank Plc (Access) enters into acquisition agreements with Standard Chartered Bank
Access Bank Plc (Access) 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 approval of the respective local regulators and the banking regulator in Nigeria. L-R: Roosevelt Ogbonna, Group Managing Directo…
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Stanbic IBTC Bank Responds to Recent Judgment by the Competition and Consumer Protection Tribunal
Stanbic IBTC Bank Responds to Recent Judgment by the Competition and Consumer Protection Tribunal The attention of Stanbic IBTC Bank PLC has been drawn to press reports about the judgment delivered by the Competition and Consumer Protection Tribunal on 13 July 2023 in the case of Clement Osuya vs Stanbic IBTC Bank PLC. We wish to express our strong disagreement with the judgment and believe it contradicts the explicit provisions outlined in the Federal Competition and Consumer Protection Act 2018 (FCCPA) and Section 65(1)a of the Bank…
Dangote Cement Increases Capacity With New Plants In Nigeria, Cote d’Ivoire & Ghana
Dangote Cement Increases Capacity With New Plants In Nigeria, Cote d’Ivoire & Ghana …Dangote Cement to roll out new plants in Nigeria, Cote d’Ivoire & Ghana. DSC_6631: L-R: Group Chief Finance Officer, Dangote Cement Plc, Dr. Gbenga Fapohunda; Head of Primary Markets, Nigerian Exchange Limited, Tony Ibeziakor; Ag. Company Secretary, Dangote Cement Plc, Edward Imoedemhe; Group Sales and Marketing Director, Dangote Cement Plc, Rabiu Umar; Chief Executive Officer, Nigerian Exchange Limited, Temi Popoola; Group Managing Directo…
Forbes 2023 Index: Dangote Still Africa's Richest for 12th Consecutive Year
Forbes 2023 Index: Dangote Still Africa's Richest for 12th Consecutive Year … Listed among world's top 200 richest persons For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa, despite economic headwinds that affected the fortunes of half of the world's reported billionaires. Dangote, whose business flagship, Dangote Cement Plc is the largest producer of cement in Africa, is the only Nigerian in the list of first 200 richest men in th…
AVPA, Sterling One Foundation Announce Call for Applications for the Africa Social Impact Summit 2023 Deal Room
AVPA, Sterling One Foundation Announce Call for Applications for the Africa Social Impact Summit 2023 Deal Room The Sterling One Foundation and the African Venture Philanthropy Alliance have announced the upcoming ASIS 2023 Deal Room, which will take place on August 11, 2023, in Lagos, Nigeria, to connect social impact enterprises with potential investors for funding opportunities. The deal room, managed by the African Venture Philanthropy Alliance (AVPA) alongside other technical partners, presents a unique opportunity for SMEs working tow…
Breaking: Lagos Assembly Demands Constitutional Amendment To Accommodate State Police
Breaking: Lagos Assembly Demands Constitutional Amendment To Accommodate State Police The Lagos State House of Assembly on Tuesday held its first plenary since its inauguration with a call on the National Assembly to commence actions that would lead to the establishment of state police. The House also called on Governor Babajide Sanwo-Olu to urgently equip the Neighbourhood Safety Corps of the State so that its personnel could effectively perform the task of community policing. These actions, Speaker of the House, Rt. Hon. Mudashiru Obasa,…
DANGOTE GRANITE MINES OFFERS SCHOLARSHIPS TO HOST COMMUNITIES STUDENTS
DANGOTE GRANITE MINES OFFERS SCHOLARSHIPS TO HOST COMMUNITIES STUDENTS …Promises automatic employment for exemplary ones It was an atmosphere of excitement at the weekend as Dangote Granite Mines, Ijebu Igbo, a subsidiary of Dangote Group, awarded multi-million Naira scholarships to 60 host communities’ students in various schools in the country as part of its Corporate Social Responsibility (CSR) to foster educational development in its host communities. The company also promised the beneficiaries automatic employment should they excel i…
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