Access Bank PLC and KCB Group PLC Sign Binding Offer on Acquisition of National Bank of Kenya (NBK) Access Bank PLC and KCB Group PLC (“KCB”) have today signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya Limited (“NBK”) from KCB. The successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt all regulatory approvals from, amongst others, the Central Bank of Kenya, the Central Bank of Nigeria, the COMESA Competition Commission, a…
FUOYE blames student’s death on SSANU strike The Federal University, Oye Ekiti, has blamed the death of a student of the institution, who was asthmatic, on Tuesday morning on the “insensitivity” of the striking members of the Senior Staff Association of Nigeria Universities, which led to the closure of the institution’s clinic. FUOYE Vice Chancellor, Prof. Abayomi Fasina, accused SSANU of feeding its national leadership with lies about the university, which allegedly led the national leadership to direct the union in institutions in Ondo, O…
Subsidy removal: FG, states, LGs allocations hit N10.14tn The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by the three tiers of government in 2023 to N10.14tn. Data released on Tuesday by the Nigeria Extractive Industries Transparency Initiative in its latest report on the Federation Account revenue allocations for the year 2023, showed that the amount shared by the federal, state and local governments increased by N1.93tn last ye…
DAME (DR.) ADAORA UMEOJI NAMED ZENITH BANK GMD/CEO Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN). She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after a very successful tenure. Dame (Dr.) Adaora Umeoji is the first female GMD/CEO since the inception of the bank, and her appointment is consistent with the bank’s executive transition tradi…
At Polaris Bank IWD Webinar, Guest Speakers Advocates Empowering Opportunities for Women …as CEO, Kayode Lawal highlights the indispensable contributions of women to societal progress, economic development L-R: Guest Speaker, Solape Akinpelu; Polaris Bank's Managing Director/CEO, Kayode Lawal; another Guest Speaker, Dr. Ifeyinwa Nwakwesi; and Group Head, Customer Experience & Value Management at the International Women's Day (IWD) Webinar hosted in Lagos recently by Polaris Bank. Lagos, Nigeria: March 15, 2024 – Polaris Bank'…
Dangote lauds Lagos Govt. on consumer rights advocacy …says, manufacturers must focus on consumers’ rights. The Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), Hajia Fatima Aliko Dangote, on Friday lauded and congratulated the Lagos State Consumer Protection Agency (LASCOPA) on the successful hosting of the 2024 World Consumer Rights Day, noting that consumers have the right to accurate, transparent, and easily understandable information about products and services. Speaking at the event, Fatima Alik…
False, fictitious charges against Yahaya Bello: EFCC executing political agenda, not fighting corruption - Kogi Govt . Calls on President Tinubu to probe EFCC's activities in Kogi, unveil 'political hawks' writing over ambitious scripts. The Kogi State Government has once again told the Economic and Financial Crimes Commission to come clean on the reason behind its unrelenting persecution and media trial of the immediate past Governor of the state, Yahaya Bello, saying that the world would be eager to know why the Commission i…
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