NGX Group, Capital Market Community visit Ogunbanjo, Wigwe’s Families
Representatives of the board and management of Nigerian Exchange Group (NGX) and key stakeholders from the capital market community paid condolence visits to the families of late Bamofin Abimbola Ogunbanjo and Dr. Herbert Wigwe. Led by Alhaji (Dr) Umaru Kwairanga,…
CBN Gov., Cardoso to chair MPC
President Bola Ahmed Tinubu has appointed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as the chairman and 11 others as members of the newly constituted Monetary Policy Committee (MPC) of the apex bank. Tinubu announced the…
Fidelity Bank Extends Tenure of Onyeali-Ikpe as CEO to 2026
Board of Directors of Nigeria’s financial powerhouse, Fidelity Bank Plc has graciously extended the tenure of the Chief Executive Officer (CEO), of the bank, Dr Nneka Onyeali-Ikpe, to 2026. Mr Ezinwa Unuigboje, the Company Secretary, said this in a notification…
Fidelity Bank Floats TSF in Lagos Trade Fair complex to grow businesses
Nigeria’s leading retail banking giant, Fidelity Bank Plc., has announced the introduction of a special business promotion scheme, Trader Support Facility (TSF), tailored for business owners in Lagos International Trade Fair complex and member of Association of Progressive Traders (APT)…
Hopes of low inflation unrealistic amid deglobalization
Low inflation is a ‘pipe dream’ amid ongoing deglobalisation, warns the CEO of one of the world’s largest independent financial advisory and asset management organizations. The comments by deVere Group’s Nigel Green come as major economies are releasing their latest…
CBN forces Nigerian banks IMTOs in Naira
The decision, according to a notice to customers, follows the recently announced regulations by the Central Bank of Nigeria (CBN) on IMTOs operations. The CBN, had on January 31, 2024, revised guidelines for the operations of IMTOs. According to the…
Editorial: Can Customs Advice CBN on Exchange rate calibrations for good?
At a time the leadership of CG Wale Adeniyi is driving trade facilitation and corporate rebranding of the Service, the CBN has once again, increased the exchange rate used for calculating Customs duties at the seaports in the country. Details…
Just in: Ms. Agbede named Access Holdco Acting CEO
Following the sudden passage of its CEO, Dr. Herbert Wigwe in a US Helicopter crash Friday last week, Access Holdings Plc has made a decisive move in leadership continuity by appointing Ms. Bolaji Agbede as the Acting Group Chief Executive…
Access Holdings Plc Confirms Death of CEO, Herbert Wigwe in US
The Board of Directors of Access Holdings Plc (‘the Company’) has announced the passing of Dr. Herbert Wigwe, CFR, the Company’s founding Group Chief Executive Officer and former Group Managing Director of its flagship subsidiary, Access Bank Plc (‘the Bank’)….
AfDB pumps $540m into Nigeria’s Agro-Industrial Processing Zones
The African Development Bank (AfDB) has announced a whopping $540 million disbursement to the first batch of states that submitted applications for the Special Agro-Industrial Processing Zones. This is fantastic news for Cross River, Imo, Kaduna, Kano, Kwara, Ogun, Oyo,…
