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Tag Archives: Access Bank

Puchercos reveals why Lafarge Africa earned membership of NSE Premium Board

Lafarge Michel Puchercos

The managing director of Lafarge Africa Plc., Mr. Michel Puchercos has given fresh details on the company’s successful journey to earning the prestigious member of the Nigerian Stock Exchange (NSE) premium board membership. In his comments shortly after the induction at the Exchange on Monday, he revealed that “Lafarge Africa adopted the LafargeHolcim Code on Ethics and Business Conduct which ...

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Nigerian Stock Exchange upgrades Access Bank, UBA, Lafarge, Seplat to premium board

NSE AGM

The Nigerian Stock Exchange (NSE) on Thursday made public plans migrate leading stocks including Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board on Monday, April 16, 2018. This, according to the Exchange, is sequel to their applications’ compliance with the Exchange’s listing requirements for the board. Business ...

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Neconde files arbitration case against Shell over continued withholding of remittances

Neconde Energy

Key indigenous play in Nigeria’s oil and gas industry, Neconde, has instituted an arbitration case against Royal Dutch Shell as it continues to lift crude and failed to remit funds after a lease on an oil field had been sold. The oilfield in question, Oil Mining Lease (OML) 42, is also at the centre of corruption allegations. Shell filed a ...

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Access Bank deepens technology driven services with ‘PayAttitude Digital’

Access AFF 99

Riding on the star performance of ‘PayWithCapture’, launched few years ago, Access Bank Plc has joined forced with PayAttitude and Unified Payments to invent another payment solution christened ‘PayAttitude Digital’. The solution is designed to allow Access Bank merchants/customers to receive payments using their mobile phone numbers across different e-payment channels, according to a statement. This made the inventors to ...

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CBN, banks’, in aggressive financial inclusion drive with 500,000 agent networks

CBN Godwin-Emefiele

The Central Bank of Nigeria (CBN) has sealed a partnership understanding to collaborate with banks and Mobile Money Operators (MMOs) to deepen Financial Inclusion in Nigeria. Business Hilights gathered Wednesday that already, about 10 MNOs and super agents will, any moment from now, start deploying financial services agents’ outlets across the country. Among the ten pre-qualified CBN-licensed operators include Capricorn ...

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Two Nigerian banks, Access, GTB on strong footing, Fitch affirms

Access B outlook

Two leading money deposit banks in Nigeria, GTBank and Access Bank have rated and given clean bill of health by Fitch Rating in London. Whereas the Guaranty Trust Bank Plc’s (GTB) Long-Term Issuer Default Rating (IDR) has been affirmed at ‘B+’ with Negative Outlook by Fitch Ratings, Access Bank Plc’s Long-Term Issuer Default Rating (IDR) is placed at ‘B’. Access ...

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Ikahbomeh sees Access Bank/Lagos City Marathon budding long distance runners

access-wigwe

More sports men and women have continued to hail Access Bank in its continued sponsorship of the yearly Access Bank/Lagos City Marathon, saying the social investment will grow Nigeria’s athletes in distance running to fruition. On Wednesday, Coach Isaac Ikahbomeh in an interview said the event remains a right step and build up to the country’s budding distance runners would ...

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CBN, Access, UBA, Fidelity, Zenith, others line up for Jo’burg Exchange honours

JSE logo

More than half of Nigerian commercial banks have been nominated for the Johannesburg Stock Exchange (JSE), in South Africa over their innovative performances in 2017. Banks of Africa is an initiative to recognise and promote financial service excellence across the continent. It is dedicated to celebrating outstanding achievements in financial marketing and communications. The awards tagged: ‘Banks of Africa Advertising ...

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Why Access Bank is promoting Fintechs disruptions in banking

Access Bank 33

Clear explanatory details emerged on Thursday in Lagos at the first edition of the Access Bank driven Africa Fintech Foundry (AFF) Conference where experts and the bank rolled out gains of emerging disruptions powered by financial technologies (Fintechs) in traditional banking. Before now, financial solutions providers in the global financial services sector are facing stiffer competition from new players in ...

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Naira depreciation suffocating major banks, ICT, oil sectors—Report

Afrinvest Ike Chioke

The recently released 2017 Nigerian Banking Sector Report; “Nigeria Reopens for Business”, which will be launched by Central Bank of Nigeria (CBN) Governor Godwin Emefiele at the London Stock Exchange (LSE) on Friday has revealed that ongoing naira depreciation has squeezed major financial institutions, investment drive of oil and gas and ICT sectors. Afrinvest West Africa, an independent investment banking ...

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