Access Bank a Bank with a rigorous, disciplined capital plan—Wigwe
The Group Managing Director/CEO of Africa’s largest bank, Access Bank Plc, Herbert Wigwe, has revealed that his institution remains a Bank with a rigorous and disciplined capital plan. In his remarks on the successful outing of the bank on issuing…
Heritage Bank’s Training Institute equals CBN’s standard, gets CIBN nod
Heritage Bank Plc’s training school popularly referred to as “The Refinery” for new entrant staff has been accredited by the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN). The training school supervised by the Bank’s Human Capital…
AfDB seeks shift from youth empowerment to investments at TEFEF 2019
The President of African Development Bank (AfDB) and former reformist Nigerian Minister of Agriculture, Dr Akinwunmi Adesina, Saturday called on African governments, corporate citizens and foundations to shift focus from youth empowerment to investing in African youths. Speaking as a…
Access Bank, GE Healthcare team up to finance Nigerian healthcare providers
Leading largest financial institution in Africa and Nigeria in particular, Access Bank and GE Healthcare are to provide sustainable healthcare equipment financing to private healthcare providers; the partnership will help the private healthcare providers to deliver access to affordable healthcare…
How one-good-turn influenced Ekwueme, Balogun and legendary FCMB
During the Nigeria-Biafra civil war, many Igbo people fled other parts of the country for the East. Many abandoned their homes, properties, and businesses for safety. Of them, was a young Igbo architect who had a young Yoruba banker as…
Analysts weigh survival chances of three new commercial banks
Whereas the Central Bank of Nigeria (CBN) recently issued operating licence to three new banks to operate in the country, industry experts have started looking at survival options available to the three new entrants including Titan, Globus, Taj banks. Some…
CEO Duality: NASS needs to expunge clauses undermining CBN’s autonomy
By Uche Uwaleke The CEO duality is a situation in which the Chief Executive Officer is simultaneously the Chairman of the Board of Directors. This is the current position in the Central Bank of Nigeria where Section 6 (2) of…
DMO floats 2nd ₦100bn, 7-Year, FGN Sukuk due to mature in 2025
Debt Management Office (DMO) of Nigeria on Tuesday, July 23, 2019, listed on the Nigerian Stock Exchange (NSE), the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743%, a…
Hostilities in aviation sector come in different ways, types—Air Peace Chairman
The Chairman and Chief Executive Officer of Air Peace Airline, Mr Allen Onyema, has further opened up on the real challenges of indigenous carriers revealing that “There are different types and kinds of hostilities in the sector.” While acknowledging that…
Expert hails CBN over freezing interests on N800b oil marketers’ NPLs
Henceforth, commercial banks who had been deceiving their balance sheet by way of computing interests on the over N800b oil marketers’ non-performing loans (NPLs), will halt the illicit debt pile up. This is coming in compliance with a Central Bank…
