Access Bank records interest income decline of 8.9% y/y to N489.22bn
Access Bank released FY-20 earnings earlier in the week, showing the bank recorded growth in earnings even though it recorded an interest income decline of 8.9% y/y to NGN489.22 billion in the period under review. Analysts say it was pressured…
NSE Celebrates Aigboje Aig-Imoukhuede
The Ex-Officio, National Council of the Nigerian Stock Exchange (NSE), Mr. Aigboje Aig-Imoukhuede, was hosted to a digital Closing Gong Ceremony in celebration of his years of meritorious service and contributions to the growth of the NSE on 31 March…
Accelerex ups services in Ghana with more Digital Payment Options
Pan-African fintech company, Accelerex Ghana, has hit a new milestone, after being granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG), under the Payment Systems and Services Act, 2019 (Act 987). This makes Accelerex Ghana…
Access Bank gets SA’s regulatory nod to acquire Grobank
Access Bank Plc has announced that it received approval from South African and Nigerian regulatory authorities to acquire South African-based Grobank Limited. The bank’s expectation of 30% profit outside its Nigerian base, through a series of acquisitions in East and…
Union Bank Honours Outgoing CEO, Emuka Emuwa, welcomes Emeka Okonkwo
Union Bank of Nigeria Plc took to Nigerian Exchange Group (NGX Group) Plc’s platform to honour its outgoing Chief Executive Officer (CEO), Mr. Emeka Emuwa and introduce the incoming CEO, Mr. Emeka Okonkwo to the capital market at a digital…
Winners emerge in Heritage Bank’s ‘YNSPYRE’, Cream Platform Promo
Winners have emerged at the Heritage Bank Plc, ‘YNSPYRE’ Cream Platform Promo held in Abuja recently. CREAM Platform, Nigeria’s premiere creative reward platform officially kicked off its partnership with Heritage Bank’s YNSPYRE Initiative with the commencement of the CREAM Monthly…
Why Buhari reappointed Alex Okoh, BPE boss for another 4 years
Concerned by the need to deliver on record time, ongoing planned concessioning of several moribund national assets, President Muhammadu Buhari has re-appointed Alex Okoh as the Director-General of Nigeria’s Bureau of Public Enterprises for a second four-year term. Senior Special…
New directive on MTN Mobile Money cash out transactions worry users in Ghana
MTN Mobile Money (Momo) users in New Juaben North Municipality have expressed dissatisfaction over the network’s decision to introduce a valid ID in its cash out transaction, saying it would increase fraudulent activities. The directive is not yet introduced in…
Heritage Bank marks 2021 World Water Day with donation of boreholes
Heritage Bank Plc, last week joined the rest of the globe to celebrate the World Water Day (WWD) 2021 with plans to assist a community in dire need of clean water by installing a bore hole. The theme for this…
Nigerian-born Adeyemo becomes first black US deputy secretary of treasury
The US Senate has confirmed the nomination of Nigerian-born Adewale Adeyemo as the deputy secretary of the treasury department. The feat makes him the first African American to hold the position. Adewale Adeyemo’s appointment was confirmed on last Thursday on…
