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Access Bank acquires third bank in eight months, takes over South Africa’s Grobank
Access Bank logo Access Bank paid about $60 million to purchase a controlling interest in South Africa’s 74-year-old Grobank, its CEO said Tuesday, signalling the culmination of the tier 1 lender’s…
Power distributors blame allocation shortage as blackout worsens
Minister for power, works and housing, Mr. Babatunde Fashola Two of the nation’s power distribution companies, Ikeja Electric and Eko Electricity Distribution Company, have attributed the drop in power supply…
Why we have fierce political battles in Ebonyi — Umahi
Gov. David Umahi of Ebonyi has attributed the fierce political battles recorded in the state to people’s “over dependence on politics” as means of livelihood. Umahi said this on Wednesday…
Eight killed, Four injured in Kaduna by Bandits
By Ngozi Onyeakusi--- The Kaduna State Government has said that suspected bandits had killed eight people and injured four others in separate attacks in Chikun, Giwa and Kajuru local government…
MTN Nigeria Offers Insurance Cover, Two Boats, For S’Eagles Benin Outing
By Ngozi Onyeakusi---- MTN Nigeria has supported the transportation of Nigeria’s Super Eagles to and from the Republic of Benin over the weekend for the Africa Cup of Nations qualifiers,…
Insurance Indu. New Corp. Governance Guidelines kicks off June 1 says NAICOM … Calls for total compliance
By Ngozi Onyeakusi--- Following plans to commence implementation of the insurance industry’s corporate governance guidelines come June 1, 2021, the National Insurance Commission (NAICOM) has called for total compliance of…
BREAKING NEWS: Libel: MFM/Olukoya Registers N500m Damages against Maureen Badejo in UK High Court of Justice
A United Kingdom High Court of Justice has registered the N500 million damages entered in favour of Mountain of Fire and Miracles Ministries and the church's general overseer, Dr. Daniel…
Fuel: Our investments under threat, oil marketers lament NNPC’s monopoly
Palpable fear has gripped major oil marketers that their multi billion Naira investments in the downstream sector are increasingly coming under intense threat over Nigerian government’s inability to grant them…
Insecurity, COVID-19 uncertainties drag FDI to $65m
Foreign Direct Investment inflow to Nigeria dropped to $65m as of the end of the fourth quarter of 2020 from $780m as of the end of third quarter. Figures obtained…
Ecobank Wins Starsight Sustainability Award 2020
Leading West African Commercial and industrial solar power and cooling provider, Starsight says Ecobank is well placed to be the market leader in the establishment of “Green Branches’ across the…
