Access Bank Plc on Wednesday said it has entered into an agreement to acquire the entire 83.4 percent equity stake held by Centum Investment Plc, a Kenyan-based investment company, in…
Read More Access Bank to acquire Kenya’s Sidian Bank for N15bn
Category: Economy
NCAA presents operating license to Nigeria Air
The Nigerian Civil Aviation Authority (NCAA) on Monday presented an Air Transport License (ATL) to the interim management of Nigeria Air. Nigeria Air is the country’s proposed national carrier, led…
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NNPC directed to implement ECOWAS-Morocco-Europe gas pipeline by FG
By our reporter| The Nigerian National Petroleum Corporation (NNPC) has been directed by the federal government to implement a deal on a gas pipeline to Europe through Morocco. Africa’s gas…
Read More NNPC directed to implement ECOWAS-Morocco-Europe gas pipeline by FG
IMF warns debt servicing may take all of Nigeria’s revenue by 2026
Report| The International Monetary Fund (IMF) has warned that Nigeria may spend almost 100 percent of its earnings on debt serving by 2026. According to the bank, the country currently…
Read More IMF warns debt servicing may take all of Nigeria’s revenue by 2026
Zenith Bank redeems $500 million Eurobond due May 2022
Zenith Bank Plc has redeemed the balance of $107 million of its $500 million Eurobond Notes due May 30, 2022. In a statement obtained from the Nigerian Exchange Limited (NGX)…
Read More Zenith Bank redeems $500 million Eurobond due May 2022