Business - Page 24

Access Bank Partners AfriGOpay To Strengthen Nigeria’s Payment Ecosystem

Mohammed Shosanya Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the

March 30, 2023

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Shareholders Pledge Support For Access Holdings’ Rights Issue

Mohammed Shosanya Shareholders of Access Holdings Plc have expressed overwhelming confidence in the company’s growth strategy and pledged their support for the ongoing N351 billion rights issue. They conveyed this at the

July 11, 2024

Aviation·Business

Nigerian Civil Aviation Authority (NCAA)

NCAA Vows Sanction On Airlines Over False Departure Times

Babatunde Solanke The Nigeria Civil Aviation Authority (NCAA),will sanction any airline found to be involved in deceitful departure time scheduling of flights when they know they would not be flying at that

July 10, 2024

Aviation·Business

GTCO Eyes $1bn Profit

Mohammed Shosanya Guaranty Trust Holding Company (GTCO) Plc has vowed that it would become the first financial institution in Nigeria to reach a $1 billion in profit. Speaking at the ‘Facts Behind

July 9, 2024

Banking&Finance·Business

Access Holdings’ N351 Billion Rights Issue Opens For Subscription

Mohammed Shosanya Access Holdings Plc (‘the Group’), has announced the commencement of its N351 billion Rights Issue (‘the Offer’). A subset of the Group’s Capital Raising Programme aiming to generate up to

July 8, 2024

Banking&Finance·Business

NIGCOMSAT,MOMAS- EPAIL Sign Pact On Robust Communication Infrastructure

Mohammed Shosanya The Nigerian Communications Satellite Limited,(NIGCOMSAT) and MOMAS Equipment and Protective Applications International Limited (EPAIL), has announced partnership on effective communication infrastructure in order to boost national security. Signing the Memorandum

July 8, 2024

Business·IT&Telecoms

Access Holdings Opens N.351bn Rights Issue Monday

Mohammed Shosanya Access Holdings Plc, one of Africa’s financial services groups,has received approval from the Securities and Exchange Commission (SEC) for the commencement of its N351 billion Rights Issue (‘the Offer’). This

July 8, 2024

Banking&Finance·Business

NCAA Explains Suspension Of 10 Private Jet Operators

The Nigeria Civil Aviation Authority (NCAA) has suspended ten pivate jet operators over failure to commence tecertification process. The Nigeria Civil Aviation Regulations 2023 Part 18.3.4 forbids holders of PNCF from using

July 6, 2024

Aviation·Business

Access Holdings Leads In PBSI Ranking

Mohammed Shosanya Access Holdings Plc has been named the leading Tier-1 Bank in the 2024 Proshare Bank Strength Index (PBSI) report. The PBSI, which evaluates banks based on a comprehensive set of

July 6, 2024

Banking&Finance·Business

Access Holdings Plc Holds Signing Ceremony On Planned ₦351 Billion Rights Issue

Mohammed Shosanya Access Holdings Plc,Tuesday held a formal signing ceremony as part of the arrangements to raise a total of ₦351,009,103,017.25 (Three hundred and fifty-one billion, nine million, one hundred and three

July 6, 2024

Banking&Finance·Business

Interest Rate Hike Will Kill Nigeria’s Manufacturing Sector-Dangote

Mohammed Shosanya Chairman of the Dangote Group, Aliko Dangote, has faulted the hike of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). He spoke at the

July 6, 2024

Business·SME/Manufacturing

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