Business/Economy

Otedola Acquires Additional N17.2bn Worth of FBN Holdings’ Shares, Now Holds 11.64% Stake CHIGOZIE  AMADI The Chairman of FBN Holdings Plc, Mr. Olufemi Otedola, has purchased an estimated N17.2billion worth of shares in the holding company...

•Says monetary policy shouldn’t be only game in town to fix economy CHIGOZIE AMADI A member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), Dr. Aloysius Uche Ordu, has said the country needed...

InfraCredit Gets $15m Infrastructure Financing Facility from AfDB Chigozie Amadi InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, has announce the successful completion of a $15 million subordinated unsecured 10-year facility with the African Development...

Fidelity Bank: On the Path to Becoming Global Lender Chigozie Amadi The ongoing N127 billion capital raising exercise, Fidelity Bank Plc is eying new opportunities and is on the path to  better performance as a global...

GTCO, UBA Top Others as Most Profitable Lenders by RoE in 2023FY CHIGOZIE  AMADI On the backdrop of impressive earnings, Guaranty Trust Bank Holding Company Plc (GTCO) and United Bank for Africa Plc (UBA) outpaced other banks as...

Liquidity Pressure: Banks Borrow N3.76tn from CBN in Three Weeks CHIGOZIE AMADI Following monetary rates tightening by the Central Bank of Nigeria (CBN), which has led to illiquidity in the banking system, banks and merchant banks...

CHIGOZIE AMADI In order to uphold trust placed in the Nigerian banking industry, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), has challenged its members to constantly uphold ethical standards and principles guiding their...

‘FG Will Reap Unlimited Benefit from TMP Establishment’ CHIGOZIE  AMADI President of the Nigerian Association of Master Mariners, Tajudeen Alao has said that the Federal Government’s Trade Modernisation Project (TMP) will stimulate quicker cargo clearance at...

AGL Launched, Unveils Strategic Pillars for Transformation, Growth CHIGOZIE AMADI Africa Global Logistics (AGL), the leading logistics solutions provider in Africa, has been formally launched in Lagos with the company unveiling its strategic plans for transformation...

CHIGOZIE  AMADI Global aerospace and aircraft manufacturing company, Airbus, has released an analysis detailing several key unserved African routes which could provide greater connectivity for travellers, drive economic growth in local economies, and provide a significant boost...