Access Bank Plc,Wednesday said it will raise Tier 2 capital of $250 million (N90 billion) to strengthen its capital base ahead of its merger with Diamond Bank. Meanwhile the post merger entity will lead to annual cost savings of N30 billion, to be derived from consolidation of support functions and processes, the benefits of scale, […]
Appointment of Duroha as Substantive MD/CEO NOVA Merchant Bank
APPOINTMENT OF SUBSTANTIVE MD/CEO The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive Managing Director/Chief Executive Officer The Board’s confirmation made at its meeting of Thursday, December 6, 2018, is subject to the approval of the Central Bank of Nigeria. Mr. Anya Duroha has been in Acting […]
NSE Announces its Sustainability Disclosure Guidelines (SDG)
In fulfilment of its desire to champion sustainable capital market practices in Africa, The Nigerian Stock Exchange (NSE ) has announced that its Sustainability Disclosure Guidelines (the ‘Guidelines’) has been approved by The Securities Exchange Commission (SEC). According to the release,the Nigerian Stock Exchange recognizes that the promotion of Environmental, Social and Governance (ESG) principles […]
Baywood Foundation Chairman Says: Dont Blame The Youths
The Chairman, Baywood Foundation, Emperor Ibe Baywood has said instead of blaming the youths for various inadequacies,they should be involved in policy making decisions that will shape their future, which is the case in developed countries. He maintained that if the country refuses to accept that our youths are solid assets for future growth, it […]
Heirs Holdings Moves to scale its Energy Investments Signs $600 million Facility Deal with Afrexim Bank
As a demonstration of the African Export-Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim recently signed financing facilities to the tune of US$600 million with the Heirs Holdings Group. Heirs Holdings is a pan-African proprietary investment holding company with investments across Africa, in the […]
Desarrollar Partners with Top Firms to Improve Real Estate Solutions
Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo and The Lodt Legal Partners to improve real estate services and solutions. The partnership which was signed on Monday, in Lagos, will unveil Nigeria’s most secure and institutionalized […]
YOSEDAF Endorses Jimi Agbaje for Governor Lagos
The Yoruba Self-Determination Forum(YOSEDAF)has thrown their weight behind Peoples Democratic Party (PDP)candidate,Mr Jimi Agbaje in the forthcoming federal election.The group said the are behind Agbaje because he is the only candidate that can free Lagos from the current domination of the state by one man. According to its leaders,Evangelist Kumle Adesokan and Kola Are who […]
Applications for Tony Elumelu Foundation Entrepreneurship Programme 2019 Opens on TEFConnect.com
On the 1st of January 2019, at 12am, WAT, the Tony Elumelu Foundation will begin accepting applications for the fifth cycle of its Entrepreneurship Programme. 1,000 selected applicants will join the current 4,470 beneficiaries of the Programme. According to a release from UBA Since 2015, the TEF Entrepreneurship Programme – the only African-funded entrepreneurial catalyst […]
The Nigerian Stock Exchange ( NSE) is hosting the 2018 edition of its Exchange Traded Products (ETPs) conference tagged – Exchange Traded Products: Evolving investment themes, Accessing New Markets and Enhancing Portfolio Alpha. The event is holding today at Oriental Hotel, Lekki Road – Lagos. The conference will address Investors, Fund Managers, Regulators, and Capital […]
ASEA Holds first African Exchanges Linkage Project roundtable meeting for Brokers
The African Securities Exchanges Association (ASEA ) recently held the first African Exchanges Linkage Project (AELP) roundtable meeting for brokers on the sidelines of the 22nd Annual ASEA Conference hosted by the Nigerian Stock Exchange (NSE) at the Oriental Hotel in Lagos, Nigeria. The theme of the conference “Champions on the Rise: Africa’s ascension to […]