Access Bank Plc convened leading policymakers, business executives, and industry stakeholders in Cape Town for the maiden Africa Trade Conference, a platform dedicated to unlocking the continent’s vast trade potential. The conference serves as a strategic response to the shifting global trade landscape, emphasising Africa’s need to build […]
Category: Corporate Stories
Corporate Stories
Lagos Approves FirstBank’s 40-Storey Headquarters At Eko Atlantic City
The Lagos State Government has officially granted approval to FirstBank Group for the construction of its state-of-the-art, eco-friendly headquarters in Eko Atlantic City. Governor Babajide Sanwo-Olu presented the certificate of approval during a groundbreaking ceremony held on Wednesday, marking the commencement of what will be Nigeria’s tallest building. […]
DMO Reappoints Stanbic IBTC Stockbrokers Official Federal Government Stockbroker
The Debt Management Office (DMO) of Nigeria has reappointed Stanbic IBTC Stockbrokers, a subsidiary of Stanbic IBTC Holdings Plc as the Government Stockbroker to the Federal Government of Nigeria. The company in a statement said the reappointment underscores the firm’s unwavering commitment to excellence; consistency in delivering […]
Dangote Cement’s Manufacturing Costs Hits ₦1.65trn In 2024
Dangote Cement’s Manufacturing Costs Hits ₦1.65trn Amid Rising Energy Prices Dangote Cement Plc has reported a sharp increase in manufacturing costs, which rose by 63.5 per cent to ₦1.645trn in the 2024 financial year, up from ₦1.006trn in 2023. The surge was largely driven by the devaluation of […]
FG Canvasses For More Women Participation in Capital Market ……As SEC launches Podcast
As the world marks International Women’s Day, Nigerian women have been encouraged to explore investment opportunities in the capital market as a pathway to wealth creation. The Minister of State for Finance, Dr. Doris Uzoka-Anite, made this call during the official launch of the Securities and Exchange Commission […]
Nestlé Posts N150bn From Revaluation Model For Lands, Others
Nestlé Nigeria Plc has reported a net revaluation gain of N150bn following the adoption of a revaluation model for its lands, buildings, plants, and machinery in March 2024. This transition from cost accounting significantly impacted the company’s financial position, reflecting the gain in its Statement of Comprehensive […]
Allen Onyema Conferred With Honorary Doctorate By FUOYE
The Federal University Oye-Ekiti (FUOYE) at its 9th Convocation Ceremony conferred Doctor of Business Administration (Honoris Causa) on the Chairman and Founder of Air Peace, Dr. Allen Ifechukwu Onyema. According to a statement from the Head, Corporate Communications, Air Peace Limited, Dr. Ejike Ndiulo, the distinguished honour […]
We Have Reduced Timelines to Speed up Growth – SEC DG
The Securities and Exchange Commission (SEC) has said the Commission has reduced time to market in its bid to ensure that the capital market is now more efficient and better positioned to aid the development of the Nigerian economy. The Director General of the SEC, Dr. Emomotimi Agama, who stated […]
VFD Group Commits N5bn Into V Bank To Drive Digital Banking Growth
VFD Group Plc has injected N5bn to its subsidiary, VFD Microfinance Bank’s (V Bank) Expansion and Financial Inclusion, a move aimed at accelerating the bank’s growth and strengthening its position as a leading player in Nigeria’s digital banking space. In a written resolution sent to the Nigerian Exchange […]
Access Bank Restates Commitment to Community, Sustainability at 10th Access Bank Lagos City Marathon
Access Bank Plc has celebrated the 10th anniversary of the Access Bank Lagos City Marathon last Saturday, highlighting the platform’s ability to foster unity, promote healthy lifestyles, and showcasing African excellence on the global stage. Since its inception in 2016, the marathon has evolved into a premier event, attracting […]