Billionaire entrepreneur, Elon Musk said on Monday that if Apple integrates OpenAI into its operating system, he will prohibit the use of Apple products across his companies. Musk, who …
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Afreximbank supports Fidelity Bank’s UK expansion with $40m
The African Export-Import Bank has disbursed a $40m Intra-African Investment Facility to support Fidelity Bank Nigeria Plc’s acquisition and recapitalisation of Union Bank UK. The facility, provided in two …
Read More »Access Bank acquires BankABC Tanzania
Access Bank Plc has announced that it has successfully completed the acquisition of African Banking Corporation (Tanzania) Limited in line with its strategic expansion goals. Access Bank, in a …
Read More »Equity market starts week with N323bn gain
The equity market gained N323bn on Monday buoyed by appreciation by Flour Mills Nigeria, Total Nigeria, Access Holding and 27 others. At the close of trading, the market capitalisation …
Read More »FBNQuest Trustees inaugurates estate planning initiative
FBNQuest Trustees, a subsidiary of First Bank of Nigeria Holdings, has launched its Estate Planning Initiative in Ibadan, Oyo State. According to a statement made available to The PUNCH …
Read More »NERC approves new tariff hike for Port Harcourt DisCo
Amid calls that the Band A tariff hike be reversed, the Nigerian Electricity Regulatory Commission has approved a new tariff hike for the Port Harcourt Electricity Distribution Company. The …
Read More »ICAN Lekki district elects third chairman
Lekki and District Society of the Institute of Chartered Accountants of Nigeria has elected the Vice President, Business Development at Flutterwave, Olufunmilayo Olaniyi, as its third chairman. A statement …
Read More »Firms partner to empower youth with digital skills
In an effort to bridge the digital divide in Nigeria and Africa, several organisations have come together to equip youth with essential digital skills to address pressing national issues. …
Read More »CBN debunks rumors of revoking licences of Fidelity, Wema, Polaris, and Unity banks
The Central Bank of Nigeria (CBN) has dismissed rumors of plans to revoke the operating licenses of Fidelity, Wema, Polaris, and Unity Banks. According to the Acting Director of Corporate …
Read More »NGX: Investors begin week with N323bn profit
By Babajide Okeowo The week got off to a positive start for investors in the Nigerian equities market on Monday June 10, 2024 as they raked in a massive N323bn …
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