Nigeria’s major financial institution, Access Holdings Plc, has announced the completion of its acquisition of two additional banks in Angola and Sierra Leone. In a recent statement on the development, the bank said, ‘Further to our July 14, 2023 announcement regarding the above subject, Access Holdings PLC (‘Access Holdings’ or ‘the Company’) is pleased to […]
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As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, Tony Elumelu, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand. The agreement is a significant indication of support by the French […]
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Africa’s richest man, Aliko Dangote, has praised the Wednesday ‘s N0vember 27th grand opening of Zenith Bank in Paris, France, as a symbol of national pride to Nigeria. His words, “This bank that you have opened here is not only for you but for all of us as Nigerians,” one of the world’s richest […]
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Africa’s leading energy solutions provider listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) is pleased to announce that the Company has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024. The Africa Energy Chamber (AEC), the organisers of the annual week-long oil and gas conference, […]
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Africa’s Global Bank, United Bank for Africa (UBA) Plc, has set the wheels in motion to expand its operations in the Middle East with plan ongoing to open a subsidiary in Saudi Arabia, its largest economy. This move which is expected to happen within the next year will mark the bank’s second subsidiary in the […]
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Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure,otherwise known as the central depository of the ‘Stock Exchange’, has been honoured for its outstanding contributions to the financial services industry. CSCS received the prestigious Capital Market Infrastructure Developer of the Year award, at the 12th Business Day Banks and other Financial Institutions (BAFI) […]
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UBA’s GMD/CEO, shares insight at the just concluded annual meetings of the International Monetary Fund (IMF)/World Bank in Washington D.C. Excerpts Can you tell us about your experience so far in Washington? So far, the World Bank and IMF meetings in Washington have been positive for Nigeria. Yesterday, we attended a session where Nigeria’s Minister […]
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The Commonwealth is more relevant today than it has been in decades If there wasn’t this global alliance of mostly English-speaking nations based on common law principles, there would be a need to create one Commonwealth leaders are meeting this week on the island of Samoa for our bi-annual summit. Intense discussion over free and […]
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I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context, from Egypt to Nigeria to South Africa, we must look to the people it impacts. Too often our businesses have not created value on our […]
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Overshadowed by international crises, the International Monetary Fund (IMF) and the World Bank annual meeting is due to start on Monday in the U.S. capital, Washington. The meeting is to bring together finance ministers, representatives from the financial sector and development cooperation, as well as central bankers. The discussions, set to run until Sunday, are […]
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Africa’s Global Bank, United Bank for Africa (UBA) Plc released its audited financial results for the half year ended June 30, 2024, reflecting impressive performance across some key financial indicators. The audited financials released to the Nigerian Exchange Limited (NGX) on Monday, showed that the bank recorded double-digit growth in its gross earnings and […]
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President of Dangote Group, Aliko Dangote remains the richest man in Africa, and now the 65th richest man in the World, despite the volatility of the Nigerian currency against the dollar. Bloomberg, in its latest top 500 Billionaires Index released on Thursday, revealed that Dangote with a wealth of $28 billion had his wealth increased […]
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