The year 2018 has been very challenging and equally eventful for the Nigerian banking sector. Skye Bank morphed into Polaris Bank, while Access Bank and Diamond Bank are fixing the bolts and nuts of the […]
Diamond Bank Plc says all its customers across the world can now use their bank cards on Access Bank Automated Teller Machines without paying the customary N65 per transaction. The bank made this revelation on […]
ABUJA — Presidential candidate of the Peoples Democratic Party, PDP, in the 2019 election, Alhaji Atiku Abubakar, and the PDP, yesterday, questioned the motive for the inclusion of two billionaire businessmen, Aliko Dangote and Femi […]
In the whole of West Africa, Nigeria is the only producer of high-voltage cables and the sixth country to adopt the technology in the Africa.The Managing Director, Coleman Wires and Cables Limited, George Onafowokan, said […]
Singapore/Hong Kong: Mohan Vaswani’s father, who started selling textiles in 1948 from a shop the size of a shipping container in a small town in Indonesia, once told him “One day you will operate across […]
A shakeup of Nigeria’s banking industry leadership is in the works and Access Bank is again at the centre of the storm. The bank is frantically warming up for the number one position by the […]
About 25 per cent of Point of Sale transactions conducted by customers on Christmas Eve were not successful according to records from the Nigeria Inter-Bank Settlement System Plc. As of 8.13pm on Monday, the NIBSS […]
Nigerian billionaire businessman, Femi Otedola is set to sell his 75 per cent direct and indirect shareholdings in Forte Oil. This was revealed by the Nigerian Stock Exchange in a statement on its website on […]
Bankers Warehouse Limited has asked the Economic and Financial Crimes Commission to apologise and return the $2.8m seized from two of its staff at Akanu Ibiam Airport in Enugu on 20 December. The company which […]
Lufthansa Group has appointed Mrs. Adenike Macaulay General Manager, Sales Nigeria and Equatorial Guinea, to be responsible for all the commercial and sales activities of the Lufthansa Group Airlines in Nigeria and Equatorial Guinea. She […]
After months of delay, the National Bureau of Statistics, on Wednesday, finally released the Labour Statistics Report for the third quarter of this year with the unemployment rate rising from 18.8 per cent in the […]
…to gain 19 million customers from Diamond Bank Nike Popoola The Chief Executive Officer, Access Bank Plc, Herbert Wigwe, said the bank had finalised plans to raise $250m Tier 11 capital. During a press briefing […]
Small business owners say energy cost often stands out as the biggest financial burden among all the overheads they incur. Experts note that whether it is a shop, an office or a warehouse, the cost […]
The Nigerian Communications Commission is set to order mobile operators to refund more than N36bn illegally deducted from mobile telecommunications subscribers through forced subscription to Value Added Services. In a statement made available to our […]
Pascal Dozie, founder of Diamond Bank Plc, will remember December 17, 2018, as the day his bank began its journey into extinction. Once described by Forbes as the ‘Rolling Stone That’s Never At A Loss’, […]
Although strong denials greeted the initial report last month of ongoing acquisition talks between Access Bank and Diamond Bank, it is now official that both lenders are close to sealing a Merger and Acquisition (M&A) […]
The Managing Director of Promasidor Nigeria, Anders Einarsson, has said 75 per cent of raw material of the company’s new product Sunvita is sourced locally, reflecting the company’s robust backward integration programme. While speaking at […]
The Economic Community of West African State (ECOWAS) has urged member nations to invest at least 10 per cent of their annual budgets in the agricultural sector. The Speaker of the ECOWAS Parliament, Moustapha Cisse […]
Access Bank has finally acquired Diamond Bank, TheCable can report. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN). […]
Peter Obi, former governor of Anambra State and the Vice Presidential candidate of the People’s Democratic Party (PDP), Peter Obi, has underscored the trauma and frustration that characterize doing business in Apapa, Nigeria’s premier port […]
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