Business

Access Bank Plc has notified shareholders of moves by its Zambian subsidiary to acquire Cavmont Bank Limited, a subsidiary of Capmont Capital. In a notice published on the Nigeria Stock Exchange website, Access Bank said there is no certainty that a transaction would be agreed

The Skyway Aviation Handling Company PLC (SAHCO) has conducted her 2020 Annual General Meeting (AGM) at the SAHCO Complex, Murtala Muhammed International Airport, Ikeja, Lagos. The AGM was conducted in accordance with the guidelines issued by the Corporate Affairs Commission (CAC) on the conduct of

Operator of the Lagos Bus Rapid Transit (BRT) says it has secured approval to increase its fares across all routes with effect from Friday to keep serving the people. The News Agency of Nigeria (NAN) had earlier reported that the BRT operator had withdrawn its

The Federal Airports Authority of Nigeria (FAAN) said it may not be able to pay full salary of staff as from May 2020 until the industry returns to normalcy. This is due to the dwindling revenues occasioned by COVID-19 pandemic. The agency however assured that

Critic, Femi Fani-Kayode has berated the Managing Director of Access Bank, Herbert Wigwe for sacking hundreds of staff after giving the Federal Government N1 billion to fight Coronavirus. Access Bank had given the Federal Government N1 billion to wage war against Coronavirus. But the bank,

Forty-six staff of Gotel Communications, a media outfit owned by Nigeria's former Vice President, Atiku Abubakar, have been sacked by the organisation. Gotel Communication is a television and radio broadcast conglomerate transmitting from Yola, the Adamawa State capital. The affected staff were handed their respective

Access Bank GMD, after donating N1.5b to the Federal Government has concluded plans to lay off more than 50% of its workers across the country. Why donate to the government only to turn back to sack the staff? Money donated to the FG, should have

Nigerian Electricity Regulatory Commission (NERC) said there will be no increase in electricity tariff for end-use customers until July. NERC had in a December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020 disclosed that it would increase

The Council on Foreign Relations has cancelled a roundtable called “Doing Business Under Coronavirus” scheduled for Friday in New York due to the spread of the infection. CFR has also cancelled other in-person conferences that were scheduled from March 11 to April 3, including roundtables

The National electricity regulatory commission, NERC, has directed all the 11 electricity distribution companies in the country to stop billing consumers who have not been metered, more than 1,800 a month. There has been a public outcry from consumers in the country, over outrageous bills