Access Bank seeks to buy Zambian bank

Access Bank Plc has commenced an exclusive discussion towards full acquisition of Cavmont Bank Limited, a Zambia-based financial institution. Access Bank is seeking to consummate the acquisition through its Zambian subsidiary, Access Bank Zambia Limited. In a regulatory filing at the Nigerian Stock Exchange (NSE), Access Bank stated that it […]

COVID-19: NNPC recorded N9.53bn trading deficit in March

The Nigerian National Petroleum Corporation (NNPC), on Wednesday, announced a trading deficit of N9.53 billion in its operations for March 2020, representing a sharp decline compared to the N3.95 billion surplus recorded in February 2020. In a statement in Abuja, Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, […]

Firm upgrades lecture halls at UNILAG

 Endows $10k prize for best student Platform Capital, a company has renovated and handed over three lecture halls to the Executive MBA programme of the University of Lagos Business School (ULBS). The firm’s Chairman, Dr. Akintoye Akindele, also pledged a $10,000 prize to the best graduating student of the Executive […]

Arthur Mbanefo donates research centre to UNILAG

A former diplomat, Chief Arthur Mbanefo, has donated a research centre fitted with a digital library to the University of Lagos (UNILAG). The facility named the Arthur Mbanefo Digital Research Centre (AMDRC) was bequeathed to the university Friday, last week as part of activities to celebrate the donor’s 90th birthday. […]

Kaduna Refinery generated zero revenue in 2018, incurred 65bn loss – NNPC report

The Kaduna Refining and Petrochemical Limited (KRPC) generated no revenue in 2018, the first audited financial statements of the Nigerian National Petroleum Corporation (NNPC) after 43 years of its operation have shown. Details of the report showed that the refinery, however, incurred an operating loss of N64.5 billion, throwing up concerns […]

Edo Poly wins Canadian govt’s grant for gender, STEAM research

The Edo State Polytechnic, Usen, has won a research grant for an explorative research programme aimed to advance gender equality in Science, Technology, Engineering, the Arts and Mathematics (STEAM). The programme is funded by Canada’s International Development Research Centre (IDRC) and is to be implemented in collaboration with Carleton University […]

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