BUSINESS

Finance Minister, Wale Edun’s Chapel Hill Denham, others get lucrative contracts to advise Nigeria on $1bn eurobond to meet spending needs

Daily Dispatch March 15, 2024

Nigeria has hired investment banks, including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. to advise it on the West African nation’s first eurobond issue since 2022, according to people familiar with the deal. Bloomberg reported on Thursday that the size of the eurobond

BUSINESS

Access Holdings appoints Aig-Imoukhuede as Chairman

Daily Dispatch March 13, 2024

The Board of Directors of Access Holdings PLC. has appointed the pioneer Group Managing Director/CEO of Access Bank Plc., Mr. Aigboje Aig-Imoukhuede (CFR) as its Non-Executive Chairman. Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the erstwhile Chairman of the HoldCo, who remains on the Board as an Independent Non-Executive Director. The holdco in a statement by the […]

BUSINESS

ECOWAS takes steps to remove bottlenecks in palm oil industry in West Africa

Daily Dispatch March 13, 2024

Economic Community of West African States (ECOWAS) has taken a step to boost the production of palm oil and its sales in the subregion with a convocation of the meeting of stakeholders to evolve strategies to end the bottlenecks of the industry. Speaking at the Meeting of the Free Movement of Palm Oil under the […]

BUSINESS

UBA, African Guarantee Fund, Create Synergy to Support SMEs Across Africa

Daily Dispatch March 12, 2024

The African Guarantee Fund (AGF) and United Bank for Africa (UBA) on Monday signed a partnership that ensures that UBA provides $100 million in new loans to Small and Medium Enterprises (SME) and business owners across the 20 African countries where the bank has a presence in Africa. The AGF under this agreement will support […]

BUSINESS

NNPC Ltd solicits EFCC’s support in fight against crude oil theft

Daily Dispatch March 12, 2024

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC) to help tackle the menace of crude oil theft in the country. The Group Chief Executive Officer of the company, Mr. Mele Kyari, made the appeal at an interactive session with the EFCC’s helmsman, Mr. Ola Olukoyede, […]

BUSINESS

UK in Hunt for Start-up Companies

Daily Dispatch March 11, 2024

The United Kingdom’s Department for Business and Trade (DBT) is on the hunt to unearth the most promising tech start-up companies across the world through the Unicorn Kingdom: Pathfinder Awards. A statement on Monday by the Senior Press & Public Affairs Officer | Comms Lead, Prosperity and Economic Development, Foreign Commonwealth and Development Office | […]