Empowering Tomorrow’s Leaders: VFD Group’s Perspective for Vision 20
In a world brimming with untapped potential, the need to nurture and empower our youth has never been more pressing. VFD Group, a leading proprietary investment company, recognizes the importance…
Nigeria’s Central Bank raises minimum capital requirement for banks to ₦500bn
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has announced new capital requirements for banks. Commercial banks with international authorization are now required to maintain a minimum capital…
Access Holdings to secure $1.5bn, N365bn of capital through bonds and rights issues
Kayode Ogunwale Access Holding Plc, the holding company of Nigeria’s biggest lender, Access Bank, is seeking shareholders’ approval to launch a capital raising program. The program aims to raise…
Governor Adeleke Set to Revive Osun Technical Colleges, Visit Innovation Hub, Abuja
Governor Ademola Adeleke has vowed to revive the abandoned upgrading project for the nine technical colleges in Osun state, requesting the consultant to mobilise the state for the completion of…
Road Construction: LASG Signs Mou With FAAN
In a significant step towards enhancing infrastructure development, the Lagos State Government, through the Office of Public-Private Partnerships and the State Ministry of Works and Infrastructure, has established a partnership…
VFD Group is considering SplitXchange as an alternative finance option for the creative industry.
L-R, Vice Chairman, Capital Market Correspondents Association of Nigeria (CAMCAN), Friday Ekeoba; Managing Director of Splitar Limited, Folagbade Adeyemi; Chairman CAMCAN, Chinyere Joel-Nwokeoma; and Head Marketing & Corporate Communications of…
MPC raises MPR by 200 basis points
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has increased the benchmark interest rate by 200 basis points to percent. This decision was made during the second MPC meeting…
Access Bank & KCB Group Sign Binding Offer on Acquisition of National Bank of Kenya
Access Bank PLC and KCB Group PLC (KCB) have today signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya Limited (NBK) from KCB. The successful…
Zenith Bank Appoints Adaora Umeoji As Its First Female GMD/CEO
Adaora Umeoji Zenith Bank has named Adaora Umeoji as its first female Group Managing Director/Chief Executive. Her appointment, subject to the approval of the Central Bank of Nigeria, takes effect…