Access Bank Appoints Uche Orji as Independent Non-Executive Director Lagos, Nigeria - January 31, 2025: Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’). This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board. Mr. Orji is a renowned investment…
Fidelity Bank Partners NIYEEDEP to Empower 6million Youths Leading financial institution, Fidelity Bank Plc, has announced its selection as one of the partner banks for the Nigeria Youth Economics Engagement and De-Radicalization Programme (NIYEEDEP)”. NIYEEDEP (Nigerian Youth Economic Engagement and De-Radicalization Programme), is an initiative of the Federal Ministry of Youth Development, in collaboration with the Nigerian Senate, through its committee on Sports Development. The primary aim of the initiative is to empower Nigerian Youths fo…
ADVERSE EFFECTS OF HIGH INTEREST RATE SPREADS ON THE NIGERIAN ECONOMY By Mustafa Chike Obi & Adetilewa Adebajo Introduction The interest rate spread is the difference between the interest rates charged on loans and the interest rates paid on deposits. This has been an area of concern since the Nigerian banking liberalisation regime. The unusually wide spreads in comparison to regional and global banking institutions, suggests there are intrinsic and systemic inefficiencies within the Nigerian banking system and distortions in the economy…
Airtel CEO Reaffirms Commitment to Excellent Service Experience Following Tariff Adjustment Approval LAGOS-JANUARY 30, 2025: Airtel Nigeria, one of the country’s top telecommunications providers, has reaffirmed its commitment to delivering superior customer service following the Nigerian Communications Commission’s (NCC) recent approval of a 50% tariff adjustment across the industry. The NCC, in addition to approving the new tariff, also mandated that operators meet all quality-of-service (QoS) benchmarks in providing service to customers. Ai…
Aburime Extols Soludo's Holistic Approach to Anambra Security, Calls for Public Appreciation of Strategic Thinking Governor Charles Soludo's excellent approach to tackling the security challenges in Anambra State has been commended by his Chief Press Secretary, Christian Aburime, who urged Nigerians to value strategic thinking over quick fixes. Aburime said that while Governor Soludo faced intense criticism from opposition politicians and religious figures regarding the state's security challenges, he remained focused on taking a h…
CNN’s Marketplace Africa meets Chidi Ajaere In the latest episode of Marketplace Africa, CNN highlights the work of Chidi Ajaere, the Executive Chairman of Greatman Legend. The company started as a homegrown logistics business in Nigeria and has grown into a broader technology conglomerate operating out of multiple countries. Formerly known as the GIG-Group, Ajaere begins the interview by explaining the development of his company, “We've grown from a small transport company run out of just Benin, Asaba, and Lagos. And we have metamorphosed…
Fidelity Bank Chairman, Chike-Obi Honoured with Lifetime Achievement Award For his exceptional leadership and contributions to banking and finance, the Board Chairman of Fidelity Bank Plc, Mr Mustafa Chike-Obi, has been presented the Lifetime Achievement Award at the Thisday Awards. At a well-attended event featuring leaders across Nigeria’s public and private sectors, the erudite banking professional joined a host of awardees who were recognized for their leadership across various sectors of the economy. Lauding the event organisers for the …
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