Banks’ Advert Spend Rose by N164m in July 2019

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

The Nigerian Content Development and Monitoring Board (NCDMB) in...

The banking entity was officially proclaimed DEAD by the Central Bank of Nigeria (CBN) in 2009. It was a mysterious and painful demise. But the soul of the bank has refused to Rest-in-Peace. Today, the living dead skeleton of the bank are rumbling in the belly of Access Bank Plc, fueling ghostly imaginations of resurrection or reincarnation. The Early Years Intercontinental Bank Plc was born in 1989 to the family of Dr. Erastus Akingbola. Early in life, the young bank exhibited elements of excellence, profitability and leadership in the banking sector. And when the whistle was blown on Banking Consolidation in 2005, the bank merged seamlessly with three other banking institutions: Equity Bank of Nigeria, Gateway Bank and Global Bank in October of that year. Naturally, the merging process made it bigger in terms of size, branch network, customer base and profitability.

Following the continuous worsening power outages the privatised Generating Power Companies (GENCOs), the Transmission Company of Nigeria (TCN) and the Distribution Power Companies (DISCOs) are now on each other’s neck over who bears the cost of power losses from evacuation points through the national grid to the distribution network. This is due to dilapidated facilities at both the transmission level and distribution network.

Remittances to Sub-Saharan Africa registered a small decline of 0.5 percent...

The Insurance and Pension Marketing & Distribution Summit Africa,...

Mr. O. S. Thomas Commissioner for Insurance National Insurance Commission The National...

After starting the trading day on a positive note...