Business News

Nigeria’s Biggest Bank Plans African Expansion to Boost Earnings

Guaranty Trust Bank Plc, Nigeria’s largest lender by market value, plans to expand its operations in the rest of Africa over the next three years in a bid to triple the pace of earnings growth. “The bank plans to open in one other country, probably Tanzania, Mozambique or Angola to […]

Access Bank boss to speak on financing

The Group Managing Director of Access Bank, Mr. Herbert Wigwe, is scheduled to speak at the 4th annual ‘MIT: Africa Innovate Conference’ in Boston, United States of America. The conference, holding from April 11 to 12, is being organised by Africa Business Club. It is an initiative designed to facilitate […]

SABMiller’s Hero Taps Into Biafra Nostalgia in Nigeria

At the Estate Sports Club in the southeastern Nigerian city of Onitsha, men troop up to the open-air bar and order a bottle of “Oh Mpa,” the local name for SABMiller Plc’s Hero beer. Oh Mpa means “Oh Father” in Igbo, the language of the area, and is widely regarded […]