June 11, 2024/Access Bank Plc Access Bank PLC (“the Bank”) has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” or “BancABC”), which is in line with its strategic expansion goals. This milestone follows the Bank’s initial announcement in July 2023 and marks another […]
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President Tinubu Commends Tolaram for Acquisition of 58.02% Equity in Guinness Nigeria Reposing Confidence in Nigeria’s Economy
June 11, 2024/Chain Reactions Africa President Bola Ahmed Tinubu has commended the Singaporean business conglomerate, the Tolaram, for believing in Nigeria and having absolute faith in her economy. Tolaram, which partnered Nigeria to build the Lekki Free Trade Zone and the country’s first deep sea port, has acquired Diageo’s 58.02 […]
Afreximbank Finalizes $925 Million Accordion Disbursement for Project Gazelle Funding Limited
This announcement follows the success of the first accordion tranche of the US$3.3 billion facility June 6, 2024/Afreximbank African Export-Import Bank (Afreximbank) has announced an additional disbursement of US$925 million under the syndicated US$3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company (NNPC) Limited. This brings […]
