Tag: Herbert Wigwe

Access Bank Grows 2016 Q1 Profit by 42% to N19.4bn

25/4/2016/Access Bank Plc Access Bank Plc, the full service commercial bank with headquarters in Nigeria  with operations across Sub-Saharan Africa, the UK, Asia and the Middle East, has announced its unaudited results for the period ended 31 March 2016, showing 42% increase in Profit After Tax. Access Bank maintained its […]

Access Bank Seeks Approval to Raise N100 Billion Fresh Capital

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc said on Monday its seeking approval this month from shareholders of the Bank to raise up to N100 billion ($505 million) fresh capital, according to a Reuters report. The report says Access Bank may raise the fund through a public […]

Dangote plans to generate 12,000MW of electricity

March 8, 2016March 8, 2016/Punch Akinpelu Dada and Oyetunji Abioye The President, Dangote Industries, Aliko Dangote, has said his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central […]