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Panic in Corporate Centrum as Sahara Group battles insolvency
Sopuruchi Onwuka The energy business empire of corporate mogul, Kola Adesina, is battling tough liquidity challenge that threatens its continued participation in the debt ridden national gas-to-power programme. Leaders and top management executives are all pulling strings to stave off…
External Reserves grows to $38.5bn as Tinubu borrows $21bn
Sopuruchi Onwuka Enhanced inflow of foreign exchange from diverse sources has helped raise the Nigerian external reserves to $38.5 billion at the weekend, leading to bearish sentiments at the foreign exchange market where the value of the local Naira has…
Lagos State commends The Alternative Bank on environmental responsibility
Sopuruchi Onwuka The Lagos State Ministry of Environment and Water Resources has commended The Alternative Bank (AltBank) for its leadership in environmental sustainability following the successful Walk4ZeroPlastic march. The bank which started as non-interest banking window in Sterling has since…
Access Bank UK building brighter futures with Polo Day 2025
What began as a day of polo and pageantry at Windsor’s Guards Polo Club unfolded into something far more meaningful. At Access Bank UK Polo Day 2025, the cheers echoed a deep mission: to open doors for children through education…
Africa Energy Bank: Will Nigeria miss another great opportunity?
Sopuruchi Onwuka The delay in the full funding and activation of the highly anticipated African Energy Bank (AEB) clearly falls into pattern with the inability of African countries to muster critical collaborative thrust in pushing collective agenda; it reinvents the…
Trump remittance tax to hit forex inflow to Nigeria, Africa
Sopuruchi Onwuka The new tax bill by the government of the United States of America may deliver sour impact on developing economies of the world, and mainly Nigeria where diasporas’ remittances have formed an official channel of foreign exchange income….
Access Bank remains Nigeria’s Most Valuable Brand
Access Bank PLC has emerged as Nigeria’s most valuable brand, securing the top position for the fourth consecutive year in the latest “Nigeria 25 2025” ranking by Brand Finance, the world’s leading brand valuation consultancy. This achievement reaffirms Access Bank’s…
Inflation hits Nigerian kitchens with food price jumps
Sopuruchi Onwuka The inflationary trends in the domestic economy have drilled down to direct impact on low income families in the country, figures from the National Bureau of Statistics (NBS) have clearly indicated. The NBS indicated that inflation impacts on…
The blood profits of Nigerian banks
[By Michael Owhoko, Ph.D] The astronomical rise in banks’ profits as reflected in the 2024 full year financial report has exposed the banking industry as a lucrative enterprise powered by arbitrary charges imposed on unwilling customers. In some cases, these…
Access Holding executives feature at UNEP FI’s Regional Roundtable
Delegates from Access Holdings PLC will be amongst the leading participants in the United Nations Environment Programme Finance Initiative (UNEP FI) Regional Roundtable on Sustainable Finance for Africa and Middle East. Currently ongoing in Marrakech, Morocco, the event will bring…
