Access Bank and Diamond Bank CEOs break down their planned merger
By CNBC
04 January 2019 |
2:20 pm
Earlier this week, Diamond bank announced that it selected Access bank as the preferred bidder with respect to a potential merger of the two banks, a move they say will create Africa’s largest retail bank by customers.
In this article
Related
9 Jan 2022
Tensions escalate between Palestinians in the West Bank village of Burqa and Israeli settlers after Palestinian gunmen killed an Israeli man in the area on December 16, and settlers were accused of attacking Arab villages in the aftermath.
12 Jan 2022
As COVID-19 continues to harm economies globally, it's the developing and emerging economies that are suffering most says the lender's Franziska Lieselotte Ohnsorg.
19 Feb 2022
On June 24, 2021, Palestinian political activist Nizar Banat died after being violently beaten by Palestinian security forces. Banat was a fierce critic of corruption in the Palestinian Authority. His killing had an immediate effect: Thousands took to the streets in the Palestinian Territories to protest against the ruling Fatah party and Palestinian Authority President Mahmoud Abbas.
16 Feb 2022
Developing economies were hit hardest by the global economic recession brought by the pandemic. A looming debt crisis could make things much worse, according to a new report.
21 Mar 2022
The United States Federal Reserve has raised interest rates for the first time since 2018, as it tries to cool inflation, which is running at the highest level in 40 years. The Chair of the central bank, Jerome Powell, said the implications of the Russian invasion were "highly uncertain", pointing to the risk of disruption to supply chains. Also today, we look at details of the French government's plan to ease the economic impact of the war in Ukraine.
23 Mar 2022
The French bank BNP Paribas has told its customers it will no longer process transactions in Russia after the end of March, as it halts all new projects in the country. BNP's Russian business is relatively small - with €1.3 billion of exposure to the market - but the move is symbolic as other lenders consider their position in the country. Also today, we hear from the Ukrainian farmers who are continuing to work the land amid fears for food production due to the war.
2 Apr 2022
A decree signed by Russian President Vladimir Putin stipulates that Western countries must start paying for gas through a Russian bank that will transfer foreign currency into rubles.
1 Apr 2022
A decree signed by Russian President Vladimir Putin stipulates that Western countries must start paying for gas through a Russian bank that will transfer foreign currency into rubles.
4 Apr 2022
Following days of protests over soaring prices and fuel shortages, Sri Lanka's cabinet ministers have resigned en masse. The head of the central bank has also stepped down. We take a look at how the heavily indebted country got to this stage. Plus, our correspondents report on how Niger could be facing its worst food crisis in a decade, amid global food and energy shortages worsened by the war in Ukraine.
6 Apr 2022
Find these stories and much more when you grab a copy of The Guardian on Thursday.
16 Apr 2022
Tensions between Israelis and Palestinians have been running high in recent days. Israeli forces have carried out fresh raids in the West Bank after a spate of recent deadly attacks.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
1 day ago
The country's ruling accused the French broadcaster of "acting as a mouthpiece" for an al-Qaeda affiliated group. France 24 has denied the allegation and condemned the move.
1 day ago
Professor Akachi Adimora-Ezeigbo, Chairperson, The Nigerian Prize for Literature Advisory Board speaks to GuardianTV on The NLNG prize for literature 2023, the prize money, and Nigerian writers.
1 day ago
Germany's foreign minister says the door to EU candidate status is "wide open" for Georgia. But she stressed the Caucasus country would first need to implement reforms to address concerns over democracy.
1 day ago
Mohamed ElBaradei was director general of the International Atomic Energy Agency (IAEA) from 1997 until 2009. In an interview with FRANCE 24, he reflected on the US-led invasion of Iraq 20 years ago this week, which he opposed. "If I now look in hindsight, it was not really about weapons of mass destruction.