Access Bank CEO sees profit boost from retail business
12 July 2019 | 2:48 pm
Herbert Wigwe, chief executive officer of Access Bank Plc, discusses the growth of the lender's retail business following the acquisition of Diamond Bank Plc. He also comments on the bank's capital plan, non-performing loans and measures by the Central Bank of Nigeria to boost lending.
29 Oct 2021
The World Food Programme says it urgently needs funds or it may have to cut food rations to more than 500,000 people in Nigeria's conflict-ravaged north-east.
28 Oct 2021
Nigerian's in UAE are facing harsher times as restriction on work permits bites harder. Some of them spoke exclusively to The Guardian about what led to the current situation.
5 Nov 2021
91 illegal migrants from Nigeria are being repatriated back to their home country, in what security officials say is a voluntary return from Libya's International Misrata Airport to the Nigerian capital Niamey.
5 Nov 2021
Nigeria has secured a new set of military gear and they are massive. The Nigerian Army recently unveiled 60 new VP1 Type Tracked Armoured Personnel Carriers to expand it armory.
11 Nov 2021
Golf is a club-and-ball game in which players use various clubs to hit balls into a series of holes on a course. The sport dates as far back as the 15th century and it is one of the most popular outdoor games around the world. Even though the game is not really popular in mainstream Nigeria, it has often been regarded as a male and elite sport, but this set of women are changing the narrative, to them, golf is more than just a game. Some female golfers took out time to share their experiences playing a sport that is mostly dominated by men.
15 Nov 2021
Nigeria’s Foreign Minister Geoffrey Onyeama told FRANCE 24 that recent coups in West Africa are undermining democracy and that events have reached a crucial juncture for the Economic Community of West African States (ECOWAS) regional bloc. “Clearly it is a threat, it is an unfortunate precedent,” he said.
18 Nov 2021
A fact-checking media in Mali has identified false claims of child harvesting in Nigeria – so-called "baby factories". The claim that the images in question are recent is bogus, but a real phenomenon of child harvesting does exist in Nigeria. Also, a Canadian media dramatically claimed that the wife of Pfizer's CEO died due to the Covid-19 vaccine. In fact, she is alive and well.
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
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An entrepreneurship association made up mostly of young women from South Kivu in eastern Democratic Republic of Congo, is manufacturing soap from coffee beans. The group’s coordinator, Mademoiselle Solange Kwinja, says the product is a great success since it is now being marketed in Bukavu, the provincial capital.
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Sri Lanka is in the grip of its worst economic crisis in decades, facing depleted petrol reserves, food shortages and a chronic lack of medical supplies. More than a month of mainly peaceful protests against the government's handling of the economy turned deadly last week when supporters of the former prime minister stormed an anti-government protest site in the commercial capital Colombo. We discuss the depth of protesters’ grievances, as well as President Gotabaya Rajapaksa’s chances of weathering the storm, with Sri Lankan human rights lawyer and activist Bhavani Fonseka.
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After becoming the first French president in two decades to win re-election, Emmanuel Macron now has to convince enough voters to once again give him a mandate in next month's legislative elections. A centrist who this time has to face an unusually united left, Macron has to persuade the electorate to stick with free-market reform, while shedding his "too clever for his own good" image.
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Hundreds of Pakistanis studying in Ukraine were brought home after Russia invaded the Eastern European country. Now they can neither go back nor find a place in local universities.
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