Electric vehicle maker Tesla Inc on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company also said Oracle …
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Access Bank acquires Kenya lender, Sidian Bank, with N15 billion
Access Bank Plc has paid a sum of N15 billion to acquire Kenyan lender, Sidian Bank Ltd, owned by Centum Investment Plc. The acquisition amounts to 83.4% equity ownership stake …
- Banking, Finance & InvestmentBusinessHealthcareStanbic IBTCWestern Africa
Quality healthcare: Stanbic IBTC Bank contributes N10.2 billion to boost sector
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has continued to partner stakeholders in the health sector to offer quality healthcare. Chief Executive, Stanbic IBTC Bank PLC, …
- Access BankBanking, Finance & InvestmentEastern AfricaKenyaWestern Africa
Access Bank acquire $37 million stake in Kenya’s Sidian Bank
Access Bank has brokered a deal with the investment firm Centum Investment Plc to procure the 83.4 per cent interest the latter holds in Nairobi based lender Sidian Bank making …
Amazon.com Inc. veteran executive Dave Clark, who oversaw the consumer business that includes the online retail operation, is stepping down. “To all I’ve had the honor of working with: thank …
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9mobile sets to launch ‘The Hack’ to groom entrepreneurs
Leading telecommunications company, 9mobile is set to hold the first edition of its mentorship program, ‘The Hack’. The Hack is a platform created to support and promote entrepreneurs in the …
- Banking, Finance & InvestmentUncategorizedWestern AfricaZenith Bank
Police Seals Zenith Bank Branches In Owerri Imo
All the branches of Zenith Bank in Owerri in Imo State have been sealed by policemen, following a court judgment against the bank. The development which rendered staff members and …
Uber an American mobility service provider has hit one billion trips in Africa since entering the market less than 10 years ago. Uber and Uber Eats have also collectively reached …
- AfricaAirtelInformation TechnologyTechnology
Elon Musk’s Starlink to provide internet service in Nigeria and Mozambique
Nigeria and Mozambique has approved Elon Musk’s Starlink. On Friday, Tesla CEO Musk announced on Twitter that Starlink, the satellite internet constellation launched by SpaceX, his space exploration company, has …
- AfricaPress OfficeTelecommunicationsWestern Africa
‘Telecom tax’ not in health insurance Act Buhari signed
The National Health Insurance Authority (NHIA) Act 2022 does not include telecoms tax as part of the funding sources targeted in financing the Vulnerable Group Fund, a copy of the …