Kunle Awosika

Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural communities have access to electricity. This is in addition to over 40 per cent of the entire population who are financially excluded or underserved.

Following the recent report publication by Saharareporters titled Exclusive: How Suspended NPA Boss, Hadiza Usman Awarded Coastline Terminals To Dangote’s Proxy company in shady deal.’

Dangote Sugar Refinery Plc has reported a profit before tax of N11.95 billion for the first quarter ended March 31, 2021.

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated that the bank is  privileged to work closely with the Nigerians in Diaspora Commission, (NiDCOM) and will continue to pursue one of its key mandates of helping to enhance the economic development and integration of Africa through its support to Nigerians living and working abroad.

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its subsidiary, First Bank of Nigeria Ltd (FIrstBank), at ‘B-’ with a Negative Outlook.

Heritage Bank for being part of valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited is set to unlock the over N344trillion market worth of gold investible instruments in the solid minerals sector with the concluded plans of being listed on the Lagos Commodities and Futures Exchange (LCFE).

Pan African financial institution, United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of  N10m in the quarterly draws of the ongoing UBA Savings Promo.

Zenith Bank and Access Bank are some of the financial institutions in talks to acquire Atlas Mara Ltd.’s 49.97 percent stake in Union Bank Plc.

The Chief Executive Officer, Union Bank Plc, Godson Chukwuemeka Okonkwo, has purchased 2,431,917 ordinary shares of the bank, according to the latest disclosure filing from the lender.

Heritage Bank in partnership with the Road Transport Employee's Association of Nigeria (RTEAN) has launched the Travelers' Accident Insurance Scheme (TAIS) to assist road accident victims across the country.