Business

The rhythm of Nigeria's business world
The United Kingdom and Nigeria are about to sign a significant partnership agreement that allows British lawyers to work and provide services in Nigeria. This collaboration, set to be formalized soon, aims to boost trade and investment between the two nations. The deal, known as the Enhanced...
In a dramatic turn of events, the official exchange rate between the naira and the dollar plummeted to an unprecedented low of N1,534 on the NAFEM market, marking the weakest point in the currency's history. The day's forex turnover, a mere $89 million, revealed a sharp 64.69% drop in comparison...
In a somber announcement on Monday, Access Holdings PLC revealed the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer. This decision comes in the wake of the tragic helicopter crash that claimed the lives of its former Group CEO, Dr. Herbert Wigwe, his wife, son, and...
In the wake of the International Monetary Fund's (IMF) recommendation for the Nigerian government to eliminate electricity subsidies, a wave of diverse reactions has swept across the nation. Citizens, taking to social media platforms, have expressed a range of sentiments reflecting skepticism...
In the face of persistent economic challenges and the ongoing struggle of Nigerians, the International Monetary Fund (IMF) has strongly urged the Federal Government to eliminate subsidies on fuel and electricity. The IMF argues that these subsidies, considered costly and ineffective, should be...
In response to the devastating helicopter crash near the California-Nevada border, Access Bank has affirmed its cooperation with U.S. authorities investigating the incident that claimed the life of the bank's CEO, Herbert Wigwe. In its first official statement since the news broke, the bank's...
Nigerian airline operators have sounded the alarm over a waning passion for business continuity amid the relentless challenges posed by escalating aviation fuel costs and a foreign exchange crisis. The spokesperson for local air carriers, Obiora Okonkwo, issued a compelling statement...
Access Holdings CEO Herbert Wigwe, his wife, son, and former President of Nigerian Exchange Group Plc, Abimbola Ogunbajo, are feared dead in a helicopter crash between the borders of Nevada and California. The crash occurred as the group, including Herbert's wife, son, and a friend, was en route...
In a distressing incident, a helicopter carrying Herbert Wigwe, the group Managing Director of Access Bank Corporation, and others has crashed in California. The search is ongoing for the six individuals on board, including Herbert's wife and a friend, Bimbo Ogunbadejo, former president of the...
Access Holdings Plc's Group CEO, Herbert Wigwe, his wife, son, and Nigerian Exchange Group Plc's Chairman, Abimbola Ogunbanjo, were involved in a tragic helicopter crash near the Nevada border in California. The incident, which occurred on Friday, resulted in the loss of all six passengers on...
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