Access Bank PLC and its Group Managing Director, Herbert Wigwe, were recognised as winners of the ‘Agriculture Deal of the Year’ and ‘African Banker of the Year’ categories at the 2020 African Banker Awards. Access Bank was awarded for its role in helping Olam develop their rice operations in Nigeria by using a model hinged …read more →
Month: August 2020
Confidence, Certainty and Reducing Risk Are Vital in Infrastructure Planning – Debate Panel
British experts have identified confidence, certainty and reducing risk as vital in Infrastructure development planning In a virtual debate titled “How can planning help deliver the ‘build, build, build’ infrastructure agenda?” which was hosted by Infrastructure Intelligence editor Andy Walker, the panel was of the view that trust must precede collaboration for government to achieve its goals. …read more →
Experts Want Insurance Industry to Help Boost Infrastructure Development
Stakeholders in the insurance industry have attributed the lull in the economy to infrastructure deficits, explaining that the ecosystem calls for a deliberate effort to close the existing gap between the sector’s contribution and need for economic growth. The stakeholders, agreed that there is a link existing among underwriting activities, infrastructure development and economic growth. …read more →
Nigeria Plans to Build Shipyard in its Bayelsa State
The Federal Government of Nigeria has flagged off the feasibility study for the construction of a shipyard in Brass Island, Bayelsa State. In a statement in Abuja, the Nigerian Content Development and Monitoring Board (NCDMB), said the government had engaged China Harbour Engineering Company for the studies, adding that when completed, the shipyard would cater …read more →
FBN Holdings Strengthens First Bank’s Balance Sheet with N25bn
The Group Managing Director of FBN Holdings Plc, Mr. UK Eke, has said that the injection of N25 billion capital into the group commercial banking arm, First Bank, is in line with the Group’s mandate of delivering greater value to shareholders and strengthening the resolve to consolidate its leadership in the banking sector. He made …read more →
Gear Wars! U.K. Turns On Huawei in 5G Showdown over “Untrusted Equipment”
A panel of experts at the Council on Foreign Relations on Tuesday weighed in on policy implications for the U.S. and its allies after the U.K. government—in a reversal of prior policy—said it would not allow equipment made by China’s Huawei in the expansion of its 5G wireless telecom infrastructure. “Today, we think they took the right step in the correct direction …read more →
Fayemi Reels Out On-going School Infrastructure Projects in Ekiti
The Governor of Ekiti State, Dr Kayode Fayemi has stated that the New Ekiti is fuelled by the desire to ensure that every Ekitikete can thrive and utilize their potentials according to their abilities, without any inhibition or hindrance. On his Facebook page, he stated that “A New Ekiti where state investment in infrastructure and …read more →