Blog

Naira devaluation worsens Nigeria's debt woes
News

FG, agencies collaborate to boost agric exports

The Nigeria Agricultural Quarantine Service and the Nigeria Oil and Gas Free Zones Authority, two Federal Government organizations, have reached an agreement to work together to facilitate trade and protect Nigeria’s agricultural exports and economy. According to The PUNCH, partners in the transaction made this announcement on Sunday in Abuja, claiming that it was the […]

Ogun backs mass food production
News

NGX Group mourns loss of former chairman, Ogunbanjo

The Nigerian Exchange Group Plc has expressed its profound sadness over the untimely deaths of the former group chairman, Bamofin Abimbola Ogunbanjo, andthe group managing director of Access Holdings Plc, Dr. Herbert Wigwe, CFR,balong with his son and wife, in a helicopter accident in the United States. Expressing his heartfelt condolences, the Group Chairman of NGX Group, […]

Billionaire Jeff Bezos sells $2bn Amazon shares
Business

Billionaire Jeff Bezos sells $2bn Amazon shares

The founder of Amazon.com Inc., Jeff Bezos, made a significant divestment this week when he sold 12 million shares of the business, his first stock transaction since 2021. According to The Times, regulator records state that the trades, which took place on Wednesday and Thursday, totaled slightly more than $2 billion. Prior to the stock’s […]

Wigwe: Ten things to know about Abimbola Ogunbajo
News

Wigwe: Ten things to know about Abimbola Ogunbajo

Abimbola Ogunbanjo forged an exemplary career in both law and finance, following in the esteemed footsteps of his late father, Chris Ogunbanjo, a distinguished corporate lawyer in Nigeria. Commencing his professional journey at Chase Manhattan Bank in Nigeria, he ascended to prominent positions within the Nigerian Stock Exchange, showcasing his expertise in the financial realm. […]

Helicopter carrying Herbert Wigwe on fire before crash - NSIB
Banking

Wigwe: Rain, wintry weather responsible for crash, says US

United States authorities revealed on Sunday that preliminary findings suggest wintry weather conditions played a role in the helicopter crash that claimed the life of Herbert Wigwe, the Group Chief Executive Officer of Access Holdings Plc. Wigwe, along with his wife and son, was aboard the helicopter when it crashed in California near the Nevada […]

Ten things to know about Herbert Wigwe
Banking

Ten things to know about Herbert Wigwe

Herbert Wigwe was born in Rivers State and had his education at the University of Nigeria, Nuskka and across other institutions. In 2002, he started Access Bank with his friend, friend, Aigboje Aig-Imoukhuede, and rose to become the CEO in January 2014. Herbert Wigwe was also a philanthropist, who is committed to improving the lives […]

Contractor refunds N30.6m double payment to humanitarian ministry
Business

Contractor refunds N30.6m double payment to humanitarian ministry

There are now details available regarding how a long-standing Federal Government contractor, James Okwete reimbursed the Ministry of Humanitarian Affairs for N30,604,651.16 after getting paid twice for a job that was finished under former Minister Sadiya Umar-Farouq. The Punch stated that, the payment was a component of a N35 million contract for the “Design and Development […]

Obi, Okonjo-Iweala, Onanuga mourn Access Bank CEO Herbert Wigwe
News

Obi, Okonjo-Iweala, Onanuga mourn Access Bank CEO Herbert Wigwe

The presidential candidate of the Labour Party in the 2023 presidential election, Peter Obi, has mourned the Chief Executive Officer of Access Holdings, Herbert Wigwe, who reportedly died in a helicopter crash in the United States. AMBusiness reported that Wigwe, alongside five others, including his wife, and son, as well as the group chairman of […]

Opay, Palmpay, others facilitate N46.6trn transactions in 2023 - NIBSS
Banking

NIBSS suffers downtime, bank transactions affected

Alex Omenye   The Nigeria Inter-Bank Settlement System on Saturday encountered downtime, causing distress among bank customers grappling with transfer errors and failed transactions.   Screenshots purportedly from different banks circulated, underscoring the challenges faced by NIBSS, the pivotal settlement partner for all banks.   Messages such as “NIBSS, the settlement partner for all banks, […]

Herbert Wigwe: Huge loss for Nigeria, tweeps mourn Access Holdings CEO
News

Herbert Wigwe: Huge loss for Nigeria, tweeps mourn Access Holdings CEO

Nigerians on X, formerly Twitter, have described the death of the Chief Executive Officer of Access Holdings, Herbert Wigwe, as a huge loss to the country. AMBuisness reported that the 57-year-old business mogul died in a helicopter accident in California near the Nevada border, United States of America. According to reports, this is the state’s […]

Pensioners threaten strike over economic hardship
News

Pensioners threaten strike over economic hardship

The Nigeria Union of Pensioners reports that a large number of its members are passing away as a result of the economic crisis. Solace Base stated that, the union claims that the nation’s cost of living has increased as a result of the economic slump. The president of the NUP, Godwin Abumisi, answered questions from media […]

Access Holdings CEO Herbert Wigwe dies in US
featured News

UPDATED: Access Bank CEO Herbert Wigwe dies in helicopter crash

The Chief Executive Officer of Access Holdings, Herbert Wigwe, has died in a helicopter crash on Friday in the United States of America. Reports revealed that Wigwe was with his wife and son when the chopper crashed near Nevada, US. Amongst the six passengers on board was also the group chairman of Nigerian Exchange Group […]