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Standard Chartered

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Standard Chartered Sells Subsidiaries In Four African Countries To Access Bank

Access Holdings’ banking division, Access Bank, has agreed to acquire the subsidiaries of Standard Chartered in four African countries, amid its expansion drive. Access Bank offered to purchase Standard Chartered’s subsidiaries in Angola, Cameroon, Gambia and Sierra Leone, after the latter announced its

July 14, 2023

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Business·Oil & Gas

Norwegian Oil Firm To Reduce Business In Nigeria, Sell $3.5 billion Oilfield Stake

Investment bank, Standard Chartered, has been hired by Norwegian energy firm, Equinor, to sell its stake in the offshore Agbami oilfield. Equinor opted to sell the stake due to a reduction in production output from the Agbami oilfield, according to a report by

January 27, 2023

Standard Chartered

Standard Chartered Speaks On Closure Of Nigerian Branches

Standard Chartered Bank has spoken on the closure of 50 percent of its Nigerian branches. On Tuesday, Prime Business reported that the United Kingdom-based banking group would cut branches in Nigeria and focus more on digital banking. Dayo Aderugbo, head, corporate affairs, brand

January 13, 2022

Standard Chartered

Standard Chartered To Shut Down 50% Of Nigerian Branches – Report

Standard Chartered Plc is planning to close 50 percent of its branches in Nigeria to embrace digital banking, according to a report by Bloomberg. The report read that Nigerian subsidiary started closing down some offices in December and may drop it from

January 11, 2022

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